In 2024, Marafiq completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).
However, Marafiq has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 7,303,754a | 7,210,453a | 7,910,407a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 330,658a | 318,634a | 342,851a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3,985.3744a | 4,231.9405a | 4,569.8497a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Marafiq amounted to 7,634,412 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Marafiq increased by 1.4%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Marafiq were 7,303,754 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Marafiq's Scope 1 emissions have decreased by 7.67%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Marafiq's Scope 1 emissions increased by 1.29%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Marafiq reported Scope 2 greenhouse gas (GHG) emissions of 330,658 tCO₂e without specifying the calculation method.a
Since 2022, Marafiq's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Marafiq's emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year (2023), Marafiq's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Marafiq's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Marafiq reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Marafiq reported Scope 1 greenhouse gas (GHG) emissions of 7,303,754 tCO₂e and total revenues of USD 1,833 millions. This translates into an emissions intensity of 3,985.37 tCO₂e per millions USD.a
In 2024, Marafiq reported a Scope 1 emissions intensity of 3,985.37 tCO₂e per millions USD. Compared to the peer group median of 253.15, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Marafiq ranked 24 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Marafiq among the least efficient performers, with one of the highest emissions intensities in its sector.a