In 2023, Marel 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Marel has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 |
|---|---|---|
Total Scope 1 | 8,367a | 7,314a |
Total Scope 2 | ||
Market-Based | 3,813a | 4,250a |
Location-Based | 9,892a | 7,593a |
Total Scope 3 | 359,564a | 410,403a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Marel amounted to 18,259 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 2022, the total operational greenhouse gas (GHG) emissions of Marel increased by 22.49%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2023, the total Scope 1 emissions of Marel were 8,367 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2022), Marel's Scope 1 emissions increased by 14.4%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, Marel reported Scope 2 greenhouse gas (GHG) emissions of 3,813 tCO₂e using the market-based method and 9,892 tCO₂e using the location-based method.a
Compared to the previous year (2022), Marel's Scope 2 emissions (Location-Based) rose by 30.28% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2023, Marel reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, Marel reported 359,564 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2023 disclosure of Marel includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2023, Marel reported total Scope 3 emissions of 359,564 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 30.73% of these emissions originated from upstream activities such as purchased goods and capital goods, while 69.27% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2022), Marel's Scope 3 emissions decreased by 12.39%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2023, Marel reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2023, the largest contributors to Marel's Scope 3 emissions were:a
In 2023, Marel reported a total carbon footprint of 377,823 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.17% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Marel's total carbon footprint was Scope 3 emissions, accounting for 95.17% of the company's total carbon footprint, followed by Scope 2 emissions at 2.62%.a