Marico Ltd
Marico's GHG Emissions Data Preview
In 2023, Marico 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).
Marico has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Marico's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Marico amounted to 12,555.7 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Marico increased by 14.86%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Marico's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Marico's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Marico were 779.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Compared to the previous year (2022), Marico's Scope 1 emissions increased by 25.41%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Marico's Scope 2 emissions?
In 2023, Marico reported Scope 2 greenhouse gas (GHG) emissions of 11,775.8 tCOâ‚‚e using the location-based method.
Has Marico reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Marico's Scope 2 emissions (Location-Based) rose by 14.23% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does Marico use for Scope 2 reporting?
In 2023, Marico reported its Scope 2 emissions using the location-based method.
Marico's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Marico's Value Chain Emissions
In 2023, Marico reported 547,127 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Marico includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 9 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
Marico's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Marico's Scope 3 emissions?
In 2023, Marico reported total Scope 3 emissions of 547,127 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 94.83% of these emissions originated from upstream activities such as purchased goods and capital goods, while 5.17% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2022), Marico's Scope 3 emissions remained relatively stable, indicating that Marico 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Marico disclose?
In 2023, Marico reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Marico's Scope 3 emissions?
In 2023, the largest contributors to Marico's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 410,168 tCOâ‚‚e (74.97%)
- Upstream Transportation and Distribution (Cat. 4): 53,368 tCOâ‚‚e (9.75%)
- Upstream Leased Assets (Cat. 8): 34,861 tCOâ‚‚e (6.37%)
Marico's Scope 3 Emissions by Categories
Insights into Marico's Total Carbon Footprint
In 2023, Marico reported a total carbon footprint of 559,682.7 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.17% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Marico's total carbon footprint was Scope 3 emissions, accounting for 97.76% of the company's total carbon footprint, followed by Scope 2 emissions at 2.1%.