In 2024, ME Group International 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).
ME Group International has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 |
|---|---|---|
Total Scope 1 | 255a | 471a |
Total Scope 2 | ||
Unspecified Calculation Method | 303a | 285a |
Total Scope 3 | 36,320a | 32,779a |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.6391a | 1.3006a |
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In 2024, the total operational greenhouse gas (GHG) emissions of ME Group International amounted to 558 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 ME Group International decreased by 26.19%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of ME Group International were 255 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), ME Group International's Scope 1 emissions decreased by 45.86%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, ME Group International reported Scope 2 greenhouse gas (GHG) emissions of 303 tCO₂e without specifying the calculation method.a
Compared to the previous year (2023), ME Group International's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that ME Group International's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, ME Group International reported its Scope 2 emissions using an unspecified methodology.a
In 2024, ME Group International reported 36,320 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 2024 disclosure of ME Group International includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, ME Group International reported total Scope 3 emissions of 36,320 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), ME Group International's Scope 3 emissions increased by 10.8%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, ME Group International reported emissions for 3 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 2024, the largest contributors to ME Group International's Scope 3 emissions were:a
In 2024, ME Group International reported Scope 1 greenhouse gas (GHG) emissions of 255 tCO₂e and total revenues of USD 399 millions. This translates into an emissions intensity of 0.64 tCO₂e per millions USD.a
In 2024, ME Group International reported a Scope 1 emissions intensity of 0.64 tCO₂e per millions USD. Compared to the peer group median of 7.32, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, ME Group International ranked 3 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places ME Group International among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, ME Group International reported a total carbon footprint of 36,878 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.97% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to ME Group International's total carbon footprint was Scope 3 emissions, accounting for 98.49% of the company's total carbon footprint, followed by Scope 2 emissions at 0.82%.a