In 2024, Melrose Industries 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).
Melrose Industries has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 21,245a | 25,691a | 35,143b | |
Total Scope 2 | ||||
Market-Based | 66,455a | 67,065a | 115,244b | |
Location-Based | 72,953a | 70,938a | 118,929b | |
Total Scope 3 | 1,234,665a | 1,297,252a | 1,700,344b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 4.8816a | 6.0224a | 9.8677b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Melrose Industries amounted to 94,198 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 Melrose Industries decreased by 2.52%, 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 Melrose Industries were 21,245 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Melrose Industries's Scope 1 emissions have decreased by 39.55%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Melrose Industries's Scope 1 emissions decreased by 17.31%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Melrose Industries reported Scope 2 greenhouse gas (GHG) emissions of 66,455 tCO₂e using the market-based method and 72,953 tCO₂e using the location-based method.a
Since 2022, Melrose Industries's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 38.66%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Melrose Industries's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Melrose Industries's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Melrose Industries reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Melrose Industries reported 1,234,665 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 Melrose Industries includes a breakdown across 7 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, Melrose Industries reported total Scope 3 emissions of 1,234,665 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
Since 2022, Melrose Industries's Scope 3 emissions have decreased by 27.39%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Melrose Industries's Scope 3 emissions remained relatively stable, indicating that Melrose Industries's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Melrose Industries reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Melrose Industries's Scope 3 emissions were:a
In 2024, Melrose Industries reported Scope 1 greenhouse gas (GHG) emissions of 21,245 tCO₂e and total revenues of USD 4,352 millions. This translates into an emissions intensity of 4.88 tCO₂e per millions USD.a
In 2024, Melrose Industries reported a Scope 1 emissions intensity of 4.88 tCO₂e per millions USD. Compared to the peer group median of 6.56, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Melrose Industries ranked 11 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Melrose Industries is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Melrose Industries reported a total carbon footprint of 1,328,863 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.66% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Melrose Industries's total carbon footprint was Scope 3 emissions, accounting for 92.91% of the company's total carbon footprint, followed by Scope 2 emissions at 5.49%.a