Mercedes-Benz Group AG

Common Name
Mercedes-Benz Group
Country
Germany
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Employees
163,132
Ticker
MBG
Exchange
XETRA
Description
Mercedes-Benz Group AG is a renowned global automotive manufacturer known for its luxury vehicles, commercial vehicles, and premium products. The company is primarily engaged in the design, production...

Mercedes-Benz Group's GHG Emissions Data Preview

In 2024, Mercedes-Benz Group 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).

Mercedes-Benz Group has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Mercedes-Benz Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Mercedes-Benz Group’s data sources below and access millions more through our Disclosure Search.

a. Mercedes-Benz Group's Integrated Report 2024
a. Mercedes-Benz Group's Integrated Report 2024
b. Mercedes-Benz Group's TCFD Report 2023
b. Mercedes-Benz Group's TCFD Report 2023
c. Mercedes-Benz Group's Sustainability Report 2022
c. Mercedes-Benz Group's Sustainability Report 2022
d. Mercedes-Benz Group's Sustainability Report 2021
d. Mercedes-Benz Group's Sustainability Report 2021

Insights into Mercedes-Benz Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Mercedes-Benz Group amounted to 1,600,000 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 Mercedes-Benz Group increased by 8.77%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Mercedes-Benz Group's Scope 1 Emissions Over Time

20182019202020212022202320240200 k400 k600 k800 ktCO2e-5%-11%+24%-16%-5%+12%
  • Total Scope 1
  • Year-over-Year Change

What are Mercedes-Benz Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Mercedes-Benz Group were 600,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Mercedes-Benz Group reduced its Scope 1 emissions over time?

Since 2018, Mercedes-Benz Group's Scope 1 emissions have decreased by 7.69%, reflecting a declining long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Mercedes-Benz Group's Scope 1 emissions increased by 11.52%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are Mercedes-Benz Group's Scope 2 emissions?

In 2024, Mercedes-Benz Group reported Scope 2 greenhouse gas (GHG) emissions of 100,000 tCO₂e using the market-based method and 1,000,000 tCO₂e using the location-based method. a

Has Mercedes-Benz Group reduced its Scope 2 emissions over time?

Since 2018, Mercedes-Benz Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 49.62%, reflecting a declining long-term trend in Scope 2 emissions over time. a d

Compared to the previous year (2023), Mercedes-Benz Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Mercedes-Benz Group 's emissions have plateaued with no significant change in its energy consumption footprint. a b

What methodology does Mercedes-Benz Group use for Scope 2 reporting?

In 2024, Mercedes-Benz Group reported its Scope 2 emissions using the market-based method and using the location-based method. a

Mercedes-Benz Group's Scope 2 Emissions Over Time

20182019202020212022202320240500 k1 M1.5 M2 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Mercedes-Benz Group's Value Chain Emissions

In 2024, Mercedes-Benz Group reported 128,900,000 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 Mercedes-Benz Group includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 8 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Mercedes-Benz Group's Scope 3 Emissions Over Time

20202021202220232024035 M70 M105 M140 MtCO2e+20%0%-3%+8%
  • Total Scope 3
  • Year-over-Year Change

What are Mercedes-Benz Group's Scope 3 emissions?

In 2024, Mercedes-Benz Group reported total Scope 3 emissions of 128,900,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 21.64% of these emissions originated from upstream activities such as purchased goods and capital goods, while 78.36% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Mercedes-Benz Group's Scope 3 emissions remained relatively stable, indicating that Mercedes-Benz Group 's emissions have plateaued with no significant change in its value chain footprint. a b

What categories of Scope 3 emissions does Mercedes-Benz Group disclose?

In 2024, Mercedes-Benz Group reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Mercedes-Benz Group's Scope 3 emissions?

In 2024, the largest contributors to Mercedes-Benz Group's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 97,000,000 tCO₂e (75.25%)
  • Purchased Goods and Services (Cat. 1): 21,900,000 tCO₂e (16.99%)
  • Capital Goods (Cat. 2): 2,900,000 tCO₂e (2.25%)

Mercedes-Benz Group's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(75.3%)Capital Goods(Cat. 2)(2.2%)Purchased Goods andServices (Cat. 1)(17.0%)

Insights into Mercedes-Benz Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Mercedes-Benz Group reported Scope 1 greenhouse gas (GHG) emissions of 600,000 tCO₂e and total revenues of USD 151,507 millions. This translates into an emissions intensity of 3.96 tCO₂e per millions USD. a

Mercedes-Benz Group's Scope 1 Emissions Intensity Compared to Peers

50010,000100,0002,000,00020,000,000Scope 1 Emissions (tCO2e)2002,00020,000100,0001,000,000Revenues (Millions of USD)ContinentalYear: 2024Scope 1: 671,731 tCO2eRevenue: $M 41,332Scope 1 Intensity: 16.25 tCO2e/$MPumaYear: 2024Scope 1: 5,950 tCO2eRevenue: $M 9,175Scope 1 Intensity: 0.65 tCO2e/$MElringKlingerYear: 2023Scope 1: 19,910 tCO2eRevenue: $M 2,044Scope 1 Intensity: 9.74 tCO2e/$MSurteco GroupYear: 2023Scope 1: 31,972 tCO2eRevenue: $M 924Scope 1 Intensity: 34.59 tCO2e/$MAdidasYear: 2024Scope 1: 20,844 tCO2eRevenue: $M 24,644Scope 1 Intensity: 0.85 tCO2e/$MTUIYear: 2023Scope 1: 5,416,692 tCO2eRevenue: $M 21,828Scope 1 Intensity: 248.15 tCO2e/$MHellofreshYear: 2023Scope 1: 65,369 tCO2eRevenue: $M 8,408Scope 1 Intensity: 7.77 tCO2e/$MJost WerkeYear: 2024Scope 1: 12,648 tCO2eRevenue: $M 1,113Scope 1 Intensity: 11.37 tCO2e/$MSaf-Holland SeYear: 2023Scope 1: 9,290 tCO2eRevenue: $M 2,331Scope 1 Intensity: 3.99 tCO2e/$MZalandoYear: 2024Scope 1: 10,928 tCO2eRevenue: $M 11,002Scope 1 Intensity: 0.99 tCO2e/$MVolkswagenYear: 2024Scope 1: 3,300,000 tCO2eRevenue: $M 337,841Scope 1 Intensity: 9.77 tCO2e/$MDelivery HeroYear: 2023Scope 1: 38,825 tCO2eRevenue: $M 11,004Scope 1 Intensity: 3.53 tCO2e/$MKnorr BremseYear: 2024Scope 1: 31,000 tCO2eRevenue: $M 8,203Scope 1 Intensity: 3.78 tCO2e/$MGrammerYear: 2024Scope 1: 13,369 tCO2eRevenue: $M 2,000Scope 1 Intensity: 6.69 tCO2e/$MHugo BossYear: 2024Scope 1: 9,827 tCO2eRevenue: $M 4,482Scope 1 Intensity: 2.19 tCO2e/$MCECONOMYYear: 2023Scope 1: 19,800 tCO2eRevenue: $M 23,493Scope 1 Intensity: 0.84 tCO2e/$MHELLA GmbH & CoYear: 2024Scope 1: 30,350 tCO2eRevenue: $M 8,351Scope 1 Intensity: 3.63 tCO2e/$MSchaefflerYear: 2024Scope 1: 194,982 tCO2eRevenue: $M 18,927Scope 1 Intensity: 10.30 tCO2e/$MBayerische Motoren WerkeYear: 2024Scope 1: 672,542 tCO2eRevenue: $M 148,163Scope 1 Intensity: 4.54 tCO2e/$MHORNBACH Holding AG & CoYear: 2023Scope 1: 29,600 tCO2eRevenue: $M 6,646Scope 1 Intensity: 4.45 tCO2e/$MDr Ing hc F PorscheYear: 2023Scope 1: 17,638 tCO2eRevenue: $M 44,858Scope 1 Intensity: 0.39 tCO2e/$MCewe Stiftung & CoYear: 2024Scope 1: 2,605 tCO2eRevenue: $M 895Scope 1 Intensity: 2.91 tCO2e/$MMercedes-Benz GroupYear: 2024Scope 1: 600,000 tCO2eRevenue: $M 151,507Scope 1 Intensity: 3.96 tCO2e/$M

How does Mercedes-Benz Group's GHG emissions intensity compare to its peers?

In 2024, Mercedes-Benz Group reported a Scope 1 emissions intensity of 3.96 tCO₂e per millions USD. Compared to the peer group median of 4.22 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Mercedes-Benz Group rank on GHG emissions intensity within its industry?

In 2024, Mercedes-Benz Group ranked 11 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Mercedes-Benz Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Mercedes-Benz Group's Total Carbon Footprint

In 2024, Mercedes-Benz Group reported a total carbon footprint of 130,500,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.86% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Mercedes-Benz Group's total carbon footprint was Scope 3 emissions, accounting for 98.77% of the company's total carbon footprint, followed by Scope 2 emissions at 0.77%. a

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