Meta Platforms Inc

Common Name
Meta Platforms
Country
United States
Sector
Communication Services
Industry
Internet Content & Information
Employees
76,834
Ticker
META
Exchange
NASDAQ/NGS
Description
Meta Platforms Inc., commonly known as Meta, is a leading technology conglomerate focused on building integrated social media and technology solutions. The company owns and operates several pivotal pl...

Meta Platforms's GHG Emissions Data Preview

In 2023, Meta Platforms 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).

Meta Platforms 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)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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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 Meta Platforms's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Meta Platforms amounted to 5,190,302 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 Meta Platforms increased by 30.13%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Meta Platforms's Scope 1 Emissions Over Time

201820192020202120222023020 k40 k60 k80 ktCO2e+5%-34%+90%+21%-27%
  • Total Scope 1
  • Year-over-Year Change

What are Meta Platforms's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Meta Platforms were 48,952 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Meta Platforms reduced its Scope 1 emissions over time?

Since 2018, Meta Platforms's Scope 1 emissions have increased by 16.55%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Meta Platforms's Scope 1 emissions decreased by 26.87%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Meta Platforms's Scope 2 emissions?

In 2023, Meta Platforms reported Scope 2 greenhouse gas (GHG) emissions of 1,658 tCOâ‚‚e using the market-based method, and 5,141,350 tCOâ‚‚e using the location-based method.

Has Meta Platforms reduced its Scope 2 emissions over time?

Since 2018, Meta Platforms's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 314.29%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Meta Platforms's Scope 2 emissions (Location-Based) rose by 31.1% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Meta Platforms use for Scope 2 reporting?

In 2023, Meta Platforms reported its Scope 2 emissions using the market-based method and using the location-based method.

Meta Platforms's Scope 2 Emissions Over Time

20182019202020212022202301.5 M3 M4.5 M6 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Meta Platforms's Value Chain Emissions

In 2023, Meta Platforms reported 7,445,620 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 Meta Platforms includes a breakdown across 11 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.

Meta Platforms's Scope 3 Emissions Over Time

20182019202020212022202302.5 M5 M7.5 M10 MtCO2e+525%+25%+13%+47%-12%
  • Total Scope 3
  • Year-over-Year Change

What are Meta Platforms's Scope 3 emissions?

In 2023, Meta Platforms reported total Scope 3 emissions of 7,445,620 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 99.74% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.26% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Meta Platforms reduced its Scope 3 emissions over time?

Since 2018, Meta Platforms's Scope 3 emissions have increased by 1,041.97%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Meta Platforms's Scope 3 emissions decreased by 12.06%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Meta Platforms disclose?

In 2023, Meta Platforms 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 Meta Platforms's Scope 3 emissions?

In 2023, the largest contributors to Meta Platforms's Scope 3 emissions were:

  • Capital Goods (Cat. 2): 4,835,270 tCOâ‚‚e (64.94%)
  • Purchased Goods and Services (Cat. 1): 2,045,470 tCOâ‚‚e (27.47%)
  • Business Travel (Cat. 6): 317,841 tCOâ‚‚e (4.27%)

Meta Platforms's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(27.5%)Capital Goods(Cat. 2)(64.9%)Business Travel(Cat. 6)(4.3%)

Insights into Meta Platforms's Total Carbon Footprint

In 2023, Meta Platforms reported a total carbon footprint of 12,635,922 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.45% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Meta Platforms's total carbon footprint was Scope 3 emissions, accounting for 58.92% of the company's total carbon footprint, followed by Scope 2 emissions at 40.69%.

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