In 2023, Meyer Burger Technology 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).
Meyer Burger Technology has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 305a | 327a | N/A | |
Total Scope 2 | ||||
Market-Based | 92a | 6a | N/A | |
Location-Based | 18,279a | 13,770a | N/A | |
Total Scope 3 | 449,295a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.9002a | 2.0531a | N/A |
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In 2023, the total operational greenhouse gas (GHG) emissions of Meyer Burger Technology amounted to 18,584 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 2022, the total operational greenhouse gas (GHG) emissions of Meyer Burger Technology increased by 31.83%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2023, the total Scope 1 emissions of Meyer Burger Technology were 305 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Meyer Burger Technology's Scope 1 emissions have decreased by 53.79%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2022), Meyer Burger Technology's Scope 1 emissions decreased by 6.73%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, Meyer Burger Technology reported Scope 2 greenhouse gas (GHG) emissions of 92 tCO₂e using the market-based method and 18,279 tCO₂e using the location-based method.a
Compared to the previous year (2022), Meyer Burger Technology's Scope 2 emissions (Location-Based) rose by 32.75% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2023, Meyer Burger Technology reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, Meyer Burger Technology reported 449,295 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 2023 disclosure of Meyer Burger Technology includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2023, Meyer Burger Technology reported total Scope 3 emissions of 449,295 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 2019, Meyer Burger Technology's Scope 3 emissions have increased by 26,884.68%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
In 2023, Meyer Burger Technology reported emissions for 6 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 2023, the largest contributors to Meyer Burger Technology's Scope 3 emissions were:a
In 2023, Meyer Burger Technology reported Scope 1 greenhouse gas (GHG) emissions of 305 tCO₂e and total revenues of USD 161 millions. This translates into an emissions intensity of 1.9 tCO₂e per millions USD.a
In 2023, Meyer Burger Technology reported a Scope 1 emissions intensity of 1.9 tCO₂e per millions USD. Compared to the peer group median of 10.92, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, Meyer Burger Technology ranked 6 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Meyer Burger Technology is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, Meyer Burger Technology reported a total carbon footprint of 467,879 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3,219% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Meyer Burger Technology's total carbon footprint was Scope 3 emissions, accounting for 96.03% of the company's total carbon footprint, followed by Scope 2 emissions at 3.91%.a