In 2024, MHP 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) and Scope 2 (indirect emissions from purchased energy).
However, MHP has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 578,534a | 560,270a | 549,718a | |
Total Scope 2 | ||||
Location-Based | 223,024a | 227,656a | 220,985a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 189.9324a | 185.4585a | 208.0689a |
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In 2024, the total operational greenhouse gas (GHG) emissions of MHP amounted to 801,558 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 MHP increased by 1.73%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of MHP were 578,534 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, MHP's Scope 1 emissions have increased by 5.24%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), MHP's Scope 1 emissions increased by 3.26%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, MHP reported Scope 2 greenhouse gas (GHG) emissions of 223,024 tCO₂e using the location-based method.a
Since 2022, MHP's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that MHP's emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year (2023), MHP's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that MHP's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, MHP reported its Scope 2 emissions using the location-based method.a
In 2024, MHP reported Scope 1 greenhouse gas (GHG) emissions of 578,534 tCO₂e and total revenues of USD 3,046 millions. This translates into an emissions intensity of 189.93 tCO₂e per millions USD.a
In 2024, MHP reported a Scope 1 emissions intensity of 189.93 tCO₂e per millions USD. Compared to the peer group median of 47.31, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, MHP ranked 20 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places MHP among the least efficient performers, with one of the highest emissions intensities in its sector.a