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Middleby Corp

Common Name
Middleby
Country
United States
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
10,616
Ticker
MIDD
Exchange
NASDAQ/NGS
Description
Middleby Corporation is a leading manufacturer and supplier of innovative kitchen equipment for commercial and residential use. Known for their advanced technology integration, Middleby serves key ind...

Middleby's GHG Emissions Data Preview

In 2023, Middleby 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).

Middleby has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Location-Based
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Middleby’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 Middleby’s data sources below and access millions more through our Disclosure Search.

a. Middleby's Sustainability Report 2024
a. Middleby's Sustainability Report 2024

Insights into Middleby's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofMiddleby amounted to116,449metric 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 Middlebyincreased by 16.04%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Middleby's Scope 1 Emissions Over Time

20192020202120222023025 k50 k75 k100 ktCO2e+236%+7%+324%+20%
  • Total Scope 1
  • Year-over-Year Change

What are Middleby's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Middleby were 89,986 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Middleby reduced its Scope 1 emissions over time?

Since 2019, Middleby's Scope 1 emissions have increased by 1,723.42%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2022), Middleby's Scope 1 emissions increased by 19.61%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Middleby's Scope 2 emissions?

In 2023, Middleby reported Scope 2 greenhouse gas (GHG) emissions of 26,463 tCOâ‚‚e using the location-based method.a

Has Middleby reduced its Scope 2 emissions over time?

Since 2019, Middleby's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 92.94%, reflecting a rising long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2022), Middleby's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Middleby's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Middleby use for Scope 2 reporting?

In 2023, Middleby reported its Scope 2 emissions using the location-based method.a

Middleby's Scope 2 Emissions Over Time

2019202020212022202307.5 k15 k22.5 k30 ktCO2e
  • Total Scope 2 Location-Based

Insights into Middleby's Value Chain Emissions

In 2023, Middleby reported 3,570 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2023 disclosure of Middleby includes a breakdown across 2of 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

Middleby's Scope 3 Emissions Over Time

202309001.8 k2.7 k3.6 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Middleby's Scope 3 emissions?

In 2023, Middleby reported total Scope 3 emissions of 3,570 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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

What categories of Scope 3 emissions does Middleby disclose?

In 2023, Middleby reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Middleby's Scope 3 emissions?

In 2023, the largest contributors to Middleby's Scope 3 emissions were:a

  • Waste Generated in Operations (Cat. 5): 3,210 tCOâ‚‚e(89.92%)
  • Capital Goods (Cat. 2): 360 tCOâ‚‚e(10.08%)

Middleby's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(10.1%)Waste Generated inOperations (Cat. 5)(89.9%)

Insights into Middleby’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Middleby reported Scope 1 greenhouse gas (GHG) emissions of 89,986 tCOâ‚‚e and total revenues of USD 4,037 millions. This translates into an emissions intensity of 22.29 tCOâ‚‚e per millions USD.a

Middleby's Scope 1 Emissions Intensity Compared to Peers

1,0005,00050,000200,0001,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)HSWatts Water TechnologiesYear: 2024Scope 1: 10,712 tCO2eRevenue: $M 2,252Scope 1 Intensity: 4.76 tCO2e/$MHHHillenbrand IncYear: 2024Scope 1: 7,938 tCO2eRevenue: $M 3,183Scope 1 Intensity: 2.49 tCO2e/$MJBT MarelYear: 2024Scope 1: 17,894 tCO2eRevenue: $M 1,716Scope 1 Intensity: 10.43 tCO2e/$MOtis WorldwideYear: 2024Scope 1: 120,275 tCO2eRevenue: $M 14,261Scope 1 Intensity: 8.43 tCO2e/$MParker-HannifinYear: 2024Scope 1: 128,862 tCO2eRevenue: $M 19,929Scope 1 Intensity: 6.47 tCO2e/$MEnproYear: 2024Scope 1: 11,394 tCO2eRevenue: $M 1,049Scope 1 Intensity: 10.86 tCO2e/$MRegal RexnordYear: 2024Scope 1: 61,149 tCO2eRevenue: $M 6,034Scope 1 Intensity: 10.13 tCO2e/$MKadantYear: 2024Scope 1: 30,384 tCO2eRevenue: $M 1,053Scope 1 Intensity: 28.84 tCO2e/$MAMETEKYear: 2024Scope 1: 29,700 tCO2eRevenue: $M 6,941Scope 1 Intensity: 4.28 tCO2e/$MGates IndustrialYear: 2024Scope 1: 106,200 tCO2eRevenue: $M 3,408Scope 1 Intensity: 31.16 tCO2e/$MIDEXYear: 2024Scope 1: 17,116 tCO2eRevenue: $M 3,269Scope 1 Intensity: 5.24 tCO2e/$MXylemYear: 2024Scope 1: 73,943 tCO2eRevenue: $M 8,562Scope 1 Intensity: 8.64 tCO2e/$MITTYear: 2024Scope 1: 19,052 tCO2eRevenue: $M 3,631Scope 1 Intensity: 5.25 tCO2e/$MMueller Water ProductsYear: 2024Scope 1: 23,312 tCO2eRevenue: $M 1,315Scope 1 Intensity: 17.73 tCO2e/$MIllinois Tool WorksYear: 2024Scope 1: 129,526 tCO2eRevenue: $M 15,898Scope 1 Intensity: 8.15 tCO2e/$MGenerac HoldingsYear: 2024Scope 1: 30,367 tCO2eRevenue: $M 4,296Scope 1 Intensity: 7.07 tCO2e/$MCumminsYear: 2024Scope 1: 347,439 tCO2eRevenue: $M 34,102Scope 1 Intensity: 10.19 tCO2e/$MIngersoll Rand IncYear: 2024Scope 1: 38,932 tCO2eRevenue: $M 7,235Scope 1 Intensity: 5.38 tCO2e/$MDonaldsonYear: 2024Scope 1: 23,536 tCO2eRevenue: $M 3,586Scope 1 Intensity: 6.56 tCO2e/$MGracoYear: 2024Scope 1: 15,131 tCO2eRevenue: $M 2,113Scope 1 Intensity: 7.16 tCO2e/$MNordsonYear: 2024Scope 1: 5,668 tCO2eRevenue: $M 2,690Scope 1 Intensity: 2.11 tCO2e/$MRockwell AutomationYear: 2024Scope 1: 26,604 tCO2eRevenue: $M 8,264Scope 1 Intensity: 3.22 tCO2e/$MSSStandex InternationalYear: 2024Scope 1: 87,170 tCO2eRevenue: $M 721Scope 1 Intensity: 120.96 tCO2e/$MGE VernovaYear: 2024Scope 1: 226,811 tCO2eRevenue: $M 34,935Scope 1 Intensity: 6.49 tCO2e/$MMiddlebyYear: 2023Scope 1: 89,986 tCO2eRevenue: $M 4,037Scope 1 Intensity: 22.29 tCO2e/$M

How does Middleby's GHG emissions intensity compare to its peers?

In 2023, Middleby reported a Scope 1 emissions intensity of 22.29 tCOâ‚‚e per millions USD. Compared to the peer group median of 7.11, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Middleby rank on GHG emissions intensity within its industry?

In 2023, Middleby ranked 22 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Middleby among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Middleby's Total Carbon Footprint

In 2023, Middleby reported a total carbon footprint of 120,019 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.6% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Middleby's total carbon footprint was Scope 1 emissions, accounting for 74.98% of the company's total carbon footprint, followed by Scope 2 emissions at 22.05%.a

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