In 2024, Minerals Technologies 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).
Minerals Technologies 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 302,029a | 351,590a | 389,195a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 99,066a | 110,096a | 121,414a | |
Total Scope 3 | 3,633,666a | 5,228,000b | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 142.5674a | 162.0305a | 183.1075a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Minerals Technologies amounted to 401,095 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 Minerals Technologies decreased by 13.12%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Minerals Technologies were 302,029 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Minerals Technologies's Scope 1 emissions have decreased by 26.76%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Minerals Technologies's Scope 1 emissions decreased by 14.1%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Minerals Technologies reported Scope 2 greenhouse gas (GHG) emissions of 99,066 tCO₂e without specifying the calculation method.a
Since 2019, Minerals Technologies's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 39.66%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Minerals Technologies's Scope 2 emissions (Unspecified Calculation Method) fell by 10.02% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Minerals Technologies reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Minerals Technologies reported 3,633,666 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 Minerals Technologies includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, down from 12 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
In 2024, Minerals Technologies reported total Scope 3 emissions of 3,633,666 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 39.65% of these emissions originated from upstream activities such as purchased goods and capital goods, while 60.35% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Minerals Technologies's Scope 3 emissions decreased by 30.5%, highlighting the company's efforts to lower indirect emissions from its value chain.ab
In 2024, Minerals Technologies reported emissions for 11 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.
In 2024, the largest contributors to Minerals Technologies's Scope 3 emissions were:a
In 2024, Minerals Technologies reported Scope 1 greenhouse gas (GHG) emissions of 302,029 tCO₂e and total revenues of USD 2,118 millions. This translates into an emissions intensity of 142.57 tCO₂e per millions USD.a
In 2024, Minerals Technologies reported a Scope 1 emissions intensity of 142.57 tCO₂e per millions USD. Compared to the peer group median of 50.93, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Minerals Technologies ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Minerals Technologies is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Minerals Technologies reported a total carbon footprint of 4,034,761 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 29.09% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Minerals Technologies's total carbon footprint was Scope 3 emissions, accounting for 90.06% of the company's total carbon footprint, followed by Scope 1 emissions at 7.49%.a