Minerals Technologies Inc

Common Name
Minerals Technologies
Country
United States
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
3,891
Ticker
MTX
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Minerals Technologies Inc. is a leading global resource and technology-based company that develops, produces, and markets a broad range of specialty mineral, mineral-based, and synthetic mineral produ...

Minerals Technologies's GHG Emissions Data Preview

In 2023, 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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Minerals Technologies’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 Minerals Technologies’s data sources below and access millions more through our Disclosure Search.

a. Minerals Technologies's Sustainability Report 2023
a. Minerals Technologies's Sustainability Report 2023

Insights into Minerals Technologies's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Minerals Technologies amounted to 461,688 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 Minerals Technologies decreased by 9.59%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Minerals Technologies's Scope 1 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e-7%-10%+4%+1%-10%
  • Total Scope 1
  • Year-over-Year Change

What are Minerals Technologies's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Minerals Technologies were 351,590 metric tons of CO₂ equivalent (tCO₂e). a

Has Minerals Technologies reduced its Scope 1 emissions over time?

Since 2018, Minerals Technologies's Scope 1 emissions have decreased by 20.43%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Minerals Technologies's Scope 1 emissions decreased by 9.66%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Minerals Technologies's Scope 2 emissions?

In 2023, Minerals Technologies reported Scope 2 greenhouse gas (GHG) emissions of 110,098 tCO₂e without specifying the calculation method. a

Has Minerals Technologies reduced its Scope 2 emissions over time?

Since 2018, Minerals Technologies's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 28.77%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Minerals Technologies's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Minerals Technologies 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Minerals Technologies use for Scope 2 reporting?

In 2023, Minerals Technologies reported its Scope 2 emissions using an unspecified methodology. a

Minerals Technologies's Scope 2 Emissions Over Time

201820192020202120222023045 k90 k135 k180 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Minerals Technologies's Value Chain Emissions

In 2023, Minerals Technologies reported 5,228,000 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 Minerals Technologies includes a breakdown across 12 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 chain a

Minerals Technologies's Scope 3 Emissions Over Time

202301.5 M3 M4.5 M6 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Minerals Technologies's Scope 3 emissions?

In 2023, Minerals Technologies reported total Scope 3 emissions of 5,228,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 25.23% of these emissions originated from upstream activities such as purchased goods and capital goods, while 74.77% came from downstream activities like product use, distribution, and end-of-life treatment. a

What categories of Scope 3 emissions does Minerals Technologies disclose?

In 2023, Minerals Technologies reported emissions for 12 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.

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

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

  • End-of-Life Treatment of Sold Products (Cat. 12): 3,593,500 tCO₂e (68.74%)
  • Purchased Goods and Services (Cat. 1): 984,400 tCO₂e (18.83%)
  • Use of Sold Products (Cat. 11): 290,800 tCO₂e (5.56%)

Minerals Technologies's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(18.8%)Use of Sold Products(Cat. 11)(5.6%)End-of-LifeTreatment of SoldProducts (Cat. 12)(68.7%)

Insights into Minerals Technologies’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Minerals Technologies reported Scope 1 greenhouse gas (GHG) emissions of 351,590 tCO₂e and total revenues of USD 2,170 millions. This translates into an emissions intensity of 162.03 tCO₂e per millions USD. a

Minerals Technologies's Scope 1 Emissions Intensity Compared to Peers

1005,000100,0002,000,000100,000,000Scope 1 Emissions (tCO2e)2005002,00010,00050,000Revenues (Millions of USD)Koppers HoldingsYear: 2024Scope 1: 341,773 tCO2eRevenue: $M 2,092Scope 1 Intensity: 163.36 tCO2e/$MElement SolutionsYear: 2024Scope 1: 11,115 tCO2eRevenue: $M 2,457Scope 1 Intensity: 4.52 tCO2e/$MEastman ChemicalYear: 2023Scope 1: 5,526,585 tCO2eRevenue: $M 9,210Scope 1 Intensity: 600.06 tCO2e/$MWD-40Year: 2023Scope 1: 418 tCO2eRevenue: $M 537Scope 1 Intensity: 0.78 tCO2e/$MDupont De NemoursYear: 2023Scope 1: 739,337 tCO2eRevenue: $M 12,068Scope 1 Intensity: 61.26 tCO2e/$MPPG IndustriesYear: 2023Scope 1: 420,000 tCO2eRevenue: $M 18,246Scope 1 Intensity: 23.02 tCO2e/$MSensient TechnologiesYear: 2024Scope 1: 163,544 tCO2eRevenue: $M 1,557Scope 1 Intensity: 105.02 tCO2e/$MAir Products and ChemicalsYear: 2023Scope 1: 16,400,000 tCO2eRevenue: $M 12,600Scope 1 Intensity: 1,301.59 tCO2e/$MIngevityYear: 2021Scope 1: 252,925 tCO2eRevenue: $M 1,391Scope 1 Intensity: 181.76 tCO2e/$MAlbemarleYear: 2024Scope 1: 753,000 tCO2eRevenue: $M 5,378Scope 1 Intensity: 140.03 tCO2e/$MCabotYear: 2023Scope 1: 3,700,000 tCO2eRevenue: $M 3,931Scope 1 Intensity: 941.24 tCO2e/$MSherwin-WilliamsYear: 2024Scope 1: 439,037 tCO2eRevenue: $M 23,098Scope 1 Intensity: 19.01 tCO2e/$MEcolabYear: 2024Scope 1: 270,090 tCO2eRevenue: $M 15,741Scope 1 Intensity: 17.16 tCO2e/$MInnospecYear: 2023Scope 1: 53,899 tCO2eRevenue: $M 1,949Scope 1 Intensity: 27.66 tCO2e/$MChemoursYear: 2023Scope 1: 3,572,000 tCO2eRevenue: $M 6,027Scope 1 Intensity: 592.67 tCO2e/$MHawkinsYear: 2023Scope 1: 34,033 tCO2eRevenue: $M 935Scope 1 Intensity: 36.40 tCO2e/$MQuaker ChemicalYear: 2023Scope 1: 25,000 tCO2eRevenue: $M 1,953Scope 1 Intensity: 12.80 tCO2e/$MH.B. FullerYear: 2019Scope 1: 77,629 tCO2eRevenue: $M 2,897Scope 1 Intensity: 26.80 tCO2e/$MAvientYear: 2023Scope 1: 33,384 tCO2eRevenue: $M 3,143Scope 1 Intensity: 10.62 tCO2e/$MWestlakeYear: 2022Scope 1: 6,382,917 tCO2eRevenue: $M 15,794Scope 1 Intensity: 404.14 tCO2e/$MBalchemYear: 2023Scope 1: 46,981 tCO2eRevenue: $M 922Scope 1 Intensity: 50.93 tCO2e/$MStepanYear: 2023Scope 1: 184,050 tCO2eRevenue: $M 2,326Scope 1 Intensity: 79.14 tCO2e/$MScotts Miracle-GroYear: 2023Scope 1: 105,661 tCO2eRevenue: $M 3,551Scope 1 Intensity: 29.75 tCO2e/$MIFFYear: 2023Scope 1: 694,072 tCO2eRevenue: $M 11,479Scope 1 Intensity: 60.46 tCO2e/$MAshland IncYear: 2021Scope 1: 332,256 tCO2eRevenue: $M 2,111Scope 1 Intensity: 157.39 tCO2e/$MMinerals TechnologiesYear: 2023Scope 1: 351,590 tCO2eRevenue: $M 2,170Scope 1 Intensity: 162.03 tCO2e/$M

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

In 2023, Minerals Technologies reported a Scope 1 emissions intensity of 162.03 tCO₂e per millions USD. Compared to the peer group median of 60.46 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Minerals Technologies rank on GHG emissions intensity within its industry?

In 2023, Minerals Technologies ranked 19 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

Insights into Minerals Technologies's Total Carbon Footprint

In 2023, Minerals Technologies reported a total carbon footprint of 5,689,688 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1,014.17% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Minerals Technologies's total carbon footprint was Scope 3 emissions, accounting for 91.89% of the company's total carbon footprint, followed by Scope 1 emissions at 6.18%. a

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