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In 2024, Minerva 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).
Minerva has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofMinerva amounted to517,370.98metric 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 Minervaincreased by 31.16%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Minerva were 445,204.03 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2021, Minerva's Scope 1 emissions have increased by 57.24%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Minerva's Scope 1 emissions increased by 31.74%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Minerva reported Scope 2 greenhouse gas (GHG) emissions of 72,166.95 tCOâ‚‚e using the location-based method.a
Since 2021, Minerva's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 35.92%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Minerva's Scope 2 emissions(Location-Based) rose by 27.65% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Minerva reported its Scope 2 emissions using the location-based method.a
In 2024, Minerva reported 25,711,072.92 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 2024 disclosure of Minerva includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Minerva reported total Scope 3 emissions of 25,711,072.92 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 99.52%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.48%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, Minerva's Scope 3 emissionshave increased by 53.39%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Minerva's Scope 3 emissions increased by 19.8%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Minerva reported emissions for 9 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 2024, the largest contributors to Minerva's Scope 3 emissions were:a
In 2024, Minerva reported Scope 1 greenhouse gas (GHG) emissions of 445,204.03 tCOâ‚‚e and total revenues of USD 5,515 millions. This translates into an emissions intensity of 80.73 tCOâ‚‚e per millions USD.a
In 2024, Minerva reported a Scope 1 emissions intensity of 80.73 tCOâ‚‚e per millions USD. Compared to the peer group median of 81.66, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Minerva ranked 12 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Minerva is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Minerva reported a total carbon footprint of 26,228,443.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.01% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Minerva's total carbon footprint was Scope 3 emissions, accounting for 98.03% of the company's total carbon footprint, followed by Scope 1 emissions at 1.7%.a