In 2024, MINISO Group Holding 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).
MINISO Group Holding has also provided a category-level breakdown for 1 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 | 211a | 474.42b | 76.42b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 7,493a | 4,971.14b | 4,322.74b | |
Total Scope 3 | 3,631a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.0906a | 0.2999b | 0.0508b |
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In 2024, the total operational greenhouse gas (GHG) emissions of MINISO Group Holding amounted to 7,704 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 MINISO Group Holding increased by 41.47%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of MINISO Group Holding were 211 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, MINISO Group Holding's Scope 1 emissions have increased by 176.11%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), MINISO Group Holding's Scope 1 emissions decreased by 55.52%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, MINISO Group Holding reported Scope 2 greenhouse gas (GHG) emissions of 7,493 tCO₂e without specifying the calculation method.a
Since 2022, MINISO Group Holding's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 73.34%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), MINISO Group Holding's Scope 2 emissions (Unspecified Calculation Method) rose by 50.73% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
In 2024, MINISO Group Holding reported its Scope 2 emissions using an unspecified methodology.a
In 2024, MINISO Group Holding reported 3,631 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 MINISO Group Holding includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, MINISO Group Holding reported total Scope 3 emissions of 3,631 metric tons of CO₂ equivalent (tCO₂e).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
In 2024, MINISO Group Holding reported emissions for 1 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.
In 2024, the largest contributors to MINISO Group Holding's Scope 3 emissions were:a
In 2024, MINISO Group Holding reported Scope 1 greenhouse gas (GHG) emissions of 211 tCO₂e and total revenues of USD 2,329 millions. This translates into an emissions intensity of 0.09 tCO₂e per millions USD.a
In 2024, MINISO Group Holding reported a Scope 1 emissions intensity of 0.09 tCO₂e per millions USD. Compared to the peer group median of 2.12, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, MINISO Group Holding ranked 3 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places MINISO Group Holding among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, MINISO Group Holding reported a total carbon footprint of 11,335 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 108.15% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to MINISO Group Holding's total carbon footprint was Scope 2 emissions, accounting for 66.1% of the company's total carbon footprint, followed by Scope 3 emissions at 32.03%.a