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MINISO Group Holding Ltd
MINISO Group Holding's GHG Emissions Data Preview
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 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | 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.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Verified Sources Behind MINISO Group Holding’s Greenhouse Gas (GHG) Emissions Data
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Insights into MINISO Group Holding's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofMINISO Group Holding amounted to7,704metric 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 Holdingincreased by 41.47%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
MINISO Group Holding's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are MINISO Group Holding's Scope 1 emissions?
In 2024, the total Scope 1 emissions of MINISO Group Holding were 211 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has MINISO Group Holding reduced its Scope 1 emissions over time?
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
What are MINISO Group Holding's Scope 2 emissions?
In 2024, MINISO Group Holding reported Scope 2 greenhouse gas (GHG) emissions of 7,493 tCOâ‚‚e without specifying the calculation method.a
Has MINISO Group Holding reduced its Scope 2 emissions over time?
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
What methodology does MINISO Group Holding use for Scope 2 reporting?
In 2024, MINISO Group Holding reported its Scope 2 emissions using an unspecified methodology.a
MINISO Group Holding's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into MINISO Group Holding's Value Chain Emissions
In 2024, MINISO Group Holding reported 3,631 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 MINISO Group Holding includes a breakdown across 1of 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
MINISO Group Holding's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are MINISO Group Holding's Scope 3 emissions?
In 2024, MINISO Group Holding reported total Scope 3 emissions of 3,631 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 MINISO Group Holding disclose?
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.
What are the main sources of MINISO Group Holding's Scope 3 emissions?
In 2024, the largest contributors to MINISO Group Holding's Scope 3 emissions were:a
- Business Travel (Cat. 6): 3,631 tCOâ‚‚e(100%)
MINISO Group Holding's Scope 3 Emissions by Categories
Insights into MINISO Group Holding’s GHG Emissions Intensity Compared to Industry Peers
In 2024, MINISO Group Holding reported Scope 1 greenhouse gas (GHG) emissions of 211 tCOâ‚‚e and total revenues of USD 2,542 millions. This translates into an emissions intensity of 0.08 tCOâ‚‚e per millions USD.a
MINISO Group Holding's Scope 1 Emissions Intensity Compared to Peers
How does MINISO Group Holding's GHG emissions intensity compare to its peers?
In 2024, MINISO Group Holding reported a Scope 1 emissions intensity of 0.08 tCOâ‚‚e per millions USD. Compared to the peer group median of 3.04, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does MINISO Group Holding rank on GHG emissions intensity within its industry?
In 2024, MINISO Group Holding ranked 2 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places MINISO Group Holding among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into MINISO Group Holding's Total Carbon Footprint
In 2024, MINISO Group Holding reported a total carbon footprint of 11,335 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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