In 2023, MLP 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).
MLP has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,829.4a | 1,988.9a | 2,968.7b | |
Total Scope 2 | ||||
Market-Based | 1,144.3a | 1,231.2a | 1,221b | |
Location-Based | N/A | N/A | N/A | |
Total Scope 3 | 9,353.2a | 9,294a | 12,201.7b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.709a | 2.0024a | 2.8407b |
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In 2023, the total operational greenhouse gas (GHG) emissions of MLP amounted to 2,973.7 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 MLP decreased by 7.65%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of MLP were 1,829.4 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, MLP's Scope 1 emissions have increased by 29.88%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2022), MLP's Scope 1 emissions decreased by 8.02%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, MLP reported Scope 2 greenhouse gas (GHG) emissions of 1,144.3 tCO₂e using the market-based method.a
Compared to the previous year (2022), MLP's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that MLP's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, MLP reported its Scope 2 emissions using the market-based method.a
In 2023, MLP reported 9,353.2 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 MLP includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2023, MLP reported total Scope 3 emissions of 9,353.2 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.99% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.01% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, MLP's Scope 3 emissions have increased by 220.05%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2022), MLP's Scope 3 emissions remained relatively stable, indicating that MLP's emissions have plateaued with no significant change in its value chain footprint.a
In 2023, MLP reported emissions for 6 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 2023, the largest contributors to MLP's Scope 3 emissions were:a
In 2023, MLP reported Scope 1 greenhouse gas (GHG) emissions of 1,829.4 tCO₂e and total revenues of USD 1,070 millions. This translates into an emissions intensity of 1.71 tCO₂e per millions USD.a
In 2023, MLP reported a Scope 1 emissions intensity of 1.71 tCO₂e per millions USD. Compared to the peer group median of 0.2, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, MLP ranked 18 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places MLP among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2023, MLP reported a total carbon footprint of 12,326.9 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.5% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to MLP's total carbon footprint was Scope 3 emissions, accounting for 75.88% of the company's total carbon footprint, followed by Scope 1 emissions at 14.84%.a