Modern Times Group MTG AB
Modern Times Group MTG's GHG Emissions Data Preview
In 2024, Modern Times Group MTG 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).
Modern Times Group MTG has also provided a category-level breakdown for 7 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.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 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. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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aVerified Sources Behind Modern Times Group MTG’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 Modern Times Group MTG’s data sources below and access millions more through our Disclosure Search.
Insights into Modern Times Group MTG's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Modern Times Group MTG amounted to 454.9 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 Modern Times Group MTG increased by 32.43%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Modern Times Group MTG's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Modern Times Group MTG's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Modern Times Group MTG were 33.6 metric tons of CO₂ equivalent (tCO₂e). a
What are Modern Times Group MTG's Scope 2 emissions?
In 2024, Modern Times Group MTG reported Scope 2 greenhouse gas (GHG) emissions of 308.4 tCO₂e using the market-based method and 421.3 tCO₂e using the location-based method. a
Has Modern Times Group MTG reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Modern Times Group MTG's Scope 2 emissions (Location-Based) rose by 22.65% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Modern Times Group MTG use for Scope 2 reporting?
In 2024, Modern Times Group MTG reported its Scope 2 emissions using the market-based method and using the location-based method. a
Modern Times Group MTG's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Modern Times Group MTG's Value Chain Emissions
In 2024, Modern Times Group MTG reported 4,250.3 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 Modern Times Group MTG includes a breakdown across 7 of 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
Modern Times Group MTG's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Modern Times Group MTG's Scope 3 emissions?
In 2024, Modern Times Group MTG reported total Scope 3 emissions of 4,250.3 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 33.69% of these emissions originated from upstream activities such as purchased goods and capital goods, while 66.31% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), Modern Times Group MTG's Scope 3 emissions increased by 116.19%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Modern Times Group MTG disclose?
In 2024, Modern Times Group MTG reported emissions for 7 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.
What are the main sources of Modern Times Group MTG's Scope 3 emissions?
In 2024, the largest contributors to Modern Times Group MTG's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 2,818.3 tCO₂e (66.31%)
- Business Travel (Cat. 6): 465.7 tCO₂e (10.96%)
- Capital Goods (Cat. 2): 379.6 tCO₂e (8.93%)
Modern Times Group MTG's Scope 3 Emissions by Categories
Insights into Modern Times Group MTG’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Modern Times Group MTG reported Scope 1 greenhouse gas (GHG) emissions of 33.6 tCO₂e and total revenues of USD 545 millions. This translates into an emissions intensity of 0.06 tCO₂e per millions USD. a
Modern Times Group MTG's Scope 1 Emissions Intensity Compared to Peers
How does Modern Times Group MTG's GHG emissions intensity compare to its peers?
In 2024, Modern Times Group MTG reported a Scope 1 emissions intensity of 0.06 tCO₂e per millions USD. Compared to the peer group median of 0.22 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Modern Times Group MTG rank on GHG emissions intensity within its industry?
In 2024, Modern Times Group MTG ranked 5 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Modern Times Group MTG among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into Modern Times Group MTG's Total Carbon Footprint
In 2024, Modern Times Group MTG reported a total carbon footprint of 4,705.2 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 103.73% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Modern Times Group MTG's total carbon footprint was Scope 3 emissions, accounting for 90.33% of the company's total carbon footprint, followed by Scope 2 emissions at 8.95%. a