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In 2024, Momentum Group Ltd 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).
Momentum Group Ltd has also provided a category-level breakdown for 5 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 | ||||
Unspecified Calculation Method | 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 ofMomentum Group Ltd amounted to35,456metric 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 Momentum Group Ltddecreased by 12.58%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Momentum Group Ltd were 2,650 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, Momentum Group Ltd's Scope 1 emissions have increased by 24.06%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Momentum Group Ltd's Scope 1 emissions decreased by 39.72%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Momentum Group Ltd reported Scope 2 greenhouse gas (GHG) emissions of 32,806 tCOâ‚‚e using the location-based method.a
Since 2019, Momentum Group Ltd's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 35.42%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Momentum Group Ltd's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Momentum Group Ltd's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Momentum Group Ltd reported its Scope 2 emissions using the location-based method.a
In 2024, Momentum Group Ltd reported 19,807 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 Momentum Group Ltd includes a breakdown across 4of 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, Momentum Group Ltd reported total Scope 3 emissions of 19,807 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
Since 2019, Momentum Group Ltd's Scope 3 emissionshave remained relatively stable, indicating that Momentum Group Ltd's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), Momentum Group Ltd's Scope 3 emissions remained relatively stable, indicating that Momentum Group Ltd's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Momentum Group Ltd reported emissions for 4 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 Momentum Group Ltd's Scope 3 emissions were:a
In 2024, Momentum Group Ltd reported Scope 1 greenhouse gas (GHG) emissions of 2,650 tCOâ‚‚e and total revenues of USD 6,036 millions. This translates into an emissions intensity of 0.44 tCOâ‚‚e per millions USD.a
In 2024, Momentum Group Ltd reported a Scope 1 emissions intensity of 0.44 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.46, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Momentum Group Ltd ranked 12 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Momentum Group Ltd is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Momentum Group Ltd reported a total carbon footprint of 55,263 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.5% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Momentum Group Ltd's total carbon footprint was Scope 2 emissions, accounting for 59.36% of the company's total carbon footprint, followed by Scope 3 emissions at 35.84%.a