Monster Beverage Corp
Monster Beverage's GHG Emissions Data Preview
In 2023, Monster Beverage 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).
Monster Beverage has also provided a category-level breakdown for 11 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Monster Beverage's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Monster Beverage amounted to 25,393 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Monster Beverage increased by 38.18%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Monster Beverage's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Monster Beverage's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Monster Beverage were 15,259 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Monster Beverage reduced its Scope 1 emissions over time?
Since 2020, Monster Beverage's Scope 1 emissions have increased by 263%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Monster Beverage's Scope 1 emissions increased by 51.42%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Monster Beverage's Scope 2 emissions?
In 2023, Monster Beverage reported Scope 2 greenhouse gas (GHG) emissions of 10,134 tCOâ‚‚e using the location-based method.
Has Monster Beverage reduced its Scope 2 emissions over time?
Since 2020, Monster Beverage's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 130.52%, reflecting a rising long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Monster Beverage's Scope 2 emissions (Location-Based) rose by 22.1% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does Monster Beverage use for Scope 2 reporting?
In 2023, Monster Beverage reported its Scope 2 emissions using the location-based method.
Monster Beverage's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Monster Beverage's Value Chain Emissions
In 2023, Monster Beverage reported 2,173,452 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Monster Beverage includes a breakdown across 11 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.
Monster Beverage's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Monster Beverage's Scope 3 emissions?
In 2023, Monster Beverage reported total Scope 3 emissions of 2,173,452 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 85.96% of these emissions originated from upstream activities such as purchased goods and capital goods, while 14.04% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2022), Monster Beverage's Scope 3 emissions increased by 17.21%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does Monster Beverage disclose?
In 2023, Monster Beverage reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Monster Beverage's Scope 3 emissions?
In 2023, the largest contributors to Monster Beverage's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 1,390,770 tCOâ‚‚e (63.99%)
- Downstream Transportation and Distribution (Cat. 9): 252,159 tCOâ‚‚e (11.6%)
- Downstream Leased Assets (Cat. 13): 188,344 tCOâ‚‚e (8.67%)
Monster Beverage's Scope 3 Emissions by Categories
Insights into Monster Beverage's Total Carbon Footprint
In 2023, Monster Beverage reported a total carbon footprint of 2,198,845 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.41% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Monster Beverage's total carbon footprint was Scope 3 emissions, accounting for 98.85% of the company's total carbon footprint, followed by Scope 1 emissions at 0.69%.