Monster Beverage Corp

Common Name
Monster Beverage
Country
United States
Sector
Consumer Defensive
Industry
Beverages - Non-Alcoholic
Employees
5,527
Ticker
MNST
Exchange
NASDAQ/NGS
Description
Monster Beverage Corporation is a prominent company specializing in the creation and distribution of energy drinks. Known for its iconic Monster Energy brand, the corporation produces a diverse array ...

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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Monster Beverage’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 Monster Beverage’s data sources below and access millions more through our Disclosure Search.

a. Monster Beverage's Sustainability Report 2023
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b. Monster Beverage's Sustainability Report 2020
Trace every data point back to Monster Beverage’s disclosures

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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). a

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. a

Monster Beverage's Scope 1 Emissions Over Time

20202022202304 k8 k12 k16 ktCO2e+140%+51%
  • 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 CO₂ equivalent (tCO₂e). a

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. a b

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. a

What are Monster Beverage's Scope 2 emissions?

In 2023, Monster Beverage reported Scope 2 greenhouse gas (GHG) emissions of 10,134 tCO₂e using the location-based method. a

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. a b

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 a

What methodology does Monster Beverage use for Scope 2 reporting?

In 2023, Monster Beverage reported its Scope 2 emissions using the location-based method. a

Monster Beverage's Scope 2 Emissions Over Time

20202022202303 k6 k9 k12 ktCO2e
  • Total Scope 2 Location-Based

Insights into Monster Beverage's Value Chain Emissions

In 2023, Monster Beverage reported 2,173,452 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 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. a

Monster Beverage's Scope 3 Emissions Over Time

202220230550 k1.1 M1.65 M2.2 MtCO2e+17%
  • 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 CO₂ equivalent (tCO₂e). a

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. a

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. a

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. a

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: a

  • Purchased Goods and Services (Cat. 1): 1,390,770 tCO₂e (63.99%)
  • Downstream Transportation and Distribution (Cat. 9): 252,159 tCO₂e (11.6%)
  • Downstream Leased Assets (Cat. 13): 188,344 tCO₂e (8.67%)

Monster Beverage's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(64.0%)DownstreamTransportation andDistribution(Cat. 9)(11.6%)Downstream LeasedAssets (Cat. 13)(8.7%)

Insights into Monster Beverage's Total Carbon Footprint

In 2023, Monster Beverage reported a total carbon footprint of 2,198,845 metric tons of CO₂ equivalent (tCO₂e) 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. a

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%. a

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