In 2024, Morgan Advanced Materials 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).
Morgan Advanced Materials 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 | 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 | ||||
Market-Based | 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 |
Location-Based | 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 of Morgan Advanced Materials amounted to 260,983 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 Morgan Advanced Materials increased by 65.63%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2024, the total Scope 1 emissions of Morgan Advanced Materials were 111,011 metric tons of CO₂ equivalent (tCO₂e). a
Since 2020, Morgan Advanced Materials's Scope 1 emissions have decreased by 4.75%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), Morgan Advanced Materials's Scope 1 emissions remained relatively stable, indicating that Morgan Advanced Materials's emissions have plateaued with no significant change in its operational footprint. a
In 2024, Morgan Advanced Materials reported Scope 2 greenhouse gas (GHG) emissions of 41,860 tCO₂e using the market-based method and 149,972 tCO₂e using the location-based method. a
In 2024, Morgan Advanced Materials reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Morgan Advanced Materials reported 369,857 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 Morgan Advanced Materials includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, down from 11 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a
In 2024, Morgan Advanced Materials reported total Scope 3 emissions of 369,857 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 99.96% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.04% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2020, Morgan Advanced Materials's Scope 3 emissions have decreased by 48.16%, reflecting a declining long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2023), Morgan Advanced Materials's Scope 3 emissions decreased by 54.3%, highlighting the company's efforts to lower indirect emissions from its value chain. a
In 2024, Morgan Advanced Materials reported emissions for 10 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.
In 2024, the largest contributors to Morgan Advanced Materials's Scope 3 emissions were: a
In 2024, Morgan Advanced Materials reported Scope 1 greenhouse gas (GHG) emissions of 111,011 tCO₂e and total revenues of USD 1,381 millions. This translates into an emissions intensity of 80.37 tCO₂e per millions USD. a
In 2024, Morgan Advanced Materials reported a Scope 1 emissions intensity of 80.37 tCO₂e per millions USD. Compared to the peer group median of 4.88 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, Morgan Advanced Materials ranked 26 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Morgan Advanced Materials among the least efficient performers, with one of the highest emissions intensities in its sector. a
In 2024, Morgan Advanced Materials reported a total carbon footprint of 630,840 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 34.76% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Morgan Advanced Materials's total carbon footprint was Scope 3 emissions, accounting for 58.63% of the company's total carbon footprint, followed by Scope 2 emissions at 23.77%. a