Munters Group AB

Common Name
Munters Group
Country
Sweden
Sector
Industrials
Industry
Pollution & Treatment Controls
Employees
5,017
Ticker
MTRS
Exchange
NASDAQ STOCKHOLM AB
Description
Munters Group AB is a Swedish industrial company specializing in advanced climate control solutions for mission-critical applications across a broad spectrum of industries. The company develops and su...

Munters Group's GHG Emissions Data Preview

In 2024, Munters Group 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).

Munters Group 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)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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b
0000000
Location-Based
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b
0000000
Total Scope 3
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Munters Group’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 Munters Group’s data sources below and access millions more through our Disclosure Search.

a. Munters Group's Annual Report 2024
a. Munters Group's Annual Report 2024
b. Munters Group's Annual Report 2023
b. Munters Group's Annual Report 2023

Insights into Munters Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Munters Group amounted to 24,000 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 Munters Group increased by 8.12%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Munters Group's Scope 1 Emissions Over Time

20222023202402 k4 k6 k8 ktCO2e-8%+11%
  • Total Scope 1
  • Year-over-Year Change

What are Munters Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Munters Group were 8,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Munters Group reduced its Scope 1 emissions over time?

Since 2022, Munters Group's Scope 1 emissions have increased by 2.63%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Munters Group's Scope 1 emissions increased by 11.14%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are Munters Group's Scope 2 emissions?

In 2024, Munters Group reported Scope 2 greenhouse gas (GHG) emissions of 7,000 tCO₂e using the market-based method and 16,000 tCO₂e using the location-based method. a

Has Munters Group reduced its Scope 2 emissions over time?

Since 2022, Munters Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 20.08%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Munters Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Munters Group 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Munters Group use for Scope 2 reporting?

In 2024, Munters Group reported its Scope 2 emissions using the market-based method and using the location-based method. a

Munters Group's Scope 2 Emissions Over Time

20222023202404 k8 k12 k16 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Munters Group's Value Chain Emissions

In 2024, Munters Group reported 20,000,000 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 Munters Group includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Munters Group's Scope 3 Emissions Over Time

20222023202405 M10 M15 M20 MtCO2e+43%+209%
  • Total Scope 3
  • Year-over-Year Change

What are Munters Group's Scope 3 emissions?

In 2024, Munters Group reported total Scope 3 emissions of 20,000,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 2.19% of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.81% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Munters Group reduced its Scope 3 emissions over time?

Since 2022, Munters Group's Scope 3 emissions have increased by 342.16%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Munters Group's Scope 3 emissions increased by 208.64%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does Munters Group disclose?

In 2024, Munters Group reported emissions for 5 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 Munters Group's Scope 3 emissions?

In 2024, the largest contributors to Munters Group's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 19,500,000 tCO₂e (97.81%)
  • Purchased Goods and Services (Cat. 1): 411,000 tCO₂e (2.06%)
  • Upstream Transportation and Distribution (Cat. 4): 20,000 tCO₂e (0.1%)

Munters Group's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(97.8%)Purchased Goods andServices (Cat. 1)(2.1%)

Insights into Munters Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Munters Group reported Scope 1 greenhouse gas (GHG) emissions of 8,000 tCO₂e and total revenues of USD 1,402 millions. This translates into an emissions intensity of 5.71 tCO₂e per millions USD. a

Munters Group's Scope 1 Emissions Intensity Compared to Peers

1001,00010,000100,000500,000Scope 1 Emissions (tCO2e)202001,0005,00020,000Revenues (Millions of USD)AAlligoYear: 2024Scope 1: 2,102 tCO2eRevenue: $M 847Scope 1 Intensity: 2.48 tCO2e/$MNCCYear: 2023Scope 1: 126,000 tCO2eRevenue: $M 5,643Scope 1 Intensity: 22.33 tCO2e/$MAAAbsolent Air Care GroupYear: 2024Scope 1: 469 tCO2eRevenue: $M 127Scope 1 Intensity: 3.69 tCO2e/$MBufabYear: 2023Scope 1: 2,132 tCO2eRevenue: $M 860Scope 1 Intensity: 2.48 tCO2e/$MLoomisYear: 2023Scope 1: 134,139 tCO2eRevenue: $M 2,845Scope 1 Intensity: 47.14 tCO2e/$MAfryYear: 2024Scope 1: 340 tCO2eRevenue: $M 2,464Scope 1 Intensity: 0.14 tCO2e/$MLindab InternationalYear: 2024Scope 1: 6,808 tCO2eRevenue: $M 1,209Scope 1 Intensity: 5.63 tCO2e/$MNederman HoldingYear: 2023Scope 1: 807 tCO2eRevenue: $M 613Scope 1 Intensity: 1.32 tCO2e/$MLagercrantz GroupYear: 2024Scope 1: 2,420 tCO2eRevenue: $M 763Scope 1 Intensity: 3.17 tCO2e/$MAlimak GroupYear: 2024Scope 1: 4,642 tCO2eRevenue: $M 644Scope 1 Intensity: 7.21 tCO2e/$MStockwik ForvaltningYear: 2024Scope 1: 651 tCO2eRevenue: $M 77Scope 1 Intensity: 8.43 tCO2e/$MFasadgruppen GroupYear: 2024Scope 1: 4,024 tCO2eRevenue: $M 447Scope 1 Intensity: 9.00 tCO2e/$MRejlersYear: 2024Scope 1: 316 tCO2eRevenue: $M 402Scope 1 Intensity: 0.79 tCO2e/$MElectrolux ProfessionalYear: 2023Scope 1: 2,000 tCO2eRevenue: $M 1,174Scope 1 Intensity: 1.70 tCO2e/$MSdiptechYear: 2024Scope 1: 4,974 tCO2eRevenue: $M 469Scope 1 Intensity: 10.61 tCO2e/$MHusqvarnaYear: 2024Scope 1: 14,217 tCO2eRevenue: $M 4,388Scope 1 Intensity: 3.24 tCO2e/$MSKFYear: 2024Scope 1: 45,853 tCO2eRevenue: $M 8,958Scope 1 Intensity: 5.12 tCO2e/$MInstalcoYear: 2024Scope 1: 10,204 tCO2eRevenue: $M 1,242Scope 1 Intensity: 8.21 tCO2e/$MPeabYear: 2022Scope 1: 216,000 tCO2eRevenue: $M 5,937Scope 1 Intensity: 36.38 tCO2e/$MMycronicYear: 2024Scope 1: 497 tCO2eRevenue: $M 640Scope 1 Intensity: 0.78 tCO2e/$MNibe IndustrierYear: 2024Scope 1: 29,977 tCO2eRevenue: $M 3,677Scope 1 Intensity: 8.15 tCO2e/$MMunters GroupYear: 2024Scope 1: 8,000 tCO2eRevenue: $M 1,402Scope 1 Intensity: 5.71 tCO2e/$M

How does Munters Group's GHG emissions intensity compare to its peers?

In 2024, Munters Group reported a Scope 1 emissions intensity of 5.71 tCO₂e per millions USD. Compared to the peer group median of 5.12 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Munters Group rank on GHG emissions intensity within its industry?

In 2024, Munters Group ranked 13 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Munters Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Munters Group's Total Carbon Footprint

In 2024, Munters Group reported a total carbon footprint of 20,024,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 207.96% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Munters Group's total carbon footprint was Scope 3 emissions, accounting for 99.88% of the company's total carbon footprint, followed by Scope 2 emissions at 0.08%. a

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