Monster Beverage Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021

By scope: Scope 1: 15.3K tCO2e; Scope 2: 10.1K tCO2e (location-based) 10088 tCO2e (market-based); Scope 3: 2.2M tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

⚡
Renewable Energy
2.8% (solar panels)
of total energy
💧
Water Usage
402.9K m3 (withdrawal) 150687 m3 (consumption)
2023
⚙️
Energy Use
269.8K GJ
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).15.3K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.10.1K tCO2e (location-based) 10088 tCO2e (market-based)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).2.2M tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20214.2M tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water use by 15% at Salt Lake City brewery by 2025

📅 Medium-term

  • Set near-term Scope 1 and 2 GHG emissions reduction target by 2026 (SBTi)

🌱 ESG Focus Areas

Climate ChangeWater StewardshipWaste ReductionDiversity, Equity, and InclusionEmployee Well-beingResponsible PackagingSupply Chain SustainabilityHuman RightsEthics

⚠️ Challenges & Risks +

  • Increased GHG emissions due to acquisitions and expansion, and supply chain complexities
  • Water availability and quality challenges due to climate change
  • Aluminum cans responsible for up to 25% of total Scope 3 emissions
  • Challenges in collecting environmental data from suppliers

📋 Report Information

Reporting Period: 2023
Frameworks: SASB, TCFD, CDP