Monster
Monster Beverage Corporation, commonly known as Monster, is a leading player in the energy drink industry, headquartered in the United States. Founded in 1935, the company has evolved significantly, with key milestones including its rebranding in the early 2000s that propelled it to the forefront of the market. Monster offers a diverse range of energy drinks, known for their bold flavours and unique formulations that cater to various consumer preferences. The brand has established a strong market position, recognised for its innovative marketing strategies and sponsorships in extreme sports. With a commitment to quality and performance, Monster continues to dominate the energy drink sector, appealing to a wide audience across North America and beyond.
DitchCarbon Score
How does Monster's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Beverage Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Monster's score of 40 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Monster's reported carbon emissions
In 2023, Monster Beverage Corporation reported total carbon emissions of approximately 2,194,000,000 kg CO2e. This figure includes 15,259,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 10,088,000 kg CO2e from Scope 2 emissions, which are indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 2,168,000,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions in the value chain, including purchased goods and services, transportation, and waste. In comparison, in 2022, Monster's total emissions were approximately 1,855,000,000 kg CO2e, indicating a significant increase in emissions year-on-year. The company has committed to near-term climate targets but has not set a net-zero commitment as of now. Their climate strategy is still evolving, with a focus on reducing emissions across all scopes, particularly in Scope 3, which represents the largest portion of their carbon footprint. Monster Beverage Corporation operates within the food and beverage processing sector and is headquartered in the United States. The company is actively working towards enhancing its sustainability practices, although specific reduction targets have not been disclosed.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 4,671,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 4,677,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 4,229,098,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Monster is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
