Public Profile

Marel

Marel, a leading global provider of advanced food processing solutions, is headquartered in Iceland (IS) and operates extensively across Europe, North America, and Asia. Founded in 1983, Marel has established itself as a pioneer in the food industry, focusing on innovative technologies for the meat, poultry, and fish sectors. The company offers a comprehensive range of products and services, including processing equipment, software solutions, and integrated systems that enhance efficiency and sustainability. Marel's commitment to innovation is evident in its unique offerings, which are designed to meet the evolving needs of food processors worldwide. With a strong market position, Marel has achieved significant milestones, including numerous awards for its cutting-edge technology and contributions to food safety. As a trusted partner in the food processing industry, Marel continues to drive advancements that shape the future of food production.

DitchCarbon Score

How does Marel'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.

35

Industry Average

Mean score of companies in the Machinery and Equipment 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.

1

Industry Benchmark

Marel's score of 35 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Marel's reported carbon emissions

In 2023, Marel reported total carbon emissions of approximately 371,744,000 kg CO2e. This figure includes 8,367,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 3,813,000 kg CO2e from Scope 2 emissions, related to indirect emissions from purchased electricity and heat. The majority of their emissions, about 359,563,000 kg CO2e, fall under Scope 3, which includes emissions from the use of sold products, business travel, and other indirect sources. Marel has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as the baseline year. Additionally, they plan to cut Scope 3 emissions by 25% during the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Overall, Marel's proactive approach to managing carbon emissions reflects its commitment to sustainability and climate responsibility, positioning the company as a leader in the software and services sector in Iceland.

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20192020202120222023
Scope 1
5,857,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
4,538,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
12,313,000
0,000,000
0,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Marel's primary industry is Machinery and equipment n.e.c. (29), which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Marel is headquartered in IS, which we do not have grid emissions data for.

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.

Marel is committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers