Marel Sustainability Profile
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.
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.
Industry Benchmark
Marel's score of 48 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Marel's reported carbon emissions
In 2023, Marel reported total carbon emissions of approximately 371,744,000 kg CO2e, with emissions distributed across various scopes: 8,367,000 kg CO2e (Scope 1), 3,813,000 kg CO2e (Scope 2), and a significant 359,563,000 kg CO2e (Scope 3). This represents a decrease from 2022, where total emissions were about 393,452,000 kg CO2e, with Scope 1 at 7,314,000 kg CO2e, Scope 2 at 4,250,000 kg CO2e, and Scope 3 at 381,888,000 kg CO2e. Marel has set ambitious climate commitments, aiming for net-zero emissions by 2040. Additionally, they have established near-term targets to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030 from a 2021 baseline, and to cut Scope 3 emissions by 25% over the same period. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to significant reductions across all scopes. The company’s emissions data is cascaded from its parent organization, Marel hf., ensuring consistency in reporting and accountability. Marel's ongoing efforts to reduce emissions demonstrate a proactive approach to addressing climate change within the food processing industry.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| 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 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Marel's Industry?
How Carbon Intensive is Marel's Location?
Marel's Scope 3 Categories Breakdown
Marel's Scope 3 emissions, which decreased by 6% last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 69% of Scope 3 emissions.
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Marel's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Marel has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
