Marel

Marel's reported carbon emissions

In 2023, Marel reported total carbon emissions of approximately 371.7 million kg CO2e. This figure includes Scope 1 emissions of about 8.4 million kg CO2e, Scope 2 emissions of approximately 3.8 million kg CO2e, and significant Scope 3 emissions totalling around 359.6 million kg CO2e. The Scope 3 emissions are primarily driven by the use of sold products (approximately 249.1 million kg CO2e) and purchased goods and services (about 103.8 million kg CO2e). Marel has set ambitious climate commitments, aiming for net-zero emissions by 2040. Additionally, the company has established near-term targets to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as the base year. For Scope 3 emissions, Marel aims for a 25% reduction by the same year, focusing on categories such as purchased goods and services, waste generated in operations, business travel, and the use of sold products. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Marel's commitment to addressing climate change through significant emissions reductions across all scopes. The data reported is cascaded from Marel hf., the parent company, ensuring consistency and accountability in their climate strategy.