Matthews International Corporation Sustainability Profile
Matthews International Corporation, often referred to simply as Matthews, is a prominent player in the memorialisation and industrial products sectors. Headquartered in the United States, the company operates extensively across North America and has a growing presence in international markets. Founded in 1850, Matthews has established itself as a leader in providing innovative solutions in the memorialisation, branding, and industrial sectors. The company’s core offerings include memorial products, such as headstones and cremation urns, alongside branding solutions like custom signage and promotional products. What sets Matthews apart is its commitment to quality craftsmanship and customer service, ensuring that each product meets the highest standards. With a rich history and a strong market position, Matthews International Corporation continues to achieve notable milestones, reinforcing its reputation as a trusted name in its industry.
DitchCarbon Score
How does Matthews International Corporation'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 Other Services 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
Matthews International Corporation's score of 50 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Matthews International Corporation's reported carbon emissions
In 2024, Matthews International Corporation reported total carbon emissions of approximately 6,983,000 kg CO2e, with Scope 1 emissions at about 853,000 kg CO2e and Scope 2 emissions at approximately 6,130,000 kg CO2e. This marks a slight decrease from 2023, where total emissions were about 7,068,000 kg CO2e, with Scope 1 at approximately 883,000 kg CO2e and Scope 2 at around 6,185,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 30% reduction in Scope 1 and Scope 2 emissions from a 2021 baseline by 2030. Additionally, Matthews is committed to reducing greenhouse gas emissions by 2.5% annually across all scopes until 2030. They are also working towards achieving carbon neutrality across their operations by 2030, with a long-term goal of net-zero emissions by 2050. Matthews International Corporation's emissions data is not cascaded from any parent company, and all reported figures are derived directly from their own disclosures. The company continues to focus on sustainability and reducing its carbon footprint in alignment with industry standards.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 826,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 7,512,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Matthews International Corporation's Industry?
How Carbon Intensive is Matthews International Corporation's Location?
Matthews International Corporation'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.
Matthews International Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
