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.
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.
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.
Monster's score of 28 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Monster Beverage Corporation reported total carbon emissions of approximately 21,734,520 kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions were about 15,259,000 kg CO2e, while Scope 2 emissions totalled approximately 10,134,000 kg CO2e (location-based). The company's Scope 3 emissions amounted to around 2,173,452,000 kg CO2e, with significant contributions from purchased goods and services (approximately 1,390,770,000 kg CO2e) and business travel (about 26,709,000 kg CO2e). In 2022, Monster's total emissions were approximately 18,377,000 kg CO2e for Scope 1 and 8,300,000 kg CO2e for Scope 2, with Scope 3 emissions reaching about 1,854,377,000 kg CO2e. The previous year, 2021, saw total emissions of around 4,238,446,000 kg CO2e, with Scope 1 and 2 emissions combined at approximately 9,348,000 kg CO2e. Monster has committed to near-term climate targets, although specific reduction targets have not been disclosed. The company is actively working towards improving its sustainability practices within the food and beverage processing sector, but it has not yet committed to a net-zero target.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 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.