Monster Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Monster's score of 46 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Monster's reported carbon emissions
In 2023, Monster Beverage Corporation reported total carbon emissions of approximately 2,194,000,000 kg CO2e. This figure includes Scope 1 emissions of about 15,259,000 kg CO2e, Scope 2 emissions of approximately 10,088,000 kg CO2e (market-based), and significant Scope 3 emissions totalling around 2,173,452,000 kg CO2e. The Scope 3 emissions breakdown reveals substantial contributions from purchased goods and services (about 1,390,770,000 kg CO2e) and downstream transportation and distribution (approximately 252,159,000 kg CO2e). Monster has committed to setting near-term greenhouse gas (GHG) emissions reduction targets for both Scope 1 and Scope 2 by 2026, as part of its commitment to the Science Based Targets initiative (SBTi). This initiative aims to align corporate emissions reductions with climate science, although specific percentage reduction targets have not yet been disclosed. The company has shown a proactive approach to climate commitments, with a focus on transparency and accountability in its emissions reporting. As of now, Monster Beverage Corporation has not declared a net-zero target but remains committed to reducing its emissions footprint in the near term.
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| 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 |
How Carbon Intensive is Monster's Industry?
How Carbon Intensive is Monster's Location?
Monster's Scope 3 Categories Breakdown
Monster's Scope 3 emissions, which increased by 17% last year and decreased by approximately 49% since 2021, 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 "Purchased Goods and Services" being the largest emissions source at 64% of Scope 3 emissions.
Top Scope 3 Categories
Monster'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.
Monster 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.
Frequently Asked Questions
Common questions about Monster's sustainability data and climate commitments