Monster

Monster Beverage Corporation, headquartered in the US and operating in the beverages industry, is committed to addressing its carbon footprint.

For the year 2023, Monster reported a total of approximately 2.2 billion kg CO2e in Scope 1, 2, and 3 emissions. This included approximately 15.3 million kg CO2e for Scope 1, approximately 10.1 million kg CO2e for Scope 2 (market-based), and approximately 2.17 billion kg CO2e for Scope 3 emissions. The largest contributor to Scope 3 emissions was purchased goods and services, accounting for roughly 1.39 billion kg CO2e, followed by downstream transportation and distribution at approximately 252.2 million kg CO2e.

In 2022, Monster's total emissions were approximately 1.87 billion kg CO2e. Scope 1 emissions were about 10.1 million kg CO2e, Scope 2 emissions were approximately 8.3 million kg CO2e, and Scope 3 emissions totalled approximately 1.85 billion kg CO2e. Purchased goods and services also represented the largest portion of Scope 3 emissions that year, at approximately 1.2 billion kg CO2e.

The company's total emissions in 2021 were approximately 4.24 billion kg CO2e. Scope 1 emissions were around 4.7 million kg CO2e, Scope 2 emissions were approximately 4.7 million kg CO2e, and Scope 3 emissions were approximately 4.23 billion kg CO2e. Purchased goods and services were the dominant source within Scope 3, with approximately 3.72 billion kg CO2e.

Monster is committed to setting near-term Scope 1 and 2 greenhouse gas (GHG) emissions reduction targets by 2026, as part of its commitment to the Science Based Targets initiative (SBTi). This initiative aims for emissions reductions aligned with the 1.5°C pathway. The company has had various SBTi commitments listed, with recent information indicating a "Commitment removed" status for near-term targets related to SBTi as of January 2024, but also a "Committed" status for near-term targets in the same period. Further details on the specific reduction percentages and target years are not provided.