Monster Beverage Corporation, commonly known as Monster, is a leading player in the global beverages industry, headquartered in the United States. Founded in 2002, the company has rapidly established itself as a powerhouse in the energy drink sector, renowned for its innovative flavours and bold branding.
With a diverse product portfolio that includes energy drinks, juices, and teas, Monster distinguishes itself through unique formulations designed to enhance performance and provide sustained energy. The brand's commitment to quality and creativity has garnered a loyal consumer base, making it a prominent choice among athletes and active individuals.
Monster's strategic expansion into international markets has solidified its position as a market leader, with significant operations across North America, Europe, and Asia. The company continues to achieve remarkable milestones, reinforcing its reputation as a trailblazer in the beverage landscape.
+5 vs industry average
Monster’s score of 35 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Beverage Manufacturing has typical carbon intensity
Industry performance
The Beverage Manufacturing industry has reduced its overall emissions by 48% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Monster's reported carbon emissions
Monster, a US-based beverage company, reported a total of approximately 2.19 billion kg CO2e in Scope 1, 2, and 3 emissions for 2023. This includes about 15.26 million kg CO2e in Scope 1 emissions and approximately 10.09 million kg CO2e in Scope 2 emissions (market-based). Scope 3 emissions for 2023 were around 2.17 billion kg CO2e, with purchased goods and services representing the largest portion at approximately 1.39 billion kg CO2e.
In 2022, Monster's total emissions were approximately 1.86 billion kg CO2e, with Scope 1 at about 10.08 million kg CO2e and Scope 2 at approximately 8.30 million kg CO2e. Scope 3 emissions for that year totalled around 1.85 billion kg CO2e.
Monster is committed to setting a near-term Scope 1 and 2 greenhouse gas (GHG) emissions reduction target by 2026, as part of its commitment to the Science Based Targets initiative (SBTi). While specific reduction percentages for this target are not yet defined, the company plans to formalise this by 2026. As of early 2024, Monster Beverage Corporation has a commitment status of "Committed" for near-term targets, according to SBTi data, and is noted as having an "Expired commitment" related to a previous near-term target status as of January 2024. Monster has stated its commitment to SBTi, indicating an alignment with science-based climate goals.
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Monster’s Climate Goals (2030 & 2050)
2 goals2026
As part of our commitment to SBTi, we plan to set a near-ter…
As part of our commitment to SBTi, we plan to set a near-term Scope 1 and 2 greenhouse gas (GHG) emissions reduction target by 2026.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
11 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Monster
Frequently asked questions
Common questions about Monster’s sustainability data and climate commitments
Data year: 2023
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