Monster
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 96% 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 greenhouse gas emissions of approximately 2,217,000,000 kg CO2e. This figure includes 15,259,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 10,088,000 kg CO2e from Scope 2 emissions, which are indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 2,191,000,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions in the value chain, including purchased goods and services, transportation, and waste disposal. In comparison, in 2022, Monster's total emissions were approximately 1,855,000,000 kg CO2e, with Scope 1 emissions at 10,077,000 kg CO2e, Scope 2 emissions at 8,300,000 kg CO2e, and Scope 3 emissions at about 1,854,000,000 kg CO2e. This indicates a significant increase in emissions in 2023, particularly in Scope 3. Monster has committed to setting near-term greenhouse gas emissions reduction targets for Scope 1 and Scope 2 by 2026 as part of their commitment to the Science Based Targets initiative (SBTi). While specific percentage reductions have not been disclosed, this commitment reflects their intention to align with global climate goals. Overall, Monster Beverage Corporation is actively working towards improving its sustainability practices and reducing its carbon footprint, with a focus on both direct and indirect emissions.
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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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 participating in some of the initiatives that 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.
