MTY Food Group Inc. Sustainability Profile
MTY Food Group Inc., headquartered in Canada, is a prominent player in the food service industry, specialising in the development and franchising of a diverse range of restaurant brands. Founded in 1984, the company has expanded its operations across North America, with a significant presence in both Canada and the United States. MTY Food Group's portfolio includes over 75 brands, encompassing various cuisines and dining experiences, which sets it apart in a competitive market. The company is recognised for its innovative approach to franchising and brand management, achieving notable milestones such as strategic acquisitions that have bolstered its market position. With a commitment to quality and customer satisfaction, MTY Food Group continues to thrive as a leader in the food service sector.
DitchCarbon Score
How does MTY Food Group Inc.'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 Hospitality 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
MTY Food Group Inc.'s score of 30 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MTY Food Group Inc.'s reported carbon emissions
In 2022, MTY Food Group Inc. reported total carbon emissions of approximately 686,600 kg CO2e, comprising 404,000 kg CO2e from Scope 1 and 282,600 kg CO2e from Scope 2 emissions. This data reflects a significant decrease from 2021, where Scope 1 emissions alone were reported at 533,000,000 kg CO2e, indicating a shift in their operational efficiency and emissions management. Despite the substantial emissions figures, MTY Food Group has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of Scope 3 emissions data suggests a potential area for future focus, as these often represent a significant portion of a company's overall carbon footprint. MTY Food Group's commitment to sustainability is evident through its transparency in emissions reporting, although further details on reduction strategies and long-term climate commitments would enhance its environmental profile. The company operates from its headquarters in Canada and continues to engage in industry-standard practices for emissions disclosure.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 533,000,000 | 000,000 |
| Scope 2 | - | 000,000 |
| Scope 3 | - | - |
How Carbon Intensive is MTY Food Group Inc.'s Industry?
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MTY Food Group Inc.'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.
MTY Food Group Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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