Mytilineos Holdings Sustainability Profile
Mytilineos Holdings S.A., commonly referred to as Mytilineos, is a prominent Greek industrial company headquartered in Athens, Greece (GR). Founded in 1990, Mytilineos has established itself as a leader in the energy, metallurgy, and construction sectors, with significant operations across Europe, the Middle East, and Africa. The company is renowned for its innovative approach to energy solutions, particularly in renewable energy and power generation, alongside its expertise in aluminium production and engineering services. Mytilineos has achieved notable milestones, including substantial investments in sustainable energy projects, positioning itself as a key player in the transition to a greener economy. With a strong market presence and a commitment to excellence, Mytilineos continues to drive growth and innovation in its core business areas.
DitchCarbon Score
How does Mytilineos Holdings'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 Business Services 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
Mytilineos Holdings's score of 63 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mytilineos Holdings's reported carbon emissions
In 2024, Mytilineos Holdings reported total carbon emissions of approximately 11.6 billion kg CO2e. This figure includes Scope 1 emissions of about 3.96 billion kg CO2e, Scope 2 emissions of approximately 1.06 billion kg CO2e (market-based), and Scope 3 emissions of around 6.54 billion kg CO2e. The previous year, 2023, saw total emissions of about 12.2 billion kg CO2e, indicating a slight reduction in emissions year-on-year. Mytilineos has set ambitious climate commitments, aiming for a 30% reduction in total direct and indirect CO2 emissions (Scope 1 and 2) by 2030, using 2019 as the base year. This target is part of a broader commitment to achieve net-zero emissions by 2050. Additionally, the company aims for a 50% reduction in specific CO2 emissions per MWh produced in the Energy Sector by 2030. The emissions data is not cascaded from any parent organization, and Mytilineos operates independently in its climate initiatives. The company is actively working towards its sustainability goals, reflecting a commitment to reducing its carbon footprint in the mining and metals sector.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,503,169,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0.00 | 0,000,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 2,185,241,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | 0,000,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000 | - | 0,000,000,000 | 0,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Mytilineos Holdings's Industry?
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Mytilineos Holdings's Scope 3 Categories Breakdown
Mytilineos Holdings's Scope 3 emissions, which decreased by 18% last year and increased significantly since 2013, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 57% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 26% of Scope 3 emissions.
Top Scope 3 Categories
Mytilineos Holdings'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.
Mytilineos Holdings 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 Mytilineos Holdings's sustainability data and climate commitments