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OrganisationsMgp Ingredients
Mgp Ingredients logo

Mgp Ingredients

Beverage ManufacturingUnited StatesNASDAQ: MGPI
Last verified 8 months agomgpingredients.com

MGP Ingredients, Inc., a leading provider of premium distilled spirits and specialty wheat proteins, is headquartered in Atchison, Kansas, USA. Founded in 1941, the company has established itself as a key player in the food and beverage industry, particularly in the production of high-quality spirits and innovative ingredient solutions.

With a strong focus on sustainability and quality, MGP Ingredients offers a diverse range of products, including bourbon, rye whiskey, and various grain-based ingredients. Their commitment to excellence has earned them a prominent market position, recognised for their unique flavour profiles and superior craftsmanship. Over the years, MGP has achieved significant milestones, solidifying its reputation as a trusted partner for distillers and food manufacturers alike.

24
DitchCarbon score

-6 vs industry average

Mgp Ingredients’s score of 24 is higher than 54% 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

Medium

Beverage Manufacturing has typical carbon intensity

Industry performance

0.188
20192025

The Beverage Manufacturing industry has reduced its overall emissions by 48% since 2019

Emissions trajectory 2020 – 2027

000.0M000.0M000.0M00.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Mgp Ingredients's reported carbon emissions

In 2024, MGP Ingredients reported total greenhouse gas emissions of approximately 173 million kg CO2e, comprising 132,602,000 kg CO2e from Scope 1 and 40,634,000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming for a 50% absolute reduction in Scope 1 and Scope 2 emissions by 2027, using 2022 as the baseline year. This target reflects MGP Ingredients' commitment to sustainability and aligns with industry standards for reducing greenhouse gas emissions. In 2023, the company recorded total emissions of about 238 million kg CO2e, with Scope 1 emissions at 187,378,000 kg CO2e and Scope 2 emissions at 51,539,000 kg CO2e. The previous year, 2022, saw total emissions of approximately 290 million kg CO2e, with Scope 1 at 232,216,000 kg CO2e and Scope 2 at 58,036,000 kg CO2e. MGP Ingredients has not disclosed any Scope 3 emissions data, indicating a potential area for future focus. The company's reduction initiatives demonstrate a proactive approach to addressing climate change and reducing its carbon footprint in the food and beverage industry.

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Mgp Ingredients’s Climate Goals (2030 & 2050)

2 goals

2027

50% reduction in Scope 2

Achieving a 50% absolute reduction in Scope 1 + Scope 2 GHG emissions over 2022 baseline level by 2027

At risk50%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Mgp Ingredients logoMgp Ingredients
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8 months ago
24
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12 days ago
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FRReal Estate Services
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NLChemicals
2 days ago
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16 hours ago
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