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 71% 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 2,194,000,000 kg CO2e. This figure includes 15,259,000 kg CO2e from Scope 1 emissions, 10,088,000 kg CO2e from Scope 2 emissions (market-based), and a significant 2,173,452,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (1,390,770,000 kg CO2e) and downstream transportation and distribution (252,159,000 kg CO2e). In comparison, the 2022 emissions data indicated total emissions of about 1,854,377,000 kg CO2e, with Scope 1 emissions at 10,077,000 kg CO2e and Scope 2 emissions (location-based) at 8,300,000 kg CO2e. The Scope 3 emissions for that year were approximately 1,854,377,000 kg CO2e, again highlighting the substantial impact of purchased goods and services. Monster has committed to setting near-term reduction targets for Scope 1 and 2 emissions by 2026 as part of its Science Based Targets initiative (SBTi) commitment. This initiative aims to align their emissions reduction strategies with climate science, although specific percentage reduction targets have not yet been disclosed. Overall, Monster Beverage Corporation's emissions data reflects a significant reliance on Scope 3 emissions, which are common in the food and beverage processing sector, indicating a need for comprehensive strategies to address emissions throughout their supply chain.
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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.
