Mettler-Toledo Intl

Health Care Equipment
MTD
$ 1,244 2.5
Share price
$ 27 bn
Market Cap
$ 28 bn
Enterprise Value

Carbon footprint

0.94 Ton
GHG emissions per $ 1 mln investment
0.03x the weighted average for S&P 500
FY2020
How is this calculated?
-22%
YOY change in GHG emissions
Stronger than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

Mettler-Toledo Intl's GHG emissions (market-based) (Kt of CO2e)
Mettler-Toledo Intl's Carbon intensity (Tons per 1 USDm)

Mettler-Toledo Intl's carbon footprint

Mettler-Toledo Intl reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 26 Kt (-7.4 /-21.9% y-o-y). Also positively, carbon intensity decreased to 8.6 t (-2.6 /-23.2% y-o-y).

Mettler-Toledo Intl's Scope 3 emissions tumbled to 3.3 Kt (-5.1 /-60.8% y-o-y). This is a higher rate of decline than over the period since 4Q'18 (-30.2% CAGR).

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Mettler-Toledo Intl also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Mettler-Toledo International Inc. commits to reach net-zero greenhouse gas emissions across the value chain by 2050 from a 2018 and 2019 base year respectively. Near-Term Targets Mettler-Toledo International Inc. commits to reduce absolute scope 1 and 2 GHG emissions 70% by 2030 from a 2018 base year. Mettler-Toledo International Inc.commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel and energy related activities, upstream transportation, business travel, employee commuting, and use of sold products 30% by 2030 from a 2019 base year. Long-Term Targets Mettler-Toledo International Inc. commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2018 base year. Mettler-Toledo International Inc. commits to reduce absolute scope 3 GHG emissions 90% by 2050 from a 2019 base year.

Company environmental metrics

Show more...