AAK AB

Packaged Foods & Meats
AAK.ST
€ 229 (0.26)%
Share price
$ 5.8 bn
Market Cap
$ 6 bn
Enterprise Value

Carbon footprint

57 Ton
GHG emissions per $ 1 mln investment
1.7x the weighted average for S&P 500
FY2021
How is this calculated?
-4%
YOY change in GHG emissions
Weaker than the -11% weighted average for S&P 500
FY2021 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

AAK AB's GHG emissions (market-based) (Kt of CO2e)
AAK AB's Carbon intensity (Tons per 1 USDm)

AAK AB's carbon footprint

AAK AB reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 344 Kt (-14 /-4% y-o-y). Also positively, carbon intensity tumbled to 83 t (-30 /-26.7% y-o-y).

No public disclosure of Scope 3 emissions has been found for AAK AB at the moment.

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

AAK AB also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. FLAG Targets AAK commits to reduce absolute scope 3 FLAG GHG emissions 33.3% by 2030 from a 2019 base year.* AAK commits to no deforestation across its primary deforestation-linked commodities with a target date of 2025. *Target includes FLAG emissions and removals. Near-Term Targets AAK commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2019 base year.* AAK also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, and upstream transportation and distribution 46.2% within the same timeframe. AAK further commits that 10.3% of its suppliers by emissions, covering purchased goods and services, and transportation and distribution, will have science-based targets by 2027. *The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks.

Company environmental metrics

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