Aramark

Restaurants
ARMK
$ 35 0.75
Share price
$ 9.1 bn
Market Cap
$ 17 bn
Enterprise Value

Carbon footprint

22 Ton
GHG emissions per $ 1 mln investment
0.64x the weighted average for S&P 500
FY2021
How is this calculated?
-5.2%
YOY change in GHG emissions
Stronger than the -0.8% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

+2.7%
Proj. YOY change in GHG emissions (all Scopes)
FY2022
How is this calculated?

Aramark aims to reduce all Scopes by 15% by 2025 from a base year 2019

This target is most likely outdated and the company appears to have already achieved it
This target has not been verified as science based according to SBTi
Aramark's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

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

Aramark's carbon footprint

Aramark reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 367 Kt (-20 /-5.2% y-o-y). At the same time, carbon intensity increased to 34 t (+7/+26% y-o-y).

Aramark's Scope 3 emissions decreased to 3,886 Kt (-425 /-9.9% y-o-y). This is a higher rate of decline than over the period since 4Q'19 (-8.7% CAGR).

The company is committed to reducing all Scopes by 15% by 2025 from a base year 2019, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Aramark also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Overall Net-Zero Target Aramark commits to reach net-zero GHG emissions across the value chain by FY2050. Near-Term Targets Aramark commits to reduce absolute scope 1 and 2 GHG emissions 57.1% by FY2030 from a FY2019 base year. Aramark commits that 62% of its suppliers by emissions covering purchased goods and services and upstream transportation and distribution will have science-based targets by FY2027. Aramark commits to reduce absolute scope 3 GHG emissions from use of sold products 28% by FY2030 from a FY2019 base year. Long-Term Targets Aramark commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2050 from a FY2019 base year. Aramark commits to reduce absolute scope 3 GHG emissions 90% by FY2050 from a FY2019 base year.

Company environmental metrics

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