Britvic

Soft Drinks

BVIC.L

GBX 893 1.2

Share price

$ 2.8 bn

Market Cap

$ 3.6 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.32x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

In line with the -8% weighted average for S&P 500

FY2022

Britvic aims to reduce Scope 1 + 2 by 50% by 2025 from a base year 2017

1.5°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (Scope 3)

Stronger than the -6.2% weighted average for S&P 500

FY2022

Britvic aims to reduce Scope 3 by 35% by 2025 from a base year 2017

1.5°C

GHG emissions and Carbon intensity

Britvic reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2021 at 39 Kt (-2 /-4.8% y-o-y). Also positively, carbon intensity decreased to 21 t (-2.2 /-9.3% y-o-y).

Britvic's Scope 3 emissions tumbled to 96 Kt (-14 /-13% y-o-y). The time series has been volatile over the last few periods.

The company is committed to reducing Scope 1 + 2 by 50% by 2025 from a base year 2017, which translates into the estimated reduction of -2.9 Kt per annum over the period of FY2022 - FY2025. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to reducing Scope 3 by 35% by 2025 from a base year 2017, which translates into the estimated reduction of -8 Kt per annum over the period of FY2022 - FY2025. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q3	39	16	23	96	1,820	21
2020Q3	41	18	23	111	1,736	24
2019Q3	38	28	10	107	2,014	19
2018Q3	48	31	17	115	2,015	24
2017Q3	55	32	23	99	1,857	30