Campbell Soup

Food Products
CPB
$ 49 (1.2)%
Share price
$ 15 bn
Market Cap
$ 19 bn
Enterprise Value

Carbon footprint

35 Ton
GHG emissions per $ 1 mln investment
0.89x the weighted average for S&P 500
FY2021
How is this calculated?
-4.7%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-6.2%
Proj. YOY change in GHG emissions (Scope 1 + 2)
In line with the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Campbell Soup aims to reduce Scope 1 + 2 by 25% by 2025 from a base year 2017


This target has not been verified as science based according to SBTi
Campbell Soup's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Campbell Soup's GHG emissions (location-based) (Kt of CO2e)
Campbell Soup's Carbon intensity (Tons per 1 USDm)

Campbell Soup's carbon footprint

Campbell Soup reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 30 June 2021 at 688 Kt (-34 /-4.7% y-o-y). Also positively, carbon intensity was down at 81 t (-1.9 /-2.3% y-o-y).

Campbell Soup's Scope 3 emissions remained unchnaged at 6,256 Kt. The growth rate declined vs. the previous periods (CAGR +442% since 2Q'18).

The company is committed to reducing Scope 1 + 2 by 25% by 2025 from a base year 2017, which translates into the estimated reduction of -43 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Campbell Soup also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Campbell Soup Company commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2030 from a FY2020 base year. Campbell Soup Company also commits to reduce absolute scope 3 GHG emissions from purchased goods and services and upstream transportation and distribution 25% within the same timeframe.

Company environmental metrics

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