Carlsberg Group

Brewers
CARL-B.CO
DKK 961 0.44
Share price
$ 20 bn
Market Cap
$ 23 bn
Enterprise Value

Carbon footprint

27 Ton
GHG emissions per $ 1 mln investment
0.79x the weighted average for S&P 500
FY2021
How is this calculated?
+6.6%
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

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

Carlsberg Group's carbon footprint

Carlsberg Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 600 Kt (+37/+6.6% y-o-y). At the sime time, carbon intensity was down at 56 t (-4.8 /-7.8% y-o-y).

Carlsberg Group's Scope 3 emissions soared to 8,846 Kt (+825/+10% y-o-y). The time series has been volatile over the last few periods.

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

Carlsberg Group also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Global brewer Carlsberg commits to achieving zero GHG emissions from its breweries by 2030, from a 2015 base year, which is equivalent to reducing total scope 1 and 2 GHG emissions 92%. This is supported by a 2022 target to reduce the GHG emissions from breweries by 50%, which is equivalent to reducing total scope 1 and 2 emissions by 46%. Carlsberg also commits to reduce its beer-in-hand value chain GHG emissions (scope 1, 2 and 3) 30% by 2030, from a 2015 base year, with a 2022 target to reduce GHG emissions by 15%.

Company environmental metrics

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