Greggs
Carbon footprint
Primary Climate Goal
Greggs aims to achieve net zero for Scope 1 + 2 by 2035
GHG emissions and Carbon intensity
Greggs reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 30 Kt (-11 /-27.6% y-o-y). At the same time, carbon intensity increased to 29 t (+0.8/+2.9% y-o-y).
No public disclosure of Scope 3 emissions has been found for Greggs at the moment.
The company is committed to achieving net zero for Scope 1 + 2 by 2035, which translates into the estimated reduction of -2 Kt per annum over the period of FY2021 - FY2035. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
Greggs also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Greggs commits to reduce absolute scope 1 and 2 GHG emissions 46.2% by 2030 from a 2019 base year. Greggs also commits to reduce absolute scope 3 GHG emissions from purchased goods and services 46.2% within the same timeframe.