Greggs

Restaurants / Food Retail
GRG.L
GBX 2,674 (1)%
Share price
$ 3.5 bn
Market Cap
$ 3.6 bn
Enterprise Value

Carbon footprint

8.3 Ton
GHG emissions per $ 1 mln investment
0.25x the weighted average for S&P 500
FY2020
How is this calculated?
-28%
YOY change in GHG emissions
Stronger than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-6.7%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -9.3% weighted average for S&P 500
FY2021
How is this calculated?

Greggs aims to achieve net zero for Scope 1 + 2 by 2035


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

GHG emissions and Carbon intensity

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

Greggs's carbon footprint

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.

Company environmental metrics

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