McCormick & Company

Packaged Foods & Meats
MKC
$ 68 (0.16)%
Share price
$ 18 bn
Market Cap
$ 23 bn
Enterprise Value

Carbon footprint

5.2 Ton
GHG emissions per $ 1 mln investment
0.16x the weighted average for S&P 500
FY2020
How is this calculated?
-4.8%
YOY change in GHG emissions
Weaker than the -11% weighted average for S&P 500
FY2020 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

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

McCormick & Company's carbon footprint

McCormick & Company reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 119 Kt (-6 /-4.8% y-o-y). Also positively, carbon intensity decreased to 21 t (-2.1 /-9% y-o-y).

No public disclosure of Scope 3 emissions has been found for McCormick & Company at the moment.

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

McCormick & Company also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Overall Net-Zero Target McCormick & Company commits to reach net-zero greenhouse gas emissions across the value chain by FY2050. Near-Term Targets McCormick & Company commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2030 from a FY2020 base year. McCormick & Company also commits to reduce absolute scope 3 GHG emissions from purchased goods and services 42% within the same timeframe. Long-Term Targets McCormick & Company commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2050 from a FY2020 base year. McCormick & Company also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, fuel and energy related activities, upstream transportation and distribution, waste generated in operations, business travel, and employee commuting 90% within the same timeframe.

Company environmental metrics

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