Remy Cointreau

Distillers & Vintners

RCO.PA

€ 99 (0.32)%

Share price

$ 5.4 bn

Market Cap

$ 6.1 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.05x the weighted average for S&P 500

FY2018

Primary Climate Goal

Remy Cointreau aims to reduce Scope 1 + 2 by 25% by 2025 from a base year 2020

1.5°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (Scope 3)

FY2022

Remy Cointreau aims to reduce Scope 3 by 30% by 2025 from a base year 2020

This target is most likely outdated and the company appears to have already achieved it

1.5°C

GHG emissions and Carbon intensity

Remy Cointreau reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 March 2018 at 9.2 Kt (-1.5 /-14.2% y-o-y). Also positively, carbon intensity declined to 7.7 t (-0.9 /-10.5% y-o-y).

Remy Cointreau's Scope 3 emissions declined to 121 Kt (-59 /-32.8% y-o-y). The time series has been volatile over the last few periods.

The company is committed to reducing Scope 3 by 30% by 2025 from a base year 2020, which it appears to have already achieved as of 2021. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q1		7.6	0.61	121	1,114
2020Q1		7.4	0.88	180	1,150
2019Q1		10	1.1	175	1,388
2018Q1	9.2	7.1	2.1	126	1,202	7.7
2017Q1	11	8.8	1.9	135	1,246	8.6
2016Q1	8.2	6.6	1.6	(8.2)	1,128	7.3
2015Q1	7.3	6.1	1.2	(7.3)	1,329	5.5
2014Q1	2.8	2.3	0.57	(2.8)