Campbell Soup

Food Products
CPB
$ 51 0.22
Share price
$ 15 bn
Market Cap
$ 19 bn
Enterprise Value

Carbon footprint

38 Ton
GHG emissions per $ 1 mln investment
1.3x the weighted average for S&P 500
FY2020
How is this calculated?
+6.9%
YOY change in GHG emissions
Weaker than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-5.7%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -5.1% weighted average for S&P 500
FY2021
How is this calculated?

Campbell Soup aims to reduce Scope 1 + 2 by 25% by 2025 from a base year 2017


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

GHG emissions and Carbon intensity

Campbell Soup's GHG emissions (location-based) (Kt of CO2e)
Campbell Soup's Carbon intensity (Tons per 1 USDm)

Campbell Soup's carbon footprint

Campbell Soup reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 30 June 2020 at 721 Kt (+47/+6.9% y-o-y). At the sime time, carbon intensity declined marginally to 83 t (-0.2 /-0.2% y-o-y).

Campbell Soup's Scope 3 emissions remained flat at 4,110 Kt. The time series has been volatile over the last few periods.

The company is committed to reducing Scope 1 + 2 by 25% by 2025 from a base year 2017, which translates into the estimated reduction of -41 Kt per annum over the period of FY2021 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Campbell Soup also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Campbell Soup Company commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2030 from a FY2020 base year. Campbell Soup Company also commits to reduce absolute scope 3 GHG emissions from purchased goods and services and upstream transportation and distribution 25% within the same timeframe.

Company environmental metrics

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