Carlsberg Group

Brewers

CARL-B.CO

DKK 916 0.28

Share price

$ 19 bn

Market Cap

$ 22 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.98x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Stronger than the -5.1% weighted average for S&P 500

FY2022

Carlsberg Group aims to reduce Scope 1 + 2 by 46% by 2022 from a base year 2015

1.5°C

GHG emissions and Carbon intensity

Carlsberg Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 600 Kt (+37/+6.6% y-o-y). At the sime time, carbon intensity was down at 56 t (-4.8 /-7.8% y-o-y).

Carlsberg Group's Scope 3 emissions soared to 8,846 Kt (+825/+10% y-o-y). The time series has been volatile over the last few periods.

The company is committed to reducing Scope 1 + 2 by 46% by 2022 from a base year 2015, which translates into the estimated reduction of -143 Kt per annum over the period of FY2022 - FY2022. 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)
2021Q4	600	450	150		10,633	56
2020Q4	563	415	148	8,846	9,205	61
2019Q4	638	436	202	8,020	9,914	64
2018Q4	704			8,020	9,908	71
2017Q4	704			8,020	9,210	76
2016Q4	777				9,271	84
2015Q4	846				9,823	86

Carlsberg Group

Carbon footprint

Primary Climate Goal

Carlsberg Group aims to reduce Scope 1 + 2 by 46% by 2022 from a base year 2015

GHG emissions and Carbon intensity

Carlsberg Group's carbon footprint

Company environmental metrics