Greggs

Packaged Foods & Meats

GRG.L

GBX 2,182 1

Share price

$ 2.7 bn

Market Cap

$ 3 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.35x the weighted average for S&P 500

FY2020

Primary Climate Goal

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

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

FY2021

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

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

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.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2020Q4	30	28	2.5	1,052	29
2019Q4	42	39	2.9	1,495	28
2018Q4	101	40	59	1,369	74
2017Q4	111	40	72	1,245	89
2016Q4	125	43	82	1,211	103
2015Q4	125	36	89	1,270	98

Greggs

Carbon footprint

Primary Climate Goal

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

GHG emissions and Carbon intensity

Greggs's carbon footprint

Company environmental metrics