Primary Climate Goal
Imperial Brands's target annual Scope 1 + 2 emissions for 2030 should be equal to 210 Kt = 25% * 280 Kt, according to the company's stated climate goal.
In order to achieve this goal, Imperial Brands would need to reduce its emissions at least by -3.4 Kt per annum over the period from 2022 to 2030:
-3.4 Kt = ( 210 Kt - 240 Kt ) / (2030 - 2021)
This translates into a -1.4% reduction in 2022.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
Imperial Brands aims to reduce Scope 1 + 2 by 25% by 2030 from a base year 2017
Science Based Targets initiative In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
GHG emissions and Carbon intensity
Scope 1 + 2 GHG emissions (in tons of CO2e) divided by the company's Revenues (in USDm) for the same period
Imperial Brands reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2021 at 240 Kt (-6.6 /-2.7% y-o-y). Also positively, carbon intensity was down at 5.7 t (-0.5 /-8.1% y-o-y).
No public disclosure of Scope 3 emissions has been found for Imperial Brands at the moment.
The company is committed to reducing Scope 1 + 2 by 25% by 2030 from a base year 2017, which translates into the estimated reduction of -3.4 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 2°C above pre-industrial levels.