Kellogg's

Food Products

$ 73 0.21

Share price

$ 25 bn

Market Cap

$ 31 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

1.2x the weighted average for S&P 500

FY2020

Primary Climate Goal

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

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

FY2021

Kellogg's aims to reduce Scope 1 + 2 by 47% by 2030 from a base year 2015

<2°C

Secondary Climate Goal

Kellogg's aims to reduce Scope 3 by 15% by 2030 from a base year 2015

<2°C

GHG emissions and Carbon intensity

Kellogg's reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 1,048 Kt (+44/+4.4% y-o-y). Carbon intensity also grew to 76 t (+2.2/+3% y-o-y).

Kellogg's's Scope 3 emissions was up at 6,824 Kt (+590/+9.5% y-o-y).

The company is committed to reducing Scope 1 + 2 by 47% by 2030 from a base year 2015, which translates into the estimated reduction of -44 Kt per annum over the period of FY2021 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2020Q4	1,048	460	588	6,824	13,770	76
2019Q4	1,004	445	559	6,234	13,578	74
2018Q4	1,008	441	567		13,547	74
2017Q4	1,088	442	646		12,854	85
2016Q4	1,195	464	731		13,014	92
2015Q4	1,151	460	691		13,525	85