Morrisons

Hypermarkets & Super Centers
- -%
Share price
$ - bn
Market Cap
$ - bn
Enterprise Value

Carbon footprint

-5.3%
YOY change in GHG emissions
In line with the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-5%
Proj. YOY change in GHG emissions (Scope 1 + 2)
FY2021
How is this calculated?

Morrisons aims to achieve net zero for Scope 1 + 2 by 2040


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

GHG emissions and Carbon intensity

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

Morrisons's carbon footprint

Morrisons reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 644 Kt (-36 /-5.3% y-o-y). Also positively, carbon intensity declined to 28 t (-2.1 /-6.9% y-o-y).

No public disclosure of Scope 3 emissions has been found for Morrisons at the moment.

The company is committed to achieving net zero for Scope 1 + 2 by 2040, which translates into the estimated reduction of -32 Kt per annum over the period of FY2021 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Morrisons also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Morrisons commits to reduce absolute scope 1 and 2 GHG emissions 46% by 2030 from a 2019 base year. Morrisons also commits to reduce absolute scope 3 GHG emissions from own-brand purchased goods and services, own-brand upstream transportation and distribution and use of sold products 30% over the same timeframe.

Company environmental metrics

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