The Hershey Company

Food Products
HSY
$ 205 (0.72)%
Share price
$ 42 bn
Market Cap
$ 48 bn
Enterprise Value

Carbon footprint

6.1 Ton
GHG emissions per $ 1 mln investment
0.22x the weighted average for S&P 500
FY2020
How is this calculated?
-22%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-3.4%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2021
How is this calculated?

The Hershey Company aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2018


1.5°C
The Hershey Company's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-1.4%
Proj. YOY change in GHG emissions (Scope 3)
Weaker than the -6.3% weighted average for S&P 500
FY2021
How is this calculated?

The Hershey Company aims to reduce Scope 3 by 25% by 2030 from a base year 2018


1.5°C
The Hershey Company's actual and proj. GHG emissions (Scope 3) (Kt of CO2e)

GHG emissions and Carbon intensity

The Hershey Company's GHG emissions (market-based) (Kt of CO2e)
The Hershey Company's Carbon intensity (Tons per 1 USDm)

The Hershey Company's carbon footprint

The Hershey Company reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 291 Kt (-82 /-22% y-o-y). Also positively, carbon intensity plunged to 131 t (-44 /-25% y-o-y).

The Hershey Company's Scope 3 emissions plummeted to 5,762 Kt (-526 /-8.4% y-o-y). The decline accelerated compared to the CAGR of -4.4% since 4Q'18.

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2018, which translates into the estimated reduction of -10 Kt per annum over the period of FY2021 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to reducing Scope 3 by 25% by 2030 from a base year 2018, which translates into the estimated reduction of -82 Kt per annum over the period of FY2021 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Company environmental metrics

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