Primary Climate Goal
Whirlpool Corporation's target annual Scope 1 + 2 emissions for 2030 should be equal to 0 Kt = 0% * 663 Kt, according to the company's stated climate goal.
In order to achieve this goal, Whirlpool Corporation would need to reduce its emissions at least by -66 Kt per annum over the period from 2021 to 2030:
-66 Kt = ( 0 Kt - 663 Kt ) / (2030 - 2020)
This translates into a -10% reduction in 2021.
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.
Whirlpool Corporation aims to achieve net zero for Scope 1 + 2 by 2030
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.
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
Whirlpool Corporation reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 663 Kt (-21 /-3.1% y-o-y). At the same time, carbon intensity increased to 34 t (+0.6/+1.8% y-o-y).
Whirlpool Corporation's Scope 3 emissions plunged to 61,400 Kt (
The company is committed to achieving net zero for Scope 1 + 2 by 2030, which translates into the estimated reduction of -66 Kt per annum over the period of FY2021 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
Whirlpool Corporation also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Whirlpool Corporation commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2016 base year. Whirlpool Corporation also commits to reduce absolute scope 3 GHG emissions from use of sold products 20% over the same timeframe