Pernod Ricard
Pernod Ricard, a global leader in the spirits and wine industry, is headquartered in France and operates in over 70 countries. Founded in 1975 through the merger of Pernod and Ricard, the company has since established itself as a powerhouse in the production and distribution of premium alcoholic beverages. With a diverse portfolio that includes iconic brands such as Absolut Vodka, Jameson Irish Whiskey, and Chivas Regal, Pernod Ricard is renowned for its commitment to quality and innovation. The company has achieved significant milestones, including a strong market position as one of the top players in the global spirits market. Pernod Ricard's unique approach to blending tradition with modernity sets it apart, making it a preferred choice for consumers seeking exceptional taste and craftsmanship in their beverages.
DitchCarbon Score
How does Pernod Ricard's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Beverage Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Pernod Ricard's score of 67 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pernod Ricard's reported carbon emissions
In 2023, Pernod Ricard reported significant carbon emissions, with Scope 1 emissions totalling approximately 27,358,000 kg CO2e and Scope 2 emissions reaching about 68,555,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 emissions by 54% by 2030, based on a 2022 baseline. This target aligns with a 1.5°C trajectory, demonstrating their commitment to climate action. Pernod Ricard also aims for net-zero greenhouse gas emissions across its entire value chain by 2050. In addition to the near-term targets, the company plans to achieve a 90% reduction in absolute Scope 1 and 2 emissions by 2050. For Scope 3 emissions, which include those from purchased goods and services, the company targets a 25% reduction by 2030, with a more ambitious 30.3% reduction for FLAG (Forestry, Land Use, Agriculture, and Goods) emissions. To support these initiatives, Pernod Ricard is investing €50 million to ensure carbon neutrality at its distillery by the end of 2026 and has implemented high-performance MVR technology for carbon-neutral distillation by 2026. The company is also committed to sourcing 100% renewable electricity by 2025, up from 74.5% in 2018. Overall, Pernod Ricard's comprehensive climate strategy reflects a strong commitment to sustainability and reducing its carbon footprint in the beverage industry.
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| 2018 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 250,542,000 | 000,000,000 | 000,000,000 | - | 000,000,000 |
| Scope 2 | 47,429,000 | 00,000,000 | 00,000,000 | - | 00,000,000 |
| Scope 3 | 3,873,667,000 | 0,000,000,000 | 0,000,000,000.00 | - | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Pernod Ricard is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
