Hershey
The Hershey Company, commonly known as Hershey, is a leading American confectionery manufacturer headquartered in Hershey, Pennsylvania. Founded in 1894 by Milton S. Hershey, the company has grown to become a global powerhouse in the chocolate and snack industry, with significant operations across North America and beyond. Hershey is renowned for its iconic chocolate bars, including the classic Hershey's Milk Chocolate Bar, Reese's Peanut Butter Cups, and Kit Kat. These products stand out for their quality and unique flavour profiles, appealing to a diverse consumer base. Over the years, Hershey has achieved notable milestones, including the introduction of innovative products and sustainable sourcing initiatives, solidifying its position as a market leader in the confectionery sector.
DitchCarbon Score
How does Hershey'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
Hershey's score of 48 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hershey's reported carbon emissions
In 2023, The Hershey Company reported total greenhouse gas (GHG) emissions of approximately 7,503,635,000 kg CO2e. This figure includes Scope 1 emissions of about 178,001,000 kg CO2e, Scope 2 emissions of approximately 61,592,000 kg CO2e (market-based), and significant Scope 3 emissions totalling around 7,264,041,000 kg CO2e. Hershey has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030 from a 2018 baseline. Additionally, the company targets a 30% reduction in absolute Scope 3 emissions over the same timeframe. Notably, Hershey also commits to no deforestation across its primary deforestation-linked commodities by December 31, 2025. In previous years, Hershey achieved a 23% reduction in GHG emissions compared to a 2009 baseline and aims to augment this with a further 50% reduction by 2025. The company’s efforts reflect a commitment to sustainable practices within the food and beverage processing sector, aligning with industry standards for climate action.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 115,333,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 258,152,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 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.
Hershey 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.
