Berkshire Hathaway Inc., often referred to simply as Berkshire Hathaway, is a multinational conglomerate holding company headquartered in the United States. Founded in 1839, it has evolved from a textile manufacturing firm into a diversified powerhouse with significant operations across various industries, including insurance, utilities, railroads, and consumer goods. With a reputation for strategic acquisitions and a long-term investment philosophy, Berkshire Hathaway has achieved remarkable milestones, such as becoming one of the largest companies in the world by market capitalisation. Its core offerings include insurance products through subsidiaries like GEICO, as well as a diverse portfolio of well-known brands, including Dairy Queen and Duracell. This unique blend of businesses positions Berkshire Hathaway as a leader in the investment landscape, renowned for its disciplined approach and strong financial performance.
How does Berkshire Hathaway Inc.'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.
Mean score of companies in the Business Services 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.
Berkshire Hathaway Inc.'s score of 31 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Berkshire Hathaway Inc., headquartered in the US, has set ambitious climate commitments aimed at significantly reducing its greenhouse gas (GHG) emissions. Although specific emissions data for the most recent year is not available, the company has outlined a clear strategy for future reductions. Berkshire Hathaway Energy (BHE) has committed to achieving a 50% reduction in GHG emissions from 2005 levels by 2030. This target applies to both Scope 1 and Scope 2 emissions. To meet this goal, BHE plans to invest in renewable energy sources such as wind and solar, while also retiring an additional 16 coal generation units between 2023 and 2030. This initiative reflects a reliable and cost-effective approach to transitioning towards low-carbon generation. Overall, Berkshire Hathaway's commitment to reducing its carbon footprint demonstrates a proactive stance in addressing climate change and aligns with industry standards for sustainability.
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.
Berkshire Hathaway Inc. 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.