Bacardi
Bacardi Limited, a renowned name in the spirits industry, is headquartered in Bermuda (BM) and operates extensively across the Americas, Europe, and Asia. Founded in 1862, Bacardi has established itself as a leader in the production of premium rum and other spirits, with a rich heritage that includes key milestones such as the introduction of the iconic Bacardi rum. The company’s core offerings include a diverse range of rums, vodkas, and whiskies, distinguished by their unique flavours and artisanal craftsmanship. Bacardi's commitment to quality and innovation has solidified its position as one of the largest privately-held spirits companies globally, celebrated for its award-winning products and sustainable practices. With a legacy spanning over 160 years, Bacardi continues to shape the spirits market, appealing to consumers seeking authenticity and excellence.
DitchCarbon Score
How does Bacardi'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
Bacardi's score of 38 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bacardi's reported carbon emissions
In 2023, Bacardi Limited reported total greenhouse gas emissions of approximately 1,138,000,000 kg CO2e, with Scope 1 emissions at about 103,086,000 kg CO2e and Scope 2 emissions at approximately 31,950,000 kg CO2e. Notably, Bacardi has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 emissions by 50% by 2025 from a 2015 baseline. Additionally, the company targets a 20% reduction in absolute value chain emissions (Scopes 1, 2, and 3) by the same year. Looking ahead, Bacardi has committed to achieving net-zero greenhouse gas emissions across its value chain by FY2050. Near-term goals include a 42% reduction in absolute Scope 1 and 2 emissions and Scope 3 emissions by FY2030, using FY2023 as the baseline. Furthermore, Bacardi aims for a significant 90% reduction in both Scope 1 and 2 emissions by FY2040 and Scope 3 emissions by FY2050. Bacardi is also dedicated to sustainable practices, pledging to eliminate deforestation linked to its primary commodities by December 31, 2025. These initiatives reflect Bacardi's commitment to addressing climate change and reducing its environmental impact.
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| 2015 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 77,307,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 30,703,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 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.
Bacardi is committed to some reduction initiatives 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.
