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 35 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bacardi's reported carbon emissions
In 2021, Bacardi Limited reported total greenhouse gas emissions of approximately 119,587,000 kg CO2e, with Scope 1 emissions at about 94,144,000 kg CO2e and Scope 2 emissions at approximately 25,443,000 kg CO2e. This marked an increase from 2020, when total emissions were about 99,766,000 kg CO2e, with Scope 1 at approximately 77,138,000 kg CO2e and Scope 2 at around 22,628,000 kg CO2e. Bacardi has set ambitious climate commitments, aiming to reduce absolute GHG emissions from its operations (Scopes 1 and 2) by 50% by 2025, using 2015 as the base year. Additionally, the company targets a 20% reduction in emissions across its entire value chain (Scopes 1, 2, and 3) by the same year. Looking further ahead, Bacardi aims for a 90% reduction in Scope 1 and 2 emissions by 2040 and a 90% reduction in Scope 3 emissions by 2050, both from a 2023 base year. Bacardi is also committed to achieving net-zero emissions across its value chain by 2050 and has pledged to no deforestation in its primary deforestation-linked commodities by December 31, 2025. These initiatives align with the Science-based Target Initiative (SBTi) and reflect Bacardi's dedication to sustainable practices in the food and beverage processing sector.
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| 2015 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 77,307,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 30,703,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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 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.
