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 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 33 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 reported total carbon emissions of approximately 1,139,000,000 kg CO2e, with Scope 1 emissions at about 103,086,000 kg CO2e, Scope 2 emissions at approximately 31,950,000 kg CO2e, and significant Scope 3 emissions of around 1,034,373,000 kg CO2e. This marked an increase from 2022, where total emissions were about 135,036,000 kg CO2e, with Scope 1 at approximately 115,658,000 kg CO2e and Scope 2 at about 21,919,000 kg CO2e. Bacardi's emissions data from previous years shows a trend of fluctuating emissions, with total emissions recorded at approximately 119,587,000 kg CO2e in 2021 and about 99,766,000 kg CO2e in 2020. The company has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future focus. Overall, Bacardi's emissions profile highlights the importance of addressing both direct (Scope 1 and 2) and indirect (Scope 3) emissions in their climate strategy, particularly as they navigate the challenges of sustainability in the beverage industry.
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Add to project| 2015 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 109,845,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 27,394,000 | 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 not committed to any 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.
