Banquet Foods Inc. Sustainability Profile
Banquet Foods Inc., a prominent player in the food manufacturing industry, is headquartered in the United States. Founded in the mid-20th century, the company has established itself as a leader in the production of frozen meals and convenience foods, catering to a diverse consumer base across North America. With a commitment to quality and innovation, Banquet Foods offers a wide range of products, including frozen dinners, pot pies, and side dishes, all designed to provide delicious and convenient meal solutions. Their unique recipes and focus on value have garnered a loyal following, positioning them as a trusted brand in households nationwide. Over the years, Banquet Foods has achieved significant milestones, continually expanding its product line and enhancing its market presence, making it a staple in the frozen food sector.
DitchCarbon Score
How does Banquet Foods 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.
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
Banquet Foods Inc.'s score of 39 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banquet Foods Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is part of a corporate family that includes Conagra Brands, Inc., from which it inherits emissions data and climate commitments. As of now, Banquet Foods Inc. has not publicly disclosed any specific reduction targets or initiatives. However, it is important to note that the climate commitments and performance metrics are cascaded from Conagra Brands, Inc., which may have established targets and initiatives aimed at reducing greenhouse gas emissions across its operations. Given the absence of direct emissions data and reduction targets for Banquet Foods Inc., the company's climate strategy appears to be aligned with the broader commitments of its parent company. This includes adherence to industry standards and practices for sustainability, although specific details on these initiatives are not provided. In summary, while Banquet Foods Inc. does not currently report its own emissions or reduction targets, it is positioned within a corporate structure that prioritises climate action through its relationship with Conagra Brands, Inc.
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| 2008 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 329,256,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 397,747,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 000,000,000 | - | - | - | - | 0,000,000,000 | - |
How Carbon Intensive is Banquet Foods Inc.'s Industry?
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Banquet Foods Inc.'s Scope 3 Categories Breakdown
Banquet Foods Inc.'s Scope 3 emissions, which increased significantly last year and increased significantly since 2017, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Banquet Foods Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Banquet Foods Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
