Berkshire Hathaway Inc. Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Berkshire Hathaway Inc.'s score of 31 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Berkshire Hathaway Inc.'s reported carbon emissions
Berkshire Hathaway Inc., headquartered in the US, has not publicly disclosed specific carbon emissions data for the most recent year. However, the company has set ambitious climate commitments aimed at reducing greenhouse gas (GHG) emissions. Berkshire Hathaway Energy (BHE), a subsidiary, has outlined plans to achieve 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 intends to invest in renewable energy sources such as wind and solar, while also retiring an additional 16 coal generation units between 2023 and 2030. These initiatives reflect a commitment to transitioning towards low-carbon energy generation and demonstrate BHE's proactive approach to addressing climate change. While specific emissions figures are not available, the outlined reduction targets signify a strategic focus on sustainability and environmental responsibility within the organisation.
How Carbon Intensive is Berkshire Hathaway Inc.'s Industry?
How Carbon Intensive is Berkshire Hathaway Inc.'s Location?
Berkshire Hathaway 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.
Berkshire Hathaway Inc. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
