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.
Let us know if this data was useful to you
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 through its subsidiary, Berkshire Hathaway Energy (BHE). BHE aims to achieve a 50% reduction in greenhouse gas (GHG) emissions from 2005 levels by 2030. This target applies to both Scope 1 and Scope 2 emissions and is part of a broader strategy that includes significant investments in renewable energy sources such as wind and solar power. To meet these goals, BHE plans to retire an additional 16 coal generation units between 2023 and 2030, thereby transitioning towards a more sustainable energy portfolio. This initiative reflects a commitment to reducing reliance on fossil fuels and enhancing low-carbon generation capabilities. While specific emissions figures are not available, Berkshire Hathaway's proactive approach to climate action demonstrates its dedication to addressing climate change and reducing its environmental impact.
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.
