Beyond Meat Inc., a prominent name in the food industry, is headquartered in the United States. While primarily recognised for its plant-based protein products, the company operates within the broader food sector, with a focus on innovative alternatives to traditional meat. Founded in 2009, Beyond Meat has established itself as a leader in the plant-based movement, gaining notable market share and recognition for its sustainable approach.
Although its core offerings centre around meat substitutes, Beyond Meat’s commitment to environmental sustainability and health-conscious consumers sets it apart. The company’s products are designed to mimic the taste and texture of real meat, appealing to a growing demographic seeking ethical and eco-friendly dietary options. As a key player in the plant-based industry, Beyond Meat continues to expand its global footprint and influence in the food sector.
+11 vs industry average
Beyond Meat’s score of 18 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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Industry Intensity
Sugar Processing is among the most carbon-intensive industries
Industry performance
The Sugar Processing industry has reduced its overall emissions by 24% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Beyond Meat's reported carbon emissions
Beyond Meat's Carbon Emissions and Climate Commitments
Beyond Meat, headquartered in the US and operating within the sugar industry, reported a total of approximately 194.7 million kg CO2e in carbon emissions for 2023. This figure encompasses Scope 1, 2, and 3 emissions.
Of this total, Scope 1 emissions amounted to approximately 8.0 million kg CO2e, while Scope 2 emissions (market-based) were approximately 9.1 million kg CO2e. The majority of emissions, Scope 3, totalled approximately 176.7 million kg CO2e, with purchased goods and services accounting for approximately 93.1 million kg CO2e.
Beyond Meat has established near-term reduction targets. The company aims to reduce its Scope 1 emissions by 50% by 2030, using a 2020 baseline. Similarly, Scope 2 emissions are targeted for a 50% reduction by 2030, also from a 2020 baseline. The company also conducted a qualitative assessment of climate-related risks and opportunities in alignment with the TCFD framework in 2024, with long-term climate considerations extending to 2050.
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Beyond Meat’s Climate Goals (2030 & 2050)
4 goals2030
50% reduction in Scope 1
We aim to reduce our Scope 1 emissions by 50% by 2030 from a 2020 baseline.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 4 climate goals
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Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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