Freshpet, Inc., headquartered in the United States, is a leading player in the animal products nec industry, specialising in fresh, refrigerated pet food. Founded in 2006, the company has made significant strides in promoting healthier diets for pets, with a focus on natural ingredients and minimal processing. Freshpet's unique offerings include a range of fresh dog and cat food products, which are crafted to provide optimal nutrition without artificial preservatives.
With a commitment to quality, Freshpet has established a strong market position, becoming a trusted choice for pet owners seeking wholesome alternatives to traditional pet food. The company operates primarily in North America, with its products available in major retail outlets across the region. Freshpet's dedication to innovation and pet health has garnered notable achievements, solidifying its reputation as a pioneer in the fresh pet food sector.
-3 vs industry average
Freshpet’s score of 15 is lower than 39% 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
Meat Processing is among the most carbon-intensive industries
Industry performance
The Meat Processing industry has increased its overall emissions by 290% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Freshpet's reported carbon emissions
Freshpet, a US-based company in the animal products sector, is committed to achieving carbon neutrality across scopes 1, 2, and 3 by 2025. This target will be met through a combination of source reduction and offsets. In terms of emissions, Freshpet reported the following for its scope 1 and 2 emissions: * **2023:** Approximately 29.8 million kg CO2e * **2022:** Approximately 24 million kg CO2e * **2021:** Approximately 20.1 million kg CO2e * **2020:** Approximately 15.5 million kg CO2e The company's sustainability report for 2023 also mentions GHG Intensity for Scope 1 + 2 + 3 emissions, including CAPEX spending, as approximately 348,300 tonnes CO2e for the year 2020. Freshpet's emissions data is reported globally and does not appear to be cascaded from a parent organisation. The company is actively working towards its near-term targets, aiming for carbon neutrality by 2025.
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Freshpet’s Climate Goals (2030 & 2050)
2 goals2025
Additionally, we plan to be carbon neutral across scopes 1,…
Additionally, we plan to be carbon neutral across scopes 1, 2, and 3 by 2025 using a combination of source reduction and offsets.
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.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Freshpet
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