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.
-2 vs industry average
Freshpet’s score of 16 is lower than 41% 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 operating in the animal products nec industry, is committed to achieving carbon neutrality across scopes 1, 2, and 3 by 2025. This target involves a combination of source reduction and the use of offsets.
For the reporting year 2023, Freshpet reported Scope 1 and 2 emissions totalling approximately 29,800,000 kg CO2e. In 2022, their combined Scope 1 and 2 emissions were about 24,000,000 kg CO2e, a rise from approximately 20,100,000 kg CO2e in 2021. Emissions for 2020 were approximately 15,500,000 kg CO2e, with an additional reported intensity of 348,300 tonnes CO2e for Scope 1, 2, and 3 emissions including CAPEX spending.
Freshpet's sustainability report for 2023 acknowledges missing data points for Scope 3 purchased goods and services, and total Scope 1 emissions. The company aims to use a combination of source reduction and offsets to reach its carbon neutrality goals.
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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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