Public Profile

Hershey

The Hershey Company, commonly known as Hershey, is a leading American confectionery manufacturer headquartered in Hershey, Pennsylvania. Founded in 1894 by Milton S. Hershey, the company has grown to become a global powerhouse in the chocolate and snack industry, with significant operations across North America and beyond. Hershey is renowned for its iconic chocolate bars, including the classic Hershey's Milk Chocolate Bar, Reese's Peanut Butter Cups, and Kit Kat. These products stand out for their quality and unique flavour profiles, appealing to a diverse consumer base. Over the years, Hershey has achieved notable milestones, including the introduction of innovative products and sustainable sourcing initiatives, solidifying its position as a market leader in the confectionery sector.

DitchCarbon Score

How does Hershey'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.

41

Industry Average

Mean score of companies in the Beverage Manufacturing 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.

3

Industry Benchmark

Hershey's score of 41 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Hershey's reported carbon emissions

In 2023, The Hershey Company reported total greenhouse gas emissions of approximately 7,503,635,000 kg CO2e, comprising 178,001,000 kg CO2e from Scope 1 and 61,592,000 kg CO2e from Scope 2 emissions. The company also disclosed significant Scope 3 emissions, amounting to about 7,264,041,000 kg CO2e, which includes emissions from its value chain. Hershey has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using 2018 as the base year. Additionally, the company targets a 25% reduction in absolute Scope 3 emissions over the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and include biogenic emissions and removals from bioenergy feedstocks. The Hershey Company is also committed to no deforestation across its primary deforestation-linked commodities by December 31, 2025, further enhancing its sustainability efforts.

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201220132014201520162020202120222023
Scope 1
115,333,000
000,000,000
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
258,152,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hershey's primary industry is Beverages, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Hershey is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Hershey is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers