Hershey

Hershey's reported carbon emissions

The Hershey Company, headquartered in the US, reported a total of approximately 6.6 billion kg CO2e in emissions for 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions accounted for about 191 million kg CO2e, Scope 2 emissions (market-based) were approximately 53 million kg CO2e, and Scope 3 emissions totalled around 6.4 billion kg CO2e. The largest contributor within Scope 3 was purchased goods and services, amounting to approximately 5.3 billion kg CO2e. In 2023, Hershey's total emissions were approximately 7.5 billion kg CO2e, with Scope 3 being the largest component at roughly 7.3 billion kg CO2e. Scope 1 emissions were about 178 million kg CO2e, and Scope 2 (market-based) emissions were approximately 61.6 million kg CO2e. Hershey has set ambitious climate targets. It aims for a 50% absolute reduction in Scope 1 and 2 greenhouse gas (GHG) emissions by 2030, using a 2018 baseline. Additionally, the company is committed to reducing its absolute Scope 3 GHG emissions by 30% by the same year, also against a 2018 baseline. These Science Based Targets initiative (SBTi) commitments are aligned with keeping warming to 1.5°C. Furthermore, Hershey is working towards a deforestation and conversion-free supply chain for key commodities, with a target of December 31, 2025. The company reports progress and efforts to stay on track with its reduction goals.