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The Hershey Company, commonly known as Hershey, is a leading player in the global beverages industry, headquartered in the United States. Founded in 1894 by Milton S. Hershey, the company has evolved from its origins in chocolate manufacturing to encompass a diverse range of beverage products, including cocoa and chocolate-flavoured drinks.
With a strong presence in North America and expanding operations in international markets, Hershey has established itself as a household name synonymous with quality and innovation. The company’s core offerings, such as Hershey's Chocolate Syrup and various cocoa products, are distinguished by their rich flavours and commitment to high-quality ingredients.
Hershey's notable achievements include its position as one of the largest chocolate manufacturers in the world, consistently ranking among the top brands in consumer preference. Through strategic growth and a focus on sustainability, Hershey continues to shape the future of the beverage industry.
65
DitchCarbon score
+37 vs industry average
Hershey’s score of 65 is higher than 76% 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
High
Beverage Manufacturing has above-average carbon intensity
Industry performance
0.374
20182025
The Beverage Manufacturing industry has reduced its overall emissions by 34% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Hershey's reported carbon emissions
Hershey's climate commitments include Science Based Targets initiative (SBTi) validated goals. The company aims to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 50% by 2030, against a 2018 baseline. Additionally, Hershey commits to reducing absolute Scope 3 GHG emissions by 30% over the same timeframe. The company is also targeting a deforestation and conversion-free supply chain for cocoa, palm oil, pulp and paper (packaging), and direct soy by 31 December 2025.
In 2024, Hershey reported total emissions of approximately 6.62 billion kg CO2e. This included Scope 1 emissions of approximately 190.98 million kg CO2e, Scope 2 market-based emissions of approximately 53.0 million kg CO2e, and Scope 3 emissions of approximately 6.38 billion kg CO2e. Key contributors to Scope 3 emissions included purchased goods and services at approximately 5.33 billion kg CO2e, and upstream and downstream transportation and distribution, accounting for approximately 320.79 million kg CO2e and 317.86 million kg CO2e respectively.
Looking back, in 2023, total emissions were approximately 7.50 billion kg CO2e, with Scope 1 at about 178.0 million kg CO2e, Scope 2 market-based at around 61.59 million kg CO2e, and Scope 3 at roughly 7.26 billion kg CO2e. This indicates a decrease in total emissions from 2023 to 2024.
Hershey has also reported progress towards its 2030 targets, achieving a 43% reduction in Scope 1 and 2 emissions against its 2018 baseline as of 2023, and states it is on track to meet the 50% absolute reduction goal by 2030.
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Hershey’s Climate Goals (2030 & 2050)
3 goals2030
50% reduction in Scope 2
The Hershey Company commits to reduce absolute scope 2 GHG emissions 50% by 2030 from a 2018 base year.
On track50%
2030
50% reduction in Scope 1
The Hershey Company commits to reduce absolute scope 1 GHG emissions 50% by 2030 from a 2018 base year.
Behind target50%
2030
30% reduction in scope 3 total
The Hershey Company also commits to reduce absolute scope 3 GHG emissions 30% over the same timeframe.
Behind target30%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
See details
Active
Carbon Disclosure Project
2025 disclosureSee details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
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Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Hershey2 months ago
65
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Frequently asked questions
Common questions about Hershey’s sustainability data and climate commitments
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