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.
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.
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.
Hershey's score of 46 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, The Hershey Company reported total greenhouse gas emissions of approximately 7,503,635,000 kg CO2e. This includes 178,001,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 61,592,000 kg CO2e from Scope 2 emissions, which are indirect emissions from the generation of purchased electricity. The majority of their emissions, about 7,264,041,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions in the 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 30% reduction in absolute Scope 3 emissions over the same timeframe. These targets include biogenic emissions and removals from bioenergy feedstocks, reflecting a comprehensive approach to sustainability. The company has also committed to no deforestation across its primary deforestation-linked commodities by December 31, 2025, further demonstrating its dedication to environmental stewardship. Hershey's initiatives align with industry standards for climate action, contributing to global efforts to mitigate climate change.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2013 | 2014 | 2015 | 2016 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
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 |
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 participating in some of the initiatives that 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.