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 51 is higher than 97% 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 Scope 1 emissions of about 178,001,000 kg CO2e, Scope 2 emissions of approximately 61,592,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 7,264,041,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 50% absolute reduction in both Scope 1 and Scope 2 emissions by 2030, using a 2018 baseline. Additionally, Hershey targets a 25% reduction in Scope 3 emissions over the same timeframe. Hershey has made notable progress, achieving a 43% reduction in Scope 1 and 2 emissions against its 2018 baseline as of 2023. The company is also committed to ensuring a deforestation and conversion-free supply chain for key commodities by December 31, 2025. These initiatives align with Hershey's broader sustainability goals and reflect its commitment to addressing climate change within the food and beverage processing sector.
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.