Kerry

Kerry, an IE-based food products manufacturer, reported total emissions of approximately 9.32 billion kg CO2e in 2024. This included about 433.6 million kg CO2e from Scope 1 emissions, and approximately 28.7 million kg CO2e from market-based Scope 2 emissions. Scope 3 emissions accounted for roughly 8.86 billion kg CO2e. Looking ahead to 2025, the company projects total emissions of about 7.07 billion kg CO2e, comprising around 334.3 million kg CO2e from Scope 1, approximately 27 million kg CO2e from market-based Scope 2, and roughly 6.71 billion kg CO2e from Scope 3.

Kerry is committed to achieving net-zero greenhouse gas emissions across its value chain by 2049, as validated by the Science Based Targets initiative (SBTi). The company has set near-term targets to reduce absolute Scope 1 and 2 GHG emissions by 55% by 2030, against a 2017 base year. Additionally, Kerry aims to reduce absolute Scope 3 Forest, Land and Agriculture (FLAG) GHG emissions by 30.3% and absolute Scope 3 non-FLAG emissions (from purchased goods and services, upstream transportation and distribution, and processing of sold products) by 25% by 2030, both against a 2022 base year. The company also commits to no deforestation across its primary deforestation-linked commodities by the end of 2025.

Long-term targets include a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2049 from a 2017 base year. Furthermore, Kerry aims to reduce absolute Scope 3 GHG emissions (from purchased goods and services, fuel and energy related activities, upstream and downstream transportation and distribution, processing of sold products, and end-of-life treatment of sold products) by 90% and absolute Scope 3 FLAG GHG emissions by 72% by 2049, both against a 2022 base year. Kerry achieved a 48% reduction in Scope 1 and 2 emissions over its 2017 baseline by the end of 2022.