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Food Product Manufacturing
ZA
updated 3 months ago

Libstar Holdings Limited Sustainability Profile

Company website

Libstar Holdings Limited, headquartered in South Africa (ZA), is a prominent player in the fast-moving consumer goods (FMCG) sector. Founded in 2005, the company has established itself as a leader in the food and beverage industry, with a diverse portfolio that includes dairy, snacks, and ready-to-eat meals. With operations spanning across various regions in South Africa, Libstar is known for its commitment to quality and innovation. The company’s core products, which are crafted to meet evolving consumer preferences, stand out for their unique flavours and nutritional value. Libstar has achieved significant milestones, including strategic acquisitions that have bolstered its market position. As a trusted name in the FMCG landscape, Libstar Holdings Limited continues to drive growth and set industry standards through its dedication to excellence and sustainability.

DitchCarbon Score

How does Libstar Holdings Limited'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.

10

Industry Average

Mean score of companies in the Food Product 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.

15

Industry Benchmark

Libstar Holdings Limited's score of 10 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.

26%

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Libstar Holdings Limited's reported carbon emissions

In 2022, Libstar Holdings Limited reported total carbon emissions of approximately 238,721,000 kg CO2e. This figure includes Scope 1 emissions of about 59,393,000 kg CO2e, which comprise stationary combustion (approximately 48,635,000 kg CO2e) and fugitive emissions (about 3,050,000 kg CO2e). Scope 2 emissions, primarily from purchased electricity, accounted for approximately 76,863,000 kg CO2e. Additionally, Scope 3 emissions totalled around 102,187,000 kg CO2e, with significant contributions from business travel (approximately 436,000 kg CO2e) and purchased goods and services (about 1,392,000 kg CO2e). Despite the substantial emissions reported, Libstar Holdings has not set specific reduction targets or initiatives as part of their climate commitments. The company has disclosed emissions data for all three scopes, demonstrating transparency in their reporting practices. However, there are currently no climate pledges or SBTi (Science Based Targets initiative) commitments in place. Libstar's emissions data is not cascaded from any parent organization, indicating that the figures are independently reported. The company continues to monitor its carbon footprint, with a focus on improving sustainability practices in the future.

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2022
Scope 1
59,393,000
Scope 2
76,863,000
Scope 3
102,187,000

How Carbon Intensive is Libstar Holdings Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Libstar Holdings Limited's primary industry is Food Product Manufacturing, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Libstar Holdings Limited's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Libstar Holdings Limited is in ZA, which has a very high grid carbon intensity relative to other regions.

Libstar Holdings Limited's Scope 3 Categories Breakdown

A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 43% of total emissions under the GHG Protocol, with "Waste Generated in Operations" being the largest emissions source at 6% of Scope 3 emissions.

Top Scope 3 Categories

2022
Waste Generated in Operations
6%
Downstream Transportation & Distribution
6%
Purchased Goods and Services
1%
Business Travel
<1%

Libstar Holdings Limited's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Libstar Holdings Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Libstar Holdings Limited's Emissions with Industry Peers

Heinz

US
•
Food products nec
Updated 1 day ago

Danone

FR
•
Dairy products
Updated 5 days ago

Conagra Brands

US
•
Food products nec
Updated 20 days ago

Rcl

ZA
•
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated 22 days ago

Church And Dwight

US
•
Chemicals nec
Updated about 1 month ago

Colgate Palmolive

US
•
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated about 1 month ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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