McCormick & Company, Incorporated

McCormick & Company, Incorporated, a US-headquartered company in the Chemicals nec industry, reported its most recent greenhouse gas emissions for 2024. The company's Scope 1 emissions were approximately 38,855,000 kg CO2e, and Scope 2 market-based emissions were about 40,691,000 kg CO2e. Scope 3 emissions for 2024 totalled approximately 3,966,742,000 kg CO2e, with significant contributions from purchased goods and services (about 3,205,833,000 kg CO2e) and upstream transportation and distribution (about 339,234,000 kg CO2e).

McCormick & Company has committed to several Science Based Targets initiative (SBTi) reduction targets. The company aims to reduce absolute Scope 1 and 2 GHG emissions by 42% by fiscal year 2030, using a fiscal year 2020 base year. Additionally, it commits to reducing absolute Scope 3 GHG emissions from purchased goods and services by 42% within the same timeframe. For long-term goals, McCormick & Company aims for net-zero greenhouse gas emissions across its value chain by fiscal year 2050. This includes a 90% reduction in absolute Scope 1 and 2 GHG emissions by FY2050 from a FY2020 base year. Similarly, it targets a 90% reduction in absolute Scope 3 GHG emissions by FY2050, covering categories such as purchased goods and services, capital goods, fuel and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, and employee commuting. These targets have been set and classified as consistent with reductions required to keep warming to 1.5°C.