McCormick & Company, Incorporated

McCormick & Company, Incorporated's reported carbon emissions

In 2024, McCormick & Company, Incorporated reported total greenhouse gas emissions of approximately 2,888,000,000 kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions were about 38,855,000 kg CO2e, Scope 2 emissions (market-based) were approximately 40,691,000 kg CO2e, and Scope 3 emissions totalled around 2,808,454,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 GHG emissions by 42% by FY2030 from a FY2020 baseline. Additionally, McCormick is committed to a 42% reduction in absolute Scope 3 emissions from purchased goods and services within the same timeframe. Long-term goals include a 90% reduction in absolute Scope 1 and 2 emissions by FY2050, alongside a similar 90% reduction in Scope 3 emissions, which encompasses various categories such as capital goods, fuel and energy-related activities, and waste generated in operations. These targets align with the Science Based Targets initiative (SBTi) and are classified as consistent with the reductions required to limit global warming to 1.5°C. McCormick's overarching goal is to achieve net-zero greenhouse gas emissions across its value chain by FY2050.