New Belgium Brewing Company

New Belgium Brewing Company, a US-based sugar industry company, reported total emissions of approximately 285,663,000 kg CO2e in 2025. This included Scope 1 emissions of approximately 18,075,000 kg CO2e, Scope 2 (location-based) emissions of approximately 14,410,000 kg CO2e, and Scope 3 emissions of approximately 398,688,000 kg CO2e. Key contributors to Scope 3 emissions in 2025 included upstream transportation and distribution at approximately 55,911,000 kg CO2e, use of sold products at approximately 20,372,000 kg CO2e, and downstream transportation and distribution at approximately 9,425,000 kg CO2e. The company's 2024 emissions were approximately 286,155,000 kg CO2e, with Scope 1 emissions of approximately 21,125,000 kg CO2e, Scope 2 (location-based) emissions of approximately 16,225,000 kg CO2e, and Scope 3 emissions of approximately 402,842,000 kg CO2e. In 2023, the total emissions were approximately 231,880,000 kg CO2e, comprising Scope 1 emissions of approximately 23,476,000 kg CO2e and Scope 2 (market-based) emissions of approximately 15,192,000 kg CO2e.

New Belgium Brewing Company has set a near-term target to reduce absolute Scope 1 and Scope 2 GHG emissions by 55% by 2030, using a 2019 baseline. The company also aims for all its brands to be certified carbon neutral by 2030. Furthermore, as a current subsidiary of Kirin Holdings Company, Limited, New Belgium Brewing Company cascades its ultimate parent's climate commitments. These include a long-term net-zero greenhouse gas emissions target across the value chain by 2050 from a 2019 base year, with a 90% reduction in total emissions, which is validated by the Science-Based Targets initiative (SBTi).