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New Belgium Brewing Company, often referred to simply as New Belgium, is a prominent player in the sugar industry, headquartered in Fort Collins, Colorado, USA. Founded in 1991, the brewery has made significant strides in the craft beer market, becoming well-known for its innovative brewing techniques and commitment to sustainability.
With a diverse portfolio of beers, including the iconic Fat Tire Amber Ale, New Belgium stands out for its use of high-quality ingredients and unique flavour profiles. The company has garnered numerous awards, solidifying its position as a leader in the craft brewing sector. Notably, New Belgium is recognised for its environmental initiatives, making it a pioneer in sustainable brewing practices. As it continues to expand its reach across the United States, New Belgium Brewing Company remains dedicated to crafting exceptional beers that resonate with consumers.
+69 vs industry average
New Belgium Brewing Company’s score of 76 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sugar Processing is among the most carbon-intensive industries
The Sugar Processing industry has reduced its overall emissions by 24% since 2018
Scope 3 accounts for ••• of total emissions.
New Belgium Brewing Company, a US-headquartered Sugar industry company, reported approximately 285,663 metric tonnes CO2e in total carbon emissions for 2025. This includes about 18,075 tonnes CO2e from Scope 1 emissions, 14,410 tonnes CO2e from Scope 2 (location-based), and 250,192 tonnes CO2e from Scope 3 emissions. Key Scope 3 contributors for 2025 were upstream transportation and distribution at approximately 55,911 tonnes CO2e, and use of sold products at around 20,372 tonnes CO2e. For 2024, total emissions were approximately 286,155 tonnes CO2e, with Scope 1 at about 21,125 tonnes CO2e, Scope 2 (location-based) at approximately 16,225 tonnes CO2e, and Scope 3 at about 247,198 tonnes CO2e.
New Belgium Brewing Company has committed to reducing absolute Scope 1 and Scope 2 GHG emissions by 55% by 2030, using a 2019 baseline. The company also states that all its brands will be certified carbon neutral by 2030. Furthermore, New Belgium Brewing Company inherits its long-term net-zero greenhouse gas emissions target from its ultimate parent company, Kirin Holdings Company, Limited. This target, validated by the Science-Based Targets initiative (SBTi), aims for net-zero across the value chain by 2050 from a 2019 base year, including a 90% reduction in total emissions.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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