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Panera Bread, often simply referred to as Panera, stands as a prominent American chain of bakery-cafes. Headquartered in the US, this well-established brand operates extensively across North America, offering a distinctive dining experience.
Founded in 1987 as St. Louis Bread Company before rebranding, Panera Bread has grown to become a leader in the hotel and restaurant services industry. They are renowned for their freshly baked goods, including artisan bread, bagels, and pastries, alongside a diverse menu of soups, salads, and sandwiches.
Panera's commitment to clean ingredients and wholesome options differentiates it in the competitive fast-casual market. This focus has solidified its position as a go-to destination for high-quality, convenient meals, catering to a health-conscious clientele.
-9 vs industry average
Panera Bread’s score of 17 is lower than 41% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hospitality has typical carbon intensity
The Hospitality industry has reduced its overall emissions by 32% since 2018
Scope 3 accounts for ••• of total emissions.
Panera Bread, a US-based company in the hotel and restaurant services industry, reported total carbon emissions of approximately 2.037 billion kg CO2e in 2023. This figure includes Scope 1 emissions of about 90.4 million kg CO2e, Scope 2 emissions (market-based) of approximately 124.4 million kg CO2e, and Scope 3 emissions of roughly 1.822 billion kg CO2e. Key contributors to Scope 3 emissions in 2023 included purchased goods and services (approximately 1.057 billion kg CO2e), franchises (about 164 million kg CO2e), and downstream transportation and distribution (approximately 145.8 million kg CO2e).
For comparison, in 2022, Panera Bread's total emissions were around 2.109 billion kg CO2e, comprising Scope 1 emissions of approximately 96.7 million kg CO2e, Scope 2 emissions (market-based) of about 126.6 million kg CO2e, and Scope 3 emissions of roughly 1.885 billion kg CO2e. The company also reported Scope 1 and 2 GHG intensity values of 44.0 kg CO2e per square foot in 2023, down from 48.0 kg CO2e per square foot in 2022.
Panera Bread's climate commitments indicate previous engagement with the Science Based Targets initiative (SBTi), where it was listed as a "BA1.5 member" as of September 2021. However, its near-term target status with SBTi is currently "Commitment removed" or "Removed," indicating a lapse or withdrawal of its previous commitments. The company has not committed to net-zero targets. Emissions data for Panera Bread is inherited from its direct parent company, Panera Bread Company.
No climate goals have been disclosed for Panera Bread yet.
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