Panera Bread

Panera Bread's reported carbon emissions

In 2023, Panera Bread reported total carbon emissions of approximately 2.04 billion kg CO2e. This figure includes Scope 1 emissions of about 90.4 million kg CO2e, Scope 2 emissions of approximately 124.4 million kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 1.82 billion kg CO2e. The Scope 3 emissions primarily stem from purchased goods and services, which accounted for about 1.06 billion kg CO2e. Comparatively, in 2022, Panera Bread's total emissions were approximately 2.11 billion kg CO2e, indicating a slight reduction in emissions year-on-year. The company has been actively involved in climate initiatives, although it has not committed to a net-zero target as of now. Panera Bread is a member of the Business Ambition for 1.5°C initiative, demonstrating its commitment to aligning with climate science. However, it has recently removed its near-term reduction targets, which may impact its future emissions strategy. The emissions data is cascaded from its parent company, Panera Bread Company, ensuring consistency in reporting across its corporate family. Overall, while Panera Bread has made strides in reducing its carbon footprint, the absence of long-term reduction targets and net-zero commitments raises questions about its future climate strategy.