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Pernod Ricard
Pernod Ricard, a global leader in the spirits and wine industry, is headquartered in France and operates in over 70 countries. Founded in 1975 through the merger of Pernod and Ricard, the company has since established itself as a powerhouse in the production and distribution of premium alcoholic beverages. With a diverse portfolio that includes iconic brands such as Absolut Vodka, Jameson Irish Whiskey, and Chivas Regal, Pernod Ricard is renowned for its commitment to quality and innovation. The company has achieved significant milestones, including a strong market position as one of the top players in the global spirits market. Pernod Ricard's unique approach to blending tradition with modernity sets it apart, making it a preferred choice for consumers seeking exceptional taste and craftsmanship in their beverages.
DitchCarbon Score
How does Pernod Ricard's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Beverage Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Pernod Ricard's score of 69 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pernod Ricard's reported carbon emissions
In 2023, Pernod Ricard reported significant carbon emissions, with Scope 1 emissions totalling approximately 273,580,000 kg CO2e and Scope 2 emissions at about 28,127,000 kg CO2e globally. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 GHG emissions by 54% by 2030 from a FY2022 base year. Additionally, Pernod Ricard is committed to achieving net-zero greenhouse gas emissions across its entire value chain by FY2050. The company has also established long-term targets, including a 90% reduction in absolute Scope 1 and 2 emissions by FY2050, alongside a similar 90% reduction in Scope 3 emissions. For the near term, Pernod Ricard aims to cut Scope 3 emissions related to purchased goods and services and upstream transportation by 25% by 2030, with a more aggressive target of 30.3% for FLAG emissions within the same timeframe. Pernod Ricard's initiatives include a €50 million investment to ensure carbon neutrality at its distillery by the end of 2026, and the introduction of high-performance MVR technology for distillation. The company is also committed to achieving 100% renewable electricity sourcing by 2025. Overall, Pernod Ricard's climate strategy reflects a robust commitment to sustainability, aligning with industry standards and the Science Based Targets initiative (SBTi) to mitigate climate change impacts effectively.
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| 2018 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 250,542,000 | 000,000,000 | - | - | 000,000,000 |
| Scope 2 | 47,429,000 | 00,000,000 | - | - | 00,000,000 |
| Scope 3 | 3,873,667,000 | 0,000,000,000 | - | - | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Pernod Ricard is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
