Pernod Ricard

Pernod Ricard's Climate Commitments and Emissions Overview

Pernod Ricard, headquartered in France, is committed to ambitious climate action. The company aims to achieve net-zero greenhouse gas emissions across its value chain by 2050.

Emissions Data:

• 2025: The company reported total emissions of approximately 1.92 billion kg CO2e. This includes Scope 1 emissions of about 176.12 million kg CO2e, Scope 2 emissions of approximately 13.41 million kg CO2e, and Scope 3 emissions of around 3.04 billion kg CO2e.
• 2024: Total emissions were approximately 1.99 billion kg CO2e, comprising Scope 1 emissions of about 211.40 million kg CO2e, Scope 2 emissions of approximately 21.73 million kg CO2e, and Scope 3 emissions of around 3.07 billion kg CO2e.
• 2023: Total emissions were approximately 263.22 million kg CO2e. Scope 1 emissions were about 273.58 million kg CO2e, and Scope 2 emissions (market-based) were approximately 28.13 million kg CO2e. Scope 3 emissions were significant, with purchased goods and services accounting for approximately 3.63 billion kg CO2e and upstream transportation and distribution at about 400.00 million kg CO2e.
• 2022: The company reported combined Scope 1 and 2 emissions of approximately 302 million kg CO2e.
• 2021: Combined Scope 1 and 2 emissions were approximately 295 million kg CO2e.
• 2020: Total emissions were approximately 2.55 billion kg CO2e (Scope 1: 255.42 million kg CO2e, Scope 2 market-based: 29.56 million kg CO2e). Scope 3 emissions from purchased goods and services were approximately 1.84 billion kg CO2e.
• 2018: Total emissions were approximately 3.37 billion kg CO2e, with Scope 1 at about 250.54 million kg CO2e and Scope 2 market-based emissions at approximately 47.43 million kg CO2e.

Climate Targets and Initiatives:

Pernod Ricard has set a range of targets aligned with climate science:

• Near-Term Targets:
  • A 54% reduction in absolute Scope 1 and 2 GHG emissions by 2030, against a 2022 base year, in line with a 1.5°C trajectory.
  • A 25% reduction in absolute Scope 3 GHG emissions related to purchased goods and services and upstream transportation and distribution by 2030, against a 2022 base year.
  • A 30.3% reduction in absolute Scope 3 Forest, Land and Agriculture (FLAG) GHG emissions by 2030, against a 2022 base year.
  • Commitment to zero deforestation across its primary deforestation-linked commodities by the end of 2025.
  • Chivas Brothers Limited aims for carbon-neutral distillation by 2026, with an additional investment of €50 million to ensure existing distilleries are carbon neutral by the end of 2026.
  • A previous target to reduce energy consumption by 10% per unit produced between 2008 and 2012 was mentioned.
• Long-Term Targets:
  • A 90% reduction in absolute Scope 1 and 2 GHG emissions by 2050, against a 2022 base year.
  • A 90% reduction in absolute Scope 3 GHG emissions by 2050.
  • A 72% reduction in absolute Scope 3 FLAG GHG emissions by 2050.

Pernod Ricard's climate strategy is validated by the Science Based Targets initiative (SBTi) as being in line with a 1.5°C pathway. The company is also a member of the Business Ambition for 1.5°C initiative.