Pernod Ricard

Pernod Ricard's climate commitments include a net-zero greenhouse gas emissions target across its value chain by FY2050, validated by the Science Based Targets initiative (SBTi). The company has near-term and long-term SBTi targets.

For near-term targets, Pernod Ricard aims to reduce absolute Scope 1 and 2 GHG emissions by 54.0% by FY2030, from a FY2022 base year. Additionally, it plans to reduce absolute Scope 3 GHG emissions, specifically from purchased goods and services and upstream transportation and distribution, by 25.0% within the same timeframe. Absolute Scope 3 FLAG (Forest, Land and Agriculture) GHG emissions are targeted for a 30.3% reduction by FY2030 from a FY2022 base year. The company also commits to no deforestation across its primary deforestation-linked commodities by 31 December 2025.

For long-term targets, Pernod Ricard is committed to reducing absolute Scope 1 and 2 GHG emissions by 90.0% by FY2050, from a FY2022 base year. Absolute Scope 3 GHG emissions are also targeted for a 90.0% reduction within the same timeframe, while absolute Scope 3 FLAG GHG emissions are aimed for a 72.0% reduction.

In terms of emissions data, Pernod Ricard reported the following:

• 2025: Scope 1 emissions were approximately 176.1 million kg CO2e, Scope 2 emissions were about 13.4 million kg CO2e, and Scope 3 emissions were approximately 3.04 billion kg CO2e.
• 2024: Scope 1 emissions were approximately 211.4 million kg CO2e, Scope 2 emissions were about 21.7 million kg CO2e, and Scope 3 emissions were approximately 3.07 billion kg CO2e.
• 2023: Scope 1 emissions were approximately 211.4 million kg CO2e, Scope 2 (market-based) emissions were about 21.7 million kg CO2e, and Scope 3 emissions were approximately 4.83 billion kg CO2e.
• 2022: Combined Scope 1 and 2 emissions were approximately 302.0 million kg CO2e.
• 2021: Scope 1 emissions were approximately 291.1 million kg CO2e, Scope 2 (market-based) emissions were about 36.4 million kg CO2e, and Scope 3 emissions were approximately 3.44 billion kg CO2e.
• 2020: Scope 1 emissions were approximately 255.4 million kg CO2e, Scope 2 (market-based) emissions were about 29.6 million kg CO2e, and Scope 3 emissions were approximately 2.30 billion kg CO2e, which included purchased goods and services (about 1.84 billion kg CO2e), capital goods (about 224.5 million kg CO2e), and upstream and downstream transportation and distribution (approximately 133.5 million kg CO2e and 217.7 million kg CO2e respectively).
• 2018: Scope 1 emissions were approximately 250.5 million kg CO2e, Scope 2 (market-based) emissions were about 47.4 million kg CO2e, and Scope 3 emissions were approximately 3.86 billion kg CO2e, which included purchased goods and services (about 3.12 billion kg CO2e), capital goods (about 298.6 million kg CO2e), and upstream transportation and distribution (approximately 286.6 million kg CO2e).
• 2010: Scope 1 emissions were approximately 259.9 million kg CO2e, and Scope 2 emissions were about 97.8 million kg CO2e.

Pernod Ricard has also committed to increasing its annual sourcing of renewable electricity to 100% by 2025 from 74.5% in 2018. Specific initiatives include Chivas Brothers Limited's introduction of high-performance MVR technology for distillation to achieve carbon-neutral distillation by 2026. An additional investment of €50 million is allocated to projects ensuring an existing distillery is carbon neutral by the end of 2026. The company also previously aimed for a 10% reduction in energy consumption per unit produced across all production sites between 2008 and 2012.