Premium Brands Holdings Sustainability Profile
Premium Brands Holdings Corporation, headquartered in Canada, is a leading player in the food industry, specialising in the production and distribution of high-quality, value-added food products. Founded in 2001, the company has achieved significant milestones, including strategic acquisitions that have expanded its operational footprint across North America. With a diverse portfolio that includes gourmet meats, specialty foods, and ready-to-eat meals, Premium Brands distinguishes itself through its commitment to quality and innovation. The company’s focus on premium ingredients and sustainable practices has solidified its market position, making it a trusted name among consumers and retailers alike. Recognised for its exceptional product offerings, Premium Brands continues to thrive in a competitive landscape, driving growth and setting industry standards.
DitchCarbon Score
How does Premium Brands Holdings'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 Furniture 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
Premium Brands Holdings's score of 34 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Premium Brands Holdings's reported carbon emissions
In 2023, Premium Brands Holdings reported total carbon emissions of approximately 48,550,000 kg CO2e for Scope 1 and about 37,756,000 kg CO2e for Scope 2, resulting in combined emissions of around 86,306,000 kg CO2e. This data reflects a slight decrease in Scope 1 emissions from 48,963,000 kg CO2e in 2022 and a notable increase in Scope 2 emissions from 33,021,000 kg CO2e in the same year. The company has set ambitious climate commitments, aiming for a 25% reduction in gross greenhouse gas (GHG) emissions for both Scope 1 and Scope 2 by 2030. Furthermore, Premium Brands Holdings aspires to achieve net zero emissions for these scopes by 2030, with a long-term goal of net zero emissions extending to 2050. These targets demonstrate the company's commitment to addressing its carbon footprint and aligning with industry standards for climate action. The emissions data and reduction initiatives are sourced directly from Premium Brands Holdings Corporation, with no cascaded data from parent or related organizations.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 46,750,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 35,637,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Premium Brands Holdings's Industry?
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Premium Brands Holdings's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Premium Brands Holdings has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
