Remy Cointreau

Remy Cointreau: Carbon Emissions and Climate Commitments

Remy Cointreau, a prominent player in the global beverages industry with headquarters in France, is actively engaged in reducing its environmental impact. The company has set ambitious targets, including achieving "Net Zero" emissions across its entire value chain by 2050. This long-term goal involves a 90% reduction in greenhouse gas emissions compared to the 2020/2021 baseline, with residual emissions being offset.

Carbon Emissions Data:

• 2025: Remy Cointreau reported a total of approximately 154,327,000 kg CO2e. This figure comprises:
  • Scope 1: Approximately 5,614,000 kg CO2e
  • Scope 2: Approximately 549,000 kg CO2e (market-based)
  • Scope 3: Approximately 148,163,000 kg CO2e
• 2024: Total emissions were approximately 167,459,000 kg CO2e, with Scope 1 emissions at roughly 7,564,000 kg CO2e and Scope 3 emissions at approximately 159,410,000 kg CO2e.
• 2023: The company recorded total emissions of approximately 197,287,000 kg CO2e, including Scope 1 emissions of around 8,452,000 kg CO2e and Scope 3 emissions of approximately 188,313,000 kg CO2e.
• 2022: Total emissions stood at approximately 148,483,000 kg CO2e, with Scope 1 emissions at roughly 6,120,000 kg CO2e and Scope 3 emissions at approximately 141,345,000 kg CO2e.
• 2021: Total emissions were approximately 175,540,000 kg CO2e, with Scope 1 emissions around 8,667,000 kg CO2e and Scope 3 emissions at approximately 166,211,000 kg CO2e.

Climate Commitments and Reduction Targets:

Remy Cointreau has aligned its emission reduction targets with the Science Based Targets initiative (SBTi), aiming for a 1.5°C pathway. Key commitments include:

• Net Zero by 2050: A commitment to achieve net-zero greenhouse gas emissions across the entire value chain by fiscal year 2050, based on a fiscal year 2020 baseline.
• Near-Term Scope 1 & 2 Reduction: A commitment to reduce absolute Scope 1 and 2 GHG emissions by 42% by fiscal year 2030, from a fiscal year 2020 baseline.
• Near-Term Scope 3 Reduction: A commitment to reduce absolute Scope 3 emissions from purchased goods and services, upstream transportation and distribution, and downstream transportation and distribution by 25% by fiscal year 2030, from a fiscal year 2020 base year.
• Renewable Electricity: An objective to increase the annual sourcing of renewable electricity to 100% by fiscal year 2025 and maintain this throughout fiscal year 2030.
• FLAG Targets: Specific commitments for reducing absolute Scope 1 and 3 FLAG (Forest, Land, and Agriculture) GHG emissions by 30.3% by fiscal year 2030 and 90% by fiscal year 2050 from a fiscal year 2020 base year, while maintaining no deforestation across its primary deforestation-linked commodities.

These targets underscore Remy Cointreau's dedication to climate action within the beverages sector.