Teavana Holdings, Inc. Sustainability Profile
Teavana Holdings, Inc., a prominent name in the specialty tea industry, is headquartered in the United States. Founded in 1997, the company has established itself as a leader in premium loose-leaf teas and tea-related products, catering to a discerning clientele across North America. Teavana is renowned for its unique blends and high-quality ingredients, offering an extensive range of flavours that elevate the tea-drinking experience. With a focus on innovation, Teavana has achieved significant milestones, including its acquisition by Starbucks in 2012, which expanded its market reach and brand recognition. The company’s core offerings include a variety of loose-leaf teas, tea accessories, and curated tea experiences, setting it apart in a competitive market. Teavana's commitment to quality and customer engagement has solidified its position as a go-to destination for tea enthusiasts.
DitchCarbon Score
How does Teavana Holdings, Inc.'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 Food Product 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
Teavana Holdings, Inc.'s score of 62 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Teavana Holdings, Inc., headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. However, the company is part of a corporate family relationship with Starbucks Corporation, from which it inherits climate commitments and initiatives. Teavana's climate commitments are aligned with those of Starbucks Corporation, which has set ambitious targets for reducing greenhouse gas emissions. These targets are cascaded down to Teavana, reflecting a commitment to sustainability and climate action. Starbucks has engaged in various initiatives, including the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all aimed at reducing emissions across its operations. While specific reduction targets for Teavana are not detailed, the overarching goals from Starbucks Corporation suggest a focus on significant emissions reductions in the coming years. The company is committed to addressing its carbon footprint and contributing to broader climate goals, although precise metrics and timelines for Teavana's specific initiatives remain unspecified.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 339,713,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 324,413,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 12,219,113,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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Teavana Holdings, Inc.'s Scope 3 Categories Breakdown
Teavana Holdings, Inc.'s Scope 3 emissions, which increased by 1% last year and increased by approximately 3% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 63% of Scope 3 emissions.
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Teavana Holdings, Inc.'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.
Teavana Holdings, Inc. 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.
