The Absolut Company AB Sustainability Profile
The Absolut Company AB, commonly known as Absolut, is a leading player in the global spirits industry, headquartered in Sweden (SE). Founded in 1879, the company has established itself as a pioneer in vodka production, renowned for its commitment to quality and innovation. With a strong operational presence in Europe and North America, Absolut is celebrated for its distinctive vodka, crafted using a unique continuous distillation process that ensures purity and flavour. Absolut's core product line includes its iconic vodka, available in a variety of flavours, which sets it apart in a competitive market. The brand has achieved notable milestones, including its status as one of the best-selling premium vodkas worldwide. With a focus on sustainability and creativity, The Absolut Company AB continues to lead the industry, making significant contributions to both the spirits market and cultural landscapes.
DitchCarbon Score
How does The Absolut Company AB'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 Beverage 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
The Absolut Company AB's score of 96 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Absolut Company AB's reported carbon emissions
In 2024, The Absolut Company AB reported total carbon emissions of approximately 163,619,000 kg CO2e. This figure includes 16,051,000 kg CO2e from Scope 1 emissions, 424,000 kg CO2e from Scope 2 emissions (market-based), and a significant 147,144,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions encompass various categories, with the largest contributions from purchased goods and services (98,110,000 kg CO2e) and upstream transportation and distribution (22,978,000 kg CO2e). In comparison, the 2023 emissions were approximately 181,644,000 kg CO2e, indicating a reduction in total emissions year-on-year. The breakdown for 2023 included 16,974,000 kg CO2e from Scope 1, 837,000 kg CO2e from Scope 2 (market-based), and 163,833,000 kg CO2e from Scope 3. The company has not specified any formal reduction targets or commitments, as indicated by the absence of documented reduction initiatives or SBTi targets. However, it is important to note that The Absolut Company AB is a current subsidiary of Pernod Ricard SA, which may influence its climate strategies and reporting practices. Overall, The Absolut Company AB's emissions data reflects a substantial reliance on Scope 3 emissions, highlighting the importance of addressing supply chain impacts in their climate commitments.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 17,728,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 27,769,000 | 00,000 | 00,000 | 00,000 | 000,000 | 000,000 |
| Scope 3 | 182,551,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 |
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The Absolut Company AB's Scope 3 Categories Breakdown
The Absolut Company AB's Scope 3 emissions, which decreased by 10% last year and decreased by approximately 19% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 67% of Scope 3 emissions.
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The Absolut Company AB'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.
The Absolut Company AB 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.
