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 59 is higher than 75% 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 2022, The Absolut Company AB reported total carbon emissions of approximately 3,798,000 kg CO2e. This figure includes 1,495,000 kg CO2e from Scope 1 emissions, 72,000 kg CO2e from Scope 2 emissions, and 2,231,000 kg CO2e from Scope 3 emissions. The company has shown a reduction in total emissions from 4,342,000 kg CO2e in 2021 and 5,735,000 kg CO2e in 2020, indicating a positive trend in their climate performance. The Absolut Company AB is a current subsidiary of Pernod Ricard SA, which cascades its sustainability initiatives and targets. However, specific reduction targets or commitments from the Science Based Targets initiative (SBTi) or other climate pledges have not been disclosed for The Absolut Company AB itself. The company has engaged in innovative projects, such as co-investing in a hydrogen-fired glass furnace, aimed at reducing its carbon footprint associated with glass production. Overall, while The Absolut Company AB has made strides in reducing its carbon emissions, further transparency regarding specific climate commitments and targets would enhance its sustainability profile.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | 00,000 | 00,000 | 00,000 |
| Scope 3 | 12,500,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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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 established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
