Yeti Holdings Sustainability Profile
Yeti Holdings, Inc., commonly known as YETI, is a leading American company headquartered in Austin, Texas. Founded in 2006, YETI has established itself in the outdoor lifestyle industry, specialising in premium coolers, drinkware, and outdoor gear. The brand is renowned for its innovative designs and exceptional durability, catering to outdoor enthusiasts and adventurers across the United States and beyond. YETI's core products, including the iconic YETI Tundra coolers and Rambler drinkware, are distinguished by their high-performance insulation and rugged construction. Over the years, the company has achieved significant milestones, including a successful IPO in 2018, solidifying its position as a market leader. With a commitment to quality and a strong brand presence, YETI continues to redefine outdoor experiences for its loyal customer base.
DitchCarbon Score
How does Yeti 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
Yeti Holdings's score of 40 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Yeti Holdings's reported carbon emissions
In 2023, Yeti Holdings, Inc. reported total carbon emissions of approximately 513,056,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 513,056,000 kg CO2e. Scope 1 emissions were reported at 218,000 kg CO2e, while Scope 2 emissions totalled 774,000 kg CO2e (market-based). The combined Scope 1 and 2 emissions reached about 992,000 kg CO2e. Comparatively, in 2022, Yeti's total emissions were approximately 414,206,000 kg CO2e for Scope 3, with Scope 1 and 2 emissions totalling about 1,190,000 kg CO2e. This indicates a notable increase in Scope 3 emissions year-on-year. Yeti Holdings has made commitments towards reducing its carbon footprint, although specific reduction targets have been removed or expired. As of January 2023, the company is classified as having a near-term target status of "Committed," but it has not set a net-zero target. The company operates within the Consumer Durables sector in the United States and is focused on improving its sustainability practices. Overall, Yeti Holdings is actively monitoring its emissions and has shown a commitment to addressing its environmental impact, although further clarity on long-term reduction strategies would be beneficial.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 573,000 | - | 000,000 | 000,000 |
| Scope 2 | 2,042,000 | - | 000,000 | 000,000 |
| Scope 3 | 211,372,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Yeti Holdings's Industry?
How Carbon Intensive is Yeti Holdings's Location?
Yeti Holdings's Scope 3 Categories Breakdown
Yeti Holdings's Scope 3 emissions, which increased by 24% last year and increased by approximately 143% since 2020, 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 82% of Scope 3 emissions.
Top Scope 3 Categories
Yeti 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.
Yeti 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.
