Bacardi Sustainability Profile
Bacardi Limited, a renowned name in the spirits industry, is headquartered in Bermuda (BM) and operates extensively across the Americas, Europe, and Asia. Founded in 1862, Bacardi has established itself as a leader in the production of premium rum and other spirits, with a rich heritage that includes key milestones such as the introduction of the iconic Bacardi rum. The company’s core offerings include a diverse range of rums, vodkas, and whiskies, distinguished by their unique flavours and artisanal craftsmanship. Bacardi's commitment to quality and innovation has solidified its position as one of the largest privately-held spirits companies globally, celebrated for its award-winning products and sustainable practices. With a legacy spanning over 160 years, Bacardi continues to shape the spirits market, appealing to consumers seeking authenticity and excellence.
DitchCarbon Score
How does Bacardi'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
Bacardi's score of 60 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bacardi's reported carbon emissions
In 2024, Bacardi Limited reported total greenhouse gas emissions of approximately 77,307,000 kg CO2e for Scope 1 and about 30,703,000 kg CO2e for Scope 2. This marks a significant reduction from 2023, where emissions were approximately 103,086,000 kg CO2e for Scope 1, 31,950,000 kg CO2e for Scope 2, and 1,034,373,000 kg CO2e for Scope 3. Bacardi has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 emissions by 50% by 2025 from a 2015 baseline, and to cut Scope 3 emissions by 20% within the same timeframe. Furthermore, the company has committed to achieving net-zero emissions across its entire value chain by 2050, with interim targets of reducing Scope 1 and 2 emissions by 90% by 2040 and Scope 3 emissions by 90% by 2050, both from a 2023 base year. Bacardi's near-term targets include a 42% reduction in Scope 1 and 2 emissions by 2030, alongside a similar target for Scope 3 emissions. The company is also committed to no deforestation across its primary commodities by December 31, 2025. These initiatives align with the Science Based Targets Initiative (SBTi) and reflect Bacardi's dedication to sustainable practices in the food and beverage sector.
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| 2015 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 77,307,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 30,703,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 | - |
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Bacardi'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.
Bacardi 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.
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Frequently Asked Questions
Common questions about Bacardi's sustainability data and climate commitments