Nomad Foods

Nomad Foods's reported carbon emissions

Nomad Foods, a food products company headquartered in GB, reported approximately 362,534,000 kg CO2e in total emissions for 2024. This figure encompasses Scope 1, 2, and 3 emissions. For Scope 1, emissions were approximately 101,212,000 kg CO2e. Scope 2 emissions, measured on a market-based approach, were approximately 2,346,000 kg CO2e, while location-based Scope 2 emissions were approximately 52,540,000 kg CO2e. Scope 3 emissions constituted the largest portion, amounting to approximately 258,933,000 kg CO2e. In 2023, the company reported total emissions of approximately 390,680,000 kg CO2e, with Scope 1 at approximately 108,275,000 kg CO2e, Scope 2 (market-based) at approximately 3,069,000 kg CO2e, Scope 2 (location-based) at approximately 62,754,000 kg CO2e, and Scope 3 at approximately 279,335,000 kg CO2e. Nomad Foods has established a long-term commitment to achieve net-zero carbon emissions by 2050, aligning with the UN's Race to Zero campaign. The company also has near-term targets, aiming for Scope 1 and Scope 2 emissions to be near zero by the middle of this decade. Specifically, Nomad Foods aims for a 30% reduction in Scope 1 and Scope 2 emissions by 2030, using a 2020 baseline. Further climate commitments include Science Based Targets initiative (SBTi) targets. Nomad Foods commits to reducing Scope 1 and 2 GHG emissions by 25% in absolute terms by 2025 from a 2019 base year. They also commit to a 45% reduction in these scopes per ton of product produced by the same year. Additionally, Nomad Foods aims for 75% of its suppliers, covering purchased goods and services, to have science-based targets by 2025. More recently, Nomad Foods Ltd. has committed to reducing absolute Scope 1 and 2 GHG emissions by 74.83% by 2033 from a 2019 base year, with a long-term target of a 90% reduction by 2050. Scope 3 emissions reduction targets are also in place, including a 35.0% reduction by 2033 and 90.0% by 2050 from a 2019 base year. The company has also committed to achieving net-zero GHG emissions across its value chain by 2050.