Starbucks

Starbucks, a beverage industry leader headquartered in the US, has demonstrated a commitment to reducing its environmental impact, particularly concerning carbon emissions. For fiscal year 2024, the company reported total emissions of approximately 13.3 billion kg CO2e. This figure includes Scope 1 emissions totalling about 395.7 million kg CO2e, Scope 2 emissions (market-based) at approximately 319.1 million kg CO2e, and substantial Scope 3 emissions amounting to roughly 12.5 billion kg CO2e. Purchased goods and services represent the largest contributor to their Scope 3 emissions, at approximately 7.8 billion kg CO2e.

Looking back, Starbucks's total emissions for fiscal year 2023 were approximately 13.1 billion kg CO2e, with Scope 3 emissions accounting for the vast majority at about 12.5 billion kg CO2e. In fiscal year 2022, total emissions were approximately 14.7 billion kg CO2e, with Scope 3 emissions reaching nearly 14 billion kg CO2e. Previous years also show significant emissions, with fiscal year 2021 reporting approximately 13.9 billion kg CO2e and fiscal year 2020 with emissions around 11.6 billion kg CO2e (calculated from provided Scope 1, 2, and 3 figures as a total is not directly available for 2020).

Starbucks has set ambitious climate targets. The company is committed to a net-zero economy by 2050, having joined the Transform to Net Zero initiative as a founding member. More imminently, Starbucks aims for a 50% absolute reduction in Scope 1, 2, and 3 greenhouse gas emissions by 2030, using a 2019 baseline year. These targets are recognised by the Science Based Targets initiative (SBTi) as consistent with limiting warming to 1.5°C. The company's reporting confirms it has set these near-term targets for all scopes.