Upfield

Upfield's reported carbon emissions

Upfield, headquartered in NL and operating within the retail trade services sector (excluding motor vehicles and motorcycles; repair services of personal and household goods - 52), has reported significant carbon emissions and outlined ambitious climate commitments. For the reporting year 2024, Upfield's total emissions were approximately 298.7 million kg CO2e. This figure comprises Scope 1 emissions of approximately 50 million kg CO2e, Scope 2 market-based emissions of about 17 million kg CO2e, and Scope 3 emissions totalling approximately 238.7 million kg CO2e. In 2023, Upfield's total carbon footprint was approximately 2.52 billion kg CO2e. This included Scope 1 emissions of around 50 million kg CO2e, Scope 2 market-based emissions of approximately 18 million kg CO2e, and substantial Scope 3 emissions of about 2.46 billion kg CO2e. Key contributors to their Scope 3 emissions in 2023 were purchased goods and services (around 2.09 billion kg CO2e) and upstream transportation and distribution (approximately 248 million kg CO2e). The company's climate strategy includes a long-term commitment to achieving net zero by 2050, with an interim goal of reducing its total footprint by 25% by 2030. Upfield also aims to be "better than net zero" by 2050, driven by avoided emissions and labelling initiatives, aligning with science-based targets. In 2020, their reported carbon footprint was 3.15 million tonnes (3.15 billion kg) of CO2e. Further specific reduction targets include: * Achieving net zero for Upfield's business operations by 2030, alongside the overall 25% footprint reduction. * Reducing environmental impact by 50% and achieving zero waste to landfill by 2030. * Eliminating 95% of plastic content in all packaging by 2030. * Communicating the benefits of plant-based food by labelling carbon emissions on 500 million product packs by 2025. Upfield's emissions data is cascaded from its corporate family, with its performance data originating from Upfield Europe B.V. and other climate-related initiatives sourced from entities such as Flora Food Group B.V., Flora Food Holdings B.V., and through the CDP framework.