Bunzl
More information available in H2-2024

Current Score (vs. LY)

13.5 pts (-)

Last Update: Nov. 21, 2023

Current Rankings

Global: #312

FTSE: #45

Industrials: #45

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 87,12590,56899,193
Scope 2 - location-based 25,04327,42129,594
Scope 2 - market-based 25,02526,18329,835
Scope 1-2 - location-based 112,168117,989128,787
Scope 1-2 - market-based 112,150 116,751 129,028
Scope 3 7,108,9537,413,6575,875,274
Total - location-based 7,221,1217,531,6466,004,061
Total - market-based 7,191,283 7,528,906 5,975,504

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 20,433,65059,614,994
Methodology Pre-calculated sector intensity (revenue)Pre-calculated sector intensity (revenue)

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)


Emissions Trajectory not available



Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Bunzl belongs to the sector Industrials.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email



Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email



Net Zero Future Commitments

There is no net zero target recorded in our database. Email us to report missing information Email



Science-based Targets (SBTI)

Date Published / Updated :01/10/2024

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by 2030 Targets Set : 1.5°C by 2050 Yes by 2050
Bunzl is a member of the Business Ambition for 1.5 campaign (link here )

Overall Net-Zero Target: Bunzl plc commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-Term Targets: Bunzl plc commits to reduce scope 1 and 2 GHG emissions 50% per million GBP revenue by 2030 from a 2019 base year, equivalent to a 27.5% absolute reduction.* ** Bunzl plc commits that 80% of its suppliers by emissions covering purchased goods and services will have science-based targets by 2027. *The target boundary includes land-related emissions and removals from bioenergy feedstocks. **Under the former commitment model of the SBTi (available between June 2019 and October 2021), a subset of companies committed to setting near-term science-based targets aligned with well-below 2°C over an interim period as part of their wider net-zero commitment (referred to as Option 2 of the Business Ambition for 1.5°C Campaign). There is a strictly enforced timeline for these companies to ratchet ambition to 1.5°C for their near-term targets within a maximum of five years from the time of near-term target validation. At this point, they will be expected to decarbonize in line with their 1.5°C-aligned long-term science-based targets. Long-Term Targets: Bunzl plc commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2019 base year.* Bunzl plc also commits to reduce absolute scope 3 GHG emissions 90% by 2050 from a 2019 base year.* *The target boundary includes land-related emissions and removals from bioenergy feedstocks.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Bunzl plc by zerotracker.net: June 23, 2024
Planning to use external offset credits Not Specified
Separate targets for emission reductions and removals No
Conditions on use of offset credits None
Plans for carbon dioxide removal (CDR) No

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points)
Max
(points)
Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 0.0 10.0 -
2 Scope 3 emissions are fully reported and externally-verified 0.0 10.0 -
3 CDP score demonstrates the level of transparent disclosures 6.0 10.0 -
Transparency 6.0 30.0 -
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 0.0 10.0 -
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 -
6 Emission reduction targets on a forward-looking basis are ambitious 0.0 10.0 -
7 Targets are science-based as validated by SBTi 7.5 10.0 -
Commitments 7.5 40.0 -
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 -
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 -
10 Implied Temperature Rating by MSCi 0.0 10.0 -
Results 0.0 30.0 -
Total 13.5 100.0 -


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? NC 0.0 / 5.0 -
Are S1+S2 figures verified by a 3rd-party for the last reporting year? NC 0.0/ 5.0 -
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? NC 0.0 / 5.0 -
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? NC 0.0 / 5.0 -
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? C 6.0 / 10.0 -
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? NC 0.0 / 3.0 -
Does the net zero target include an intermediate target by 2030? NC 0.0 / 3.0 -
Does the net zero target include all the emissions? NC 0.0 / 4.0 -
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? NC 0.0 / 5.0 -
Target year for achieving net zero emissions for S1+S2+S3 combined? NC 0.0 / 5.0 -
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?
0.0 / 5.0 -
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
0.0 / 5.0 -
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set Well-below 2°C 7.5 / 10.0 -
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 -
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 -
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: None°C 0.0 / 10.0 -
Total 13.5 / 100.0 -


Available Data Sources

Reporting Year 2021 2020 2019 2018
Source NZPDU NZPDU NZPDU NZPDU
Publication Year 2022 2021 2020 2019
Scope 1 87,125 90,568 99,193 99,848
Scope 2 - location-based 25,043 27,421 29,594 31,615
Scope 2 - market-based 25,025 26,183 29,835 29,033
Scope 1-2 - location-based 112,168 117,989 128,787 131,463
Scope 1-2 - market-based 112,150 116,751 129,028 128,881
Scope 3 7,108,953 7,413,657 5,875,274 6,459,293
Total - location-based 7,221,121 7,531,646 6,004,061 6,590,756
Total - market-based 7,191,283 7,528,906 5,975,504 6,586,246

Sources

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email