Danone

"Danone's net zero target is set for 2050, as included in their corporate policy. Net Zero Tracker
They also have an interim target by 2030 for CO2 reduction in line with 1.5'C SBTI. Net Zero Tracker
Their target covers scope 1, 2, and 3 emissions but does not cover historical emissions. Net Zero Tracker
An interesting fact about Danone's environmental policy is that they have a publicly available plan that includes measures for all emission scopes covered by the target, and they have committed to annual reporting. Net Zero Tracker
They have also set additional targets for methane, although it's …"

Current Score (vs. LY)

57.5 pts (0.0)

Last Update: Nov. 21, 2023

Current Rankings

Global: #43

Consumer Staples: #8

83.3%

Transparency

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

50.0%

Commitments

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

41.7%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021 Y2020 Y2019
Scope 1 683,000 668,000 722,000
Scope 2 - location-based NA NA 588,000
Scope 2 - market-based 295,000 479,000 NA
Scope 1-2 - location-based 683,000 668,000 1,310,000
Scope 1-2 - market-based 978,000 1,147,000 NA
Scope 3 23,734,000 24,976,000 25,869,000
Total - location-based 24,417,000 25,644,000 27,179,000
Total - market-based 24,712,000 26,123,000 NA

Note: Data sources detailed here

Y2022 Y2021 Y2020
Total CO2e estimate (by Net0Tracker) 27,778,791 24,712,000 29,063,247
Methodology Pre-calculated sector intensity (revenue) As reported 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)



Please refer to the library for viewing the supporting documentation

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our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated.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.

Danone belongs to the sector Consumer Staples.

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

Scope Reduction Objectives Base Year Target Year Comments
S3 19.0 2015 2030 Note that all the scope 3 emissions categories are not fully covered
S1S2MKT 30.0 2015 2030

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

Scope Scope 3 Coverage Target Year Comments
S1S2S3MKT FULL 2050

Science-based Targets (SBTI)

Date Published / Updated : 01/01/2023

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by FY2030 No target No
Danone is a member of the Business Ambition for 1.5 campaign (link here )

Energy and industrial:
Multi-national food company, Danone commits to reduce absolute scope 1 and 2 GHG emissions 47.2% by FY2030 from a FY2020 base year*. Danone also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel-and energy-related activities, upstream transportation and distribution, waste generated in operations, downstream transportation and distribution and end of life treatment of sold products 42% within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks.
FLAG:
Danone further commits to reduce absolute scope 1 and 3 FLAG GHG emissions 30.3% by FY2030 from a FY2020 base year**. Finally, Danone commits to no deforestation across its primary deforestation-linked commodities with a target date of FY2025. **Target includes FLAG emissions and removals.

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 Danone by zerotracker.net: June 23, 2023
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) Yes (nature-based removals e.g. Forestation, soil carbon enhancement)

Additional notes: Agriculture is not just a way to reduce carbon emissions but also actually take CO2 out of the atmosphere by sequestering it in the ground. By transitioning to regenerative agriculture practices, like keeping roots in the soil rather than tilling, our producers can improve soil health, which in turn will help keep carbon in the ground. Danone is stepping up its support for regenerative agriculture practices. In 2017, we joined the 4 per 1000 initiative, an international platform to catalyze cooperation on soil health and soil carbon sequestration

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 10.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 5.0 10.0 0.0
3 CDP score demonstrates the level of transparent disclosures 10.0 10.0 0.0
Transparency 25.0 30.0 0.0
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 10.0 10.0 0.0
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 0.0
6 Emission reduction targets on a forward-looking basis are ambitious 0.0 10.0 0.0
7 Targets are science-based as validated by SBTi 10.0 10.0 0.0
Commitments 20.0 40.0 0.0
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 5.0 10.0 0.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
10 Implied Temperature Rating by MSCi 7.5 10.0 0.0
Results 12.5 30.0 0.0
Total 57.5 100.0 0.0


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? yes 5.0 / 5.0 5.0 0.0 0.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 5.0 0.0 0.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? partly 2.5 / 5.0 2.5 0.0 0.0
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? partly 2.5 / 5.0 2.5 0.0 0.0
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? A 10.0 / 10.0 10.0 0.0 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? yes 3.0 / 3.0 3.0 0.0 0.0
Does the net zero target include an intermediate target by 2030? 2030 3.0 / 3.0 3.0 0.0 3.0
Does the net zero target include all the emissions? yes 4.0 / 4.0 4.0 0.0 0.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2050 0.0 / 5.0 0.0 0.0 0.0
Target year for achieving net zero emissions for S1+S2+S3 combined? 2050 0.0 / 5.0 0.0 0.0 0.0
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2? -2.3
0.0 / 5.0 0.0 0.0 0.0
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set 1.5°C 10.0 / 10.0 10.0 0.0 0.0
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %): 12.0
Actual (in %): 41.8
5.0 / 5.0 5.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
Forward-looking reduction could not be calculated
 0.0 / 5.0 0.0 0.0 0.0
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 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 1.9°C 7.5 / 10.0 7.5 0.0 0.0
Total 57.5 / 100.0 57.5 0.0 13.0


Available Data Sources

Reporting Year 2022 2021 2020 2020 2019
Source Wikirate (NV) Public Public Wikirate (NV) Wikirate (NV)
Publication Year unknown 2022 2022 unknown 2020
Scope 1 831,000 683,000 668,000 668,000 722,000
Scope 2 - location-based 276,000 NA NA 479,000 588,000
Scope 2 - market-based NA 295,000 479,000 NA NA
Scope 1-2 - location-based 1,107,000 683,000 668,000 1,147,000 1,310,000
Scope 1-2 - market-based NA 978,000 1,147,000 NA NA
Scope 3 23,100,000 23,734,000 24,976,000 24,974,000 25,869,000
Total - location-based 24,207,000 24,417,000 25,644,000 26,121,000 27,179,000
Total - market-based NA 24,712,000 26,123,000 NA NA

Sources

Please refer to the library for viewing the supporting documentation

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

© Vincent Manier - September 2021 About us . Keep in touch . Blog