Pernod Ricard

"Pernod Ricard has committed to reaching net zero in its direct operations (scope 1 & 2 emissions) by 2030 at the latest, and net zero overall (including scope 3 emissions) by 2050. Net Zero Tracker
The company does not have a publicly available plan detailing steps toward its target. Net Zero Tracker
An interesting fact about Pernod Ricard's environmental policy is its interim target to be water balanced in all high-risk watersheds, replenishing 100% of water consumption from production sites by 2030. Net Zero Tracker
Additionally, they aim to reduce the overall intensity of their carbon footprint by 50% by …"

Current Score (vs. LY)

51.9 pts (-)

Last Update: Dec. 12, 2023

Current Rankings

Global: #60

Consumer Staples: #10

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

Y2022 Y2021
Scope 1 273,580 265,819
Scope 2 - location-based 68,555 294,998
Scope 2 - market-based 28,127 29,178
Scope 1-2 - location-based 342,135 560,817
Scope 1-2 - market-based 301,707 294,997
Scope 3 4,517,350 2,887,407
Total - location-based 4,859,485 3,448,224
Total - market-based 4,819,057 3,182,404

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 10,765,413 8,873,920
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)



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best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated.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

Pernod Ricard 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
S1S2MKT 30.0 2018 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 : 01/08/2019

Near-term Long-Term Net Zero Standard
Targets Set : Well-below 2°C by 2030, 2025 No target Yes
Pernod Ricard is a member of the Business Ambition for 1.5 campaign (link here )

French beverage company Pernod Ricard commits to reduce absolute Scope 1 and 2 GHG emissions 30% by 2030 from a 2018 base year. Pernod Ricard commits to increase annual sourcing of renewable electricity from 74.5% in 2018 to 100% by 2025. Pernod Ricard also commits to reduce Scope 3 GHG emissions from purchased goods and services and upstream transportation and distribution by 50% per unit of value added by 2030 from a 2018 base year.

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 Pernod Ricard by zerotracker.net: Sept. 17, 2022
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: A system of farming principles and practices that increase biodiversity, enriches soils, improve watersheds capture carbon in soil and enhance ecosystem services. In the long term, it leads to increased yields, resilience to climate instability, and higher health and vitality for farming communities. https://www.pernod-ricard.com/sites/default/files/2021-08/Pernod-Ricard-Global-Environmental-Policy.pdf

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 -
2 Scope 3 emissions are fully reported and externally-verified 2.5 10.0 -
3 CDP score demonstrates the level of transparent disclosures 8.0 10.0 -
Transparency 20.5 30.0 -
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 10.0 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 3.8583501542887646 10.0 -
7 Targets are science-based as validated by SBTi 7.5 10.0 -
Commitments 21.358350154288765 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 10.0 10.0 -
Results 10.0 30.0 -
Total 51.9 100.0 -


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? yes 5.0 / 5.0 -
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 -
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? partly 2.5 / 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)? B 8.0 / 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 -
Does the net zero target include an intermediate target by 2030? 2030 3.0 / 3.0 -
Does the net zero target include all the emissions? yes 4.0 / 4.0 -
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2050 0.0 / 5.0 -
Target year for achieving net zero emissions for S1+S2+S3 combined? 2050 0.0 / 5.0 -
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2? 3.9
3.9 / 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 %): 10.0
Actual (in %): -1.3
0.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %): 3.9
Actual (in %): -2.3
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: 1.5°C 10.0 / 10.0 -
Total 51.9 / 100.0 -


Available Data Sources

Reporting Year 2022 2022 2021
Source Public Yourstake Public
Publication Year 2023 2022 2023
Scope 1 273,580 273,580 265,819
Scope 2 - location-based 68,555 68,555 294,998
Scope 2 - market-based 28,127 28,127 29,178
Scope 1-2 - location-based 342,135 342,135 560,817
Scope 1-2 - market-based 301,707 301,707 294,997
Scope 3 4,517,350 4,517,350 2,887,407
Total - location-based 4,859,485 4,859,485 3,448,224
Total - market-based 4,819,057 4,819,057 3,182,404

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