The Walt Disney Company

"The Walt Disney Company has committed to achieve net zero emissions for its direct operations (Scope 1 and 2) by 2030. Net Zero Tracker
This target covers Carbon dioxide and other greenhouse gases. Net Zero Tracker
An interesting fact about their environmental policy is their strategy for meeting this goal, which includes avoiding emissions by building more sustainably to reduce the energy needed to operate their business, reducing emissions through investment in more efficiency technologies and processes, and replacing high-carbon energy sources with lower carbon alternatives. Net Zero Tracker
In addition, you can check out the net-zero commitments and data …"

Current Score (vs. LY)

47.3 pts (12.5)

Last Update: Dec. 12, 2023

Current Rankings

Global: #81

S&P100: #56

Communication Services: #10

60.0%

Transparency

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

48.3%

Commitments

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

33.3%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 503,221597,067855,073
Scope 2 - location-based 675,984851,0291,010,307
Scope 2 - market-based 687,042745,582931,544
Scope 1-2 - location-based 1,179,2051,448,0961,865,380
Scope 1-2 - market-based 1,190,263 1,342,649 1,786,617
Scope 3 000
Total - location-based 1,179,2051,448,0961,865,380
Total - market-based 1,190,263 1,342,649 1,786,617

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 1,185,0577,399,019
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


Scope 3 Emissions not available

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best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated.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

The Walt Disney Company belongs to the sector Communication Services.

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 50.0 2012 2020

Net Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S1S2MKT 100.0 2019 2030

Net Zero Future Commitments

Scope Scope 3 Coverage Target Year Comments
S1S2LOC NO 2030

Science-based Targets (SBTI)

Date Published / Updated :01/11/2023

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by FY2030 No target No

The Walt Disney Company commits to reduce absolute scope 1 and 2 GHG emissions 46.2% by FY2030 from a FY2019 base year'. The Walt Disney Company also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, fuel and energy related activities, upstream transportation and distribution, waste generated in operations, business travel, employee commuting and franchises 27.5% within the same timeframe.The Walt Disney Company further commits that 20% of its suppliers by emissions covering purchased goods and services will have science-based targets by FY2027 The Walt Disney Company finally commits that 72% of its customers (licensees) by emissions covering franchises will have science-based targets by FY2027
'The target boundary includes biogenic 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 Walt Disney Co by zerotracker.net: Sept. 4, 2024
Planning to use external offset credits Yes
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: Offsets: https://impact.disney.com/app/uploads/2023/03/Natural-Climate-Solutions-White-Paper_TWDC.pdf pg6 - standard info

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 0.0 10.0 0.0
3 CDP score demonstrates the level of transparent disclosures 8.0 10.0 0.0
Transparency 18.0 30.0 0.0
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 6.0 10.0 0.0
5 Net Zero targets demonstrate a high-level of emergency 3.333333333333334 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 10.0
Commitments 19.333333333333336 40.0 10.0
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 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 10.0 10.0 2.5
Results 10.0 30.0 2.5
Total 47.3 100.0 12.5


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 5.0
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? NC 0.0 / 5.0 0.0 0.0 0.0
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? NC 0.0 / 5.0 0.0 0.0 0.0
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? B 8.0 / 10.0 8.0 0.0 8.0
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 3.0
Does the net zero target include an intermediate target by 2030? 2020 3.0 / 3.0 3.0 0.0 3.0
Does the net zero target include all the emissions? NC 0.0 / 4.0 0.0 0.0 0.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2030 3.3 / 5.0 3.3 0.0 3.3
Target year for achieving net zero emissions for S1+S2+S3 combined? NC 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?
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 0.0 10.0 0.0
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 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 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: 1.5°C 10.0 / 10.0 7.5 2.5 7.5
Total 47.3 / 100.0 34.8 12.5 29.8


Available Data Sources

Reporting Year 2021 2021 2020 2020 2019 2019 2018
Source Public Yourstake CDP Public CDP Public Public
Publication Year 2022 2022 2021 2021 2020 2021 2021
Scope 1 503,221 503,221 597,067 597,067 855,073 856,619 897,432
Scope 2 - location-based 675,984 675,984 851,029 851,029 1,010,307 1,010,447 1,028,828
Scope 2 - market-based 687,042 687,042 745,582 745,582 931,544 931,685 976,732
Scope 1-2 - location-based 1,179,205 1,179,205 1,448,096 1,448,096 1,865,380 1,867,066 1,926,260
Scope 1-2 - market-based 1,190,263 1,190,263 1,342,649 1,342,649 1,786,617 1,788,304 1,874,164
Scope 3 0 0 0 0 0 0 0
Total - location-based 1,179,205 1,179,205 1,448,096 1,448,096 1,865,380 1,867,066 1,926,260
Total - market-based 1,190,263 1,190,263 1,342,649 1,342,649 1,786,617 1,788,304 1,874,164

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