Altria Group Inc

"Altria Group Inc's net zero target is to reduce emissions by 55% relative to 2017 emissions by 2030. Net Zero Tracker
This target covers scope 1, scope 2, and scope 3 emissions, but does not cover historical emissions. Net Zero Tracker
The company does not have a publicly available plan detailing steps toward achieving this target. Net Zero Tracker
An interesting fact about Altria's environmental policy is that it does not specify what gases are covered by its target. Net Zero Tracker
In addition, you can check out the net-zero commitments and data for the relevant actors:"

Current Score (vs. LY)

63.8 pts (-3.0)

Last Update: Dec. 12, 2023

Current Rankings

Global: #29

S&P100: #18

Consumer Staples: #4

80.0%

Transparency

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

49.5%

Commitments

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

66.7%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 129,087139,868154,507
Scope 2 - location-based 124,010144,140151,259
Scope 2 - market-based 123,359141,100147,909
Scope 1-2 - location-based 253,097284,008305,766
Scope 1-2 - market-based 252,446 280,968 302,416
Scope 3 5,420,7775,532,0135,227,733
Total - location-based 5,673,8745,816,0215,533,499
Total - market-based 5,673,223 5,716,104 5,433,343

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 18,462,0895,757,999
Methodology Pre-calculated sector intensity (revenue)Scope 3 based on previous year

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best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated.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

Altria Group Inc 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 18.0 2017 2030
S1S2S3MKT 20.226107996398028 2017 2030
S1S2MKT 55.00000000000001 2017 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
S1S2LOC NO 2050

Science-based Targets (SBTI)

Date Published / Updated :01/07/2020

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by 2030 No target No

Altria commits to reduce absolute scope 1 and 2 GHG emissions 55% by 2030 from a 2017 base year. Altria also commits to reduce absolute scope 3 GHG emissions 18% by 2030 from a 2017 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 Altria by zerotracker.net: May 10, 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) Not Specified

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 -2.5
3 CDP score demonstrates the level of transparent disclosures 9.0 10.0 0.0
Transparency 24.0 30.0 -2.5
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 3.0 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 6.795882030919825 10.0 -0.5
7 Targets are science-based as validated by SBTi 10.0 10.0 0.0
Commitments 19.795882030919824 40.0 -0.5
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 10.0 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 0.0
Results 20.0 30.0 0.0
Total 63.8 100.0 -3.0


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 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 5.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? partly 2.5 / 5.0 5.0 -2.5 5.0
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 2.5
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? A- 9.0 / 10.0 9.0 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? NC 0.0 / 3.0 0.0 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? 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? NC 0.0 / 5.0 0.0 0.0 0.0
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? 4.4
4.4 / 5.0 4.4 0.0 4.6
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3? 2.4
2.4 / 5.0 2.8 -0.5 2.2
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 10.0
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %): 16.9
Actual (in %): 25.1
5.0 / 5.0 5.0 0.0 5.0
Momentum: last year % reduction vs. forward-looking target Objective (in %): 4.4
Actual (in %): 10.2
5.0 / 5.0 5.0 0.0 5.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %): 6.2
Actual (in %): -1.3
0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %): 2.4
Actual (in %): 0.8
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 10.0 0.0 7.5
Total 63.8 / 100.0 66.8 -3.0 64.8


Available Data Sources

Reporting Year 2021 2021 2020 2020 2019 2019 2018
Source Yourstake Public CDP Public CDP Public Public
Publication Year 2023 2022 2021 2021 2020 2021 2021
Scope 1 129,087 129,087 139,868 139,868 154,507 154,507 162,162
Scope 2 - location-based 124,010 124,010 144,140 144,140 151,259 151,259 0
Scope 2 - market-based 123,359 123,359 141,100 141,100 147,909 147,909 16,712
Scope 1-2 - location-based 253,097 253,097 284,008 284,008 305,766 305,766 162,162
Scope 1-2 - market-based 252,446 252,446 280,968 280,968 302,416 302,416 178,874
Scope 3 5,420,777 5,742,776 5,532,013 5,189,893 5,227,733 5,227,733 5,078,448
Total - location-based 5,673,874 5,995,873 5,816,021 5,473,901 5,533,499 5,533,499 5,240,610
Total - market-based 5,673,223 5,995,222 5,716,104 5,470,861 5,433,343 5,530,149 5,257,322

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

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