Net 0 Tracker

Kraft Heinz Co

"The Kraft Heinz Co, a company based in the USA, has pledged to achieve net zero greenhouse gas emissions across its operational footprint and entire global value chain by 2050. Net Zero Tracker
This target was established in 2021 and covers all three scopes of emissions. Net Zero Tracker
As an interim target, the company aims to reduce emissions by 50% relative to 2021 emissions by 2030. Net Zero Tracker
However, the company has not specified what gases are covered by its target. Net Zero Tracker
An interesting fact about their environmental policy is that it includes annual reporting, but …"

Current Score (vs. LY)

50.5 pts (5.0)

Last Update: Dec. 12, 2023

Current Rankings

Global: #70

S&P100: #48

Consumer Staples: #13

93.3%

Transparency

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

37.5%

Commitments

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

25.0%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

	Y2021	Y2020	Y2019
Scope 1	586,455	592,463	649,256
Scope 2 - location-based	645,247	697,565	773,066
Scope 2 - market-based	616,650	704,689	0
Scope 1-2 - location-based	1,231,702	1,290,028	1,422,322
Scope 1-2 - market-based	1,203,105	1,297,152	NA
Scope 3	43,940,811	25,026,531	0
Total - location-based	45,172,513	26,316,559	1,422,322
Total - market-based	45,143,916	25,611,738	NA

Note: Data sources detailed here

	Y2022	Y2021
Total CO₂e estimate (by Net0Tracker)	45,906,716	45,143,916
Methodology	Previous year intensity (revenue)	As reported

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

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.

Kraft Heinz Co belongs to the sector Consumer Staples.

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
S1S2S3MKT	50.0	2019	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 :01/12/2024

Near-term	Long-Term	Net Zero Standard
Targets Set : 1.5°C by 2030	Targets Set : 1.5°C by 2050	Yes by 2050

Overall net-zero target:
The Kraft Heinz Company commits to reach net-zero greenhouse gas emissions across the value chain by 2050.
Near-term targets:
Energy & Industry: The Kraft Heinz Company commits to reduce absolute scope 1 and 2 emissions 50% by 2030 from a 2021 base year.* The Kraft Heinz Company also commits to reduce absolute scope 3 GHG emissions 50% within the same timeframe.
*The target boundary includes land-related emissions and removals from bioenergy feedstocks.
FLAG: The Kraft Heinz Company commits to reduce absolute scope 3 FLAG GHG emissions 30.3% by 2030 from a 2021 base year.* The Kraft Heinz Company also commits to no deforestation across its primary deforestation-linked commodities, with a target date of December 31, 2025.
*The target includes FLAG emissions and removals.
Long-term targets:
Energy & Industry: The Kraft Heinz Company commits to reduce absolute scope 1, 2 and 3 GHG emissions 90% by 2050 from a 2021 base year.*
*The target boundary includes land-related emissions and removals from bioenergy feedstocks.
FLAG: The Kraft Heinz Company commits to reduce absolute scope 3 FLAG GHG emissions 72% by 2050 from a 2021 base year.*
*The target includes FLAG emissions and removals.

Data source: SBTI

Offsets

Last update for Kraft Heinz Company by zerotracker.net: Sept. 4, 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)	Not Specified

Additional notes: We areexploring investments in critical technologies including carbon removals, where we have clear scientific evidence of material GHG emissions reduction.

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	10.0	10.0	0.0
3	CDP score demonstrates the level of transparent disclosures	8.0	10.0	0.0
	Transparency	28.0	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	5.0	10.0	0.0
7	Targets are science-based as validated by SBTi	0.0	10.0	-2.5
	Commitments	15.0	40.0	-2.5
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	7.5	10.0	7.5
	Results	7.5	30.0	7.5
	Total	50.5	100.0	5.0

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?	full	5.0 / 5.0	5.0	0.0	5.0
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year?	full	5.0 / 5.0	5.0	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	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	0.0
Does the net zero target include an intermediate target by 2030?	2015	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?		0.0 / 5.0	0.0	0.0	0.0
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?	11.0	5.0 / 5.0	5.0	0.0	0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to?	NC	0.0 / 10.0	2.5	-2.5	2.5
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 %): 9.1 Actual (in %): -6,853.2	0.0 / 5.0	0.0	0.0	0.0
Momentum: last year % reduction vs. forward-looking target	Objective (in %): 11.0 Actual (in %): -76.3	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: 1.7°C	7.5 / 10.0	0.0	7.5	0.0
Total		50.5 / 100.0	45.5	5.0	33.5

Available Data Sources

Reporting Year	2021	2021	2020	2020	2020	2019	2019
Source	Public	Yourstake	CDP	Public	Public	Public	CDP
Publication Year	2022	2022	2021	2022	2022	2021	2020
Scope 1	586,455	586,455	592,463	605,606	592,463	649,256	649,256
Scope 2 - location-based	645,247	645,247	697,565	694,907	697,565	773,066	773,066
Scope 2 - market-based	616,650	616,650	704,689	704,689	704,689	0	0
Scope 1-2 - location-based	1,231,702	1,231,702	1,290,028	1,300,513	1,290,028	1,422,322	1,422,322
Scope 1-2 - market-based	1,203,105	1,203,105	1,297,152	1,310,295	1,297,152	NA	NA
Scope 3	43,940,811	43,940,811	25,026,531	25,026,531	25,026,531	0	23,277,533
Total - location-based	45,172,513	45,172,513	26,316,559	26,327,044	26,316,559	1,422,322	24,699,855
Total - market-based	45,143,916	45,143,916	25,611,738	26,336,826	26,323,683	NA	NA