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: #63

CAC40: #16

Consumer Staples: #11

68.3%

Transparency

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

53.4%

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

Y2022Y2021Y2020
Scope 1 273,580265,819255,417
Scope 2 - location-based 68,555294,99865,422
Scope 2 - market-based 28,12729,17829,557
Scope 1-2 - location-based 342,135560,817320,839
Scope 1-2 - market-based 301,707 294,997 284,974
Scope 3 4,517,3502,887,4072,552,389
Total - location-based 4,859,4853,448,2242,873,228
Total - market-based 4,819,057 3,182,404 2,790,568

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 9,343,6937,701,997
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our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated.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 :01/05/2024

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by FY2030 Targets Set : 1.5°C by FY2050 Yes by FY2050
Pernod Ricard is a member of the Business Ambition for 1.5 campaign (link here )

Overall Net-Zero Target: Pernod Ricard commits to reach net-zero greenhouse gas emissions across the value chain by FY2050.
Near-Term Targets: Pernod Ricard commits to reduce absolute scope 1 and 2 GHG emissions 54.0% by FY2030 from a FY2022 base year.*
Pernod Ricard also commits to reduce absolute scope 3 GHG emissions covering purchased goods and services, and upstream transportation
and distribution 25.0% within the same timeframe. Pernod Ricard commits to reduce absolute scope 3 FLAG GHG emissions 30.3% within the
same timeframe**. Pernod Ricard commits to no deforestation across its primary deforestation-linked commodities, with a target date of
December 31, 2025.
*The target boundary includes land-related emissions and removals from bioenergy feedstocks.
**Target includes FLAG emissions and removals.
Long-Term Targets: Pernod Ricard commits to reduce absolute scope 1 and 2 GHG emissions 90.0% by FY2050 from a FY2022 base year*.
Pernod Ricard also commits to reduce absolute scope 3 GHG emissions 90.0% within the same timeframe. Pernod Ricard commits to reduce
absolute scope 3 FLAG GHG emissions 72.0% within the same timeframe.**
*The target boundary includes land-related emissions and removals from bioenergy feedstocks.
**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 Pernod Ricard 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) 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 2021 2020 2019
Source Public Yourstake Public NZPDU NZPDU NZPDU
Publication Year 2023 2022 2023 2022 2021 2020
Scope 1 273,580 273,580 265,819 265,819 255,417 262,378
Scope 2 - location-based 68,555 68,555 294,998 64,000 65,422 65,865
Scope 2 - market-based 28,127 28,127 29,178 29,178 29,557 35,515
Scope 1-2 - location-based 342,135 342,135 560,817 329,819 320,839 328,243
Scope 1-2 - market-based 301,707 301,707 294,997 294,997 284,974 297,893
Scope 3 4,517,350 4,517,350 2,887,407 2,887,407 2,552,389 2,745,940
Total - location-based 4,859,485 4,859,485 3,448,224 3,217,226 2,873,228 3,074,183
Total - market-based 4,819,057 4,819,057 3,182,404 3,120,623 2,790,568 2,971,200

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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