"Starbucks Corp., a company based in the USA, has set a net zero target for 2050. Net Zero Tracker This commitment is part of the Transform to Net Zero initiative, which aims to accelerate the transition to a net zero global economy. Net Zero Tracker In addition to this, Starbucks has an interim target to achieve a 50% absolute reduction in scope 1, 2, and 3 greenhouse gas emissions, which represent all of Starbucks's direct operations and value chain, by 2030 relative to 2019 emissions. Net Zero Tracker An interesting fact about their environmental policy is that it covers scope …"
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.
Starbucks Corp. belongs to the sector Consumer Discretionary.
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: Nature-based: 'Early in FY21, Starbucks launched projects with Conservation International in Huila, Colombia, and San Martin, Peru, to not only remove carbon and support our carbon neutral goals, but to provide freshwater ecosystems benefits and improve biodiversity' (p.37, 2022 ESG Report)
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
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
Wikirate: Data from Wikirate.org.
Scope 1,
Scope 2 and
Scope 3
emissions metrics designed by Global Reporting Initiative
and contributed by the Wikirate community, adaptation by the Net0Tracker team, licensed under
CC BY 4.0. Wikirate-NV means non-verified
data sourced in Wikirate. See explanation here
Please refer to the library for viewing the supporting documentation
NET 0 Tracker
