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BEL SA

Common Name
BEL
Country
France
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
12,510
Ticker
FBEL
Exchange
EURONEXT
Description
Bel Société anonyme engages in the production and distribution of cheese in the Europe, the Middle East, Greater Africa, Americas, and Asia Pacific. The company offers its products under the The Laugh...

BEL's GHG Emissions Data Preview

In 2024, BEL completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

BEL has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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0000000
Total Scope 2
Market-Based
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a
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a
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0000000
Location-Based
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a
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0000000
Total Scope 3
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a
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a
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0000000
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Verified Sources Behind BEL’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore BEL’s data sources below and access millions more through our Disclosure Search.

a. BEL's Annual Report 2024
a. BEL's Annual Report 2024

Insights into BEL's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofBEL amounted to186,919metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of BELincreased by 61.21%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

BEL's Scope 1 Emissions Over Time

20232024030 k60 k90 k120 ktCO2e-3%
  • Total Scope 1
  • Year-over-Year Change

What are BEL's Scope 1 emissions?

In 2024, the total Scope 1 emissions of BEL were 100,155 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), BEL's Scope 1 emissions decreased by 3.32%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are BEL's Scope 2 emissions?

In 2024, BEL reported Scope 2 greenhouse gas (GHG) emissions of 4,530 tCOâ‚‚e using the market-based method and 86,764 tCOâ‚‚e using the location-based method.a

What methodology does BEL use for Scope 2 reporting?

In 2024, BEL reported its Scope 2 emissions using the market-based method and using the location-based method.a

BEL's Scope 2 Emissions Over Time

20232024025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into BEL's Value Chain Emissions

In 2024, BEL reported 3,732,789 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of BEL includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

BEL's Scope 3 Emissions Over Time

2023202401 M2 M3 M4 MtCO2e-4%
  • Total Scope 3
  • Year-over-Year Change

What are BEL's Scope 3 emissions?

In 2024, BEL reported total Scope 3 emissions of 3,732,789 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 98.54%of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.46%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), BEL's Scope 3 emissions remained relatively stable, indicating that BEL's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does BEL disclose?

In 2024, BEL reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of BEL's Scope 3 emissions?

In 2024, the largest contributors to BEL's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 2,948,088 tCOâ‚‚e(78.98%)
  • Downstream Transportation and Distribution (Cat. 9): 349,634 tCOâ‚‚e(9.37%)
  • Upstream Transportation and Distribution (Cat. 4): 246,767 tCOâ‚‚e(6.61%)

BEL's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(79.0%)UpstreamTransportation andDistribution(Cat. 4)(6.6%)DownstreamTransportation andDistribution(Cat. 9)(9.4%)

Insights into BEL's Total Carbon Footprint

In 2024, BEL reported a total carbon footprint of 3,919,708 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.61% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to BEL's total carbon footprint was Scope 3 emissions, accounting for 95.23% of the company's total carbon footprint, followed by Scope 1 emissions at 2.56%.a

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