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Campbell's Co

Common Name
Campbell's
Country
United States
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
14,400
Ticker
CPB
Exchange
NASDAQ/NGS
Description
Campbell Soup Company is a leading American food and beverage manufacturer known primarily for its range of branded soups, simple meals, beverages, and snacks. The company’s core business encompasses ...

Campbell's's GHG Emissions Data Preview

In 2024, Campbell's 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).

Campbell's has also provided a category-level breakdown for 10 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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Total Scope 2
Market-Based
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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b
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Campbell's’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 Campbell's’s data sources below and access millions more through our Disclosure Search.

a. Campbell's's Corporate Responsibility Report (CRR) 2025
a. Campbell's's Corporate Responsibility Report (CRR) 2025
b. Campbell's's Corporate Responsibility Report (CRR) 2024
b. Campbell's's Corporate Responsibility Report (CRR) 2024
c. Campbell's's Corporate Responsibility Report (CRR) 2022
c. Campbell's's Corporate Responsibility Report (CRR) 2022
d. Campbell's's Corporate Responsibility Report (CRR) 2021
d. Campbell's's Corporate Responsibility Report (CRR) 2021

Insights into Campbell's's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofCampbell's amounted to671,508metric 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 Campbell'sincreased by 2.35%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Campbell's's Scope 1 Emissions Over Time

2019202020212022202320240150 k300 k450 k600 ktCO2e+8%-1%-1%-3%+4%
  • Total Scope 1
  • Year-over-Year Change

What are Campbell's's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Campbell's were 465,711 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Campbell's reduced its Scope 1 emissions over time?

Since 2019, Campbell's's Scope 1 emissions have increased by 7.09%, reflecting a rising long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2023), Campbell's's Scope 1 emissions increased by 4.32%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Campbell's's Scope 2 emissions?

In 2024, Campbell's reported Scope 2 greenhouse gas (GHG) emissions of 64,461 tCOâ‚‚e using the market-based method and 205,797 tCOâ‚‚e using the location-based method.a

Has Campbell's reduced its Scope 2 emissions over time?

Since 2019, Campbell's's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that Campbell's's emissions have plateaued with no significant change in its energy consumption footprint.ac

Compared to the previous year(2023), Campbell's's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Campbell's's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Campbell's use for Scope 2 reporting?

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

Campbell's's Scope 2 Emissions Over Time

201920202021202220232024065 k130 k195 k260 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Campbell's's Value Chain Emissions

In 2024, Campbell's reported 4,969,415 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 Campbell's includes a breakdown across 10of 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

Campbell's's Scope 3 Emissions Over Time

2019202020212023202402 M4 M6 M8 MtCO2e+48%+3%-18%-3%
  • Total Scope 3
  • Year-over-Year Change

What are Campbell's's Scope 3 emissions?

In 2024, Campbell's reported total Scope 3 emissions of 4,969,415 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 95.24%of these emissions originated from upstream activities such as purchased goods and capital goods, while 4.76%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Campbell's reduced its Scope 3 emissions over time?

Since 2019, Campbell's's Scope 3 emissionshave increased by 20.9%, reflecting a rising long-term trend in Scope 3 emissions over time.ad

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

What categories of Scope 3 emissions does Campbell's disclose?

In 2024, Campbell's reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

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

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

  • Purchased Goods and Services (Cat. 1): 3,428,578 tCOâ‚‚e(68.99%)
  • Upstream Transportation and Distribution (Cat. 4): 577,568 tCOâ‚‚e(11.62%)
  • Downstream Transportation and Distribution (Cat. 9): 428,137 tCOâ‚‚e(8.62%)

Campbell's's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(8.6%)Purchased Goods andServices (Cat. 1)(69.0%)UpstreamTransportation andDistribution(Cat. 4)(11.6%)

Insights into Campbell's’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Campbell's reported Scope 1 greenhouse gas (GHG) emissions of 465,711 tCOâ‚‚e and total revenues of USD 9,636 millions. This translates into an emissions intensity of 48.33 tCOâ‚‚e per millions USD.a

Campbell's's Scope 1 Emissions Intensity Compared to Peers

1020010,000200,00010,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)KKUPrimo BrandsYear: 2024Scope 1: 285,855 tCO2eRevenue: $M 5,152Scope 1 Intensity: 55.48 tCO2e/$MKKKellanovaYear: 2024Scope 1: 347,232 tCO2eRevenue: $M 12,749Scope 1 Intensity: 27.24 tCO2e/$MKKKraft HeinzYear: 2024Scope 1: 412,646 tCO2eRevenue: $M 25,846Scope 1 Intensity: 15.97 tCO2e/$MPost HoldingsYear: 2024Scope 1: 315,513 tCO2eRevenue: $M 7,923Scope 1 Intensity: 39.82 tCO2e/$MMolson Coors BeverageYear: 2024Scope 1: 525,506 tCO2eRevenue: $M 11,627Scope 1 Intensity: 45.20 tCO2e/$MBJ's Wholesale Club HoldingsYear: 2023Scope 1: 195,376 tCO2eRevenue: $M 19,969Scope 1 Intensity: 9.78 tCO2e/$MFlowers FoodsYear: 2024Scope 1: 145,697 tCO2eRevenue: $M 5,103Scope 1 Intensity: 28.55 tCO2e/$MHain Celestial GroupYear: 2024Scope 1: 33,167 tCO2eRevenue: $M 1,736Scope 1 Intensity: 19.10 tCO2e/$MUUUTZ BrandsYear: 2024Scope 1: 65,650 tCO2eRevenue: $M 1,409Scope 1 Intensity: 46.58 tCO2e/$MFarmer BrosYear: 2022Scope 1: 19 tCO2eRevenue: $M 315Scope 1 Intensity: 0.06 tCO2e/$MDarling IngredientsYear: 2024Scope 1: 1,936,042 tCO2eRevenue: $M 5,715Scope 1 Intensity: 338.75 tCO2e/$MBellring BrandsYear: 2023Scope 1: 228 tCO2eRevenue: $M 1,667Scope 1 Intensity: 0.14 tCO2e/$MSmithfield FoodsYear: 2024Scope 1: 2,179,135 tCO2eRevenue: $M 14,142Scope 1 Intensity: 154.09 tCO2e/$MHormel FoodsYear: 2023Scope 1: 625,338 tCO2eRevenue: $M 12,110Scope 1 Intensity: 51.64 tCO2e/$MPilgrims PrideYear: 2024Scope 1: 1,027,389 tCO2eRevenue: $M 17,878Scope 1 Intensity: 57.47 tCO2e/$MJ&J Snack FoodsYear: 2024Scope 1: 21,562 tCO2eRevenue: $M 1,575Scope 1 Intensity: 13.69 tCO2e/$MKeurig Dr PepperYear: 2024Scope 1: 295,720 tCO2eRevenue: $M 15,351Scope 1 Intensity: 19.26 tCO2e/$MTreeHouse FoodsYear: 2024Scope 1: 133,391 tCO2eRevenue: $M 3,354Scope 1 Intensity: 39.77 tCO2e/$MGeneral MillsYear: 2024Scope 1: 307,700 tCO2eRevenue: $M 19,857Scope 1 Intensity: 15.50 tCO2e/$MConagra BrandsYear: 2024Scope 1: 490,454 tCO2eRevenue: $M 12,051Scope 1 Intensity: 40.70 tCO2e/$MJ M SmuckerYear: 2024Scope 1: 165,414 tCO2eRevenue: $M 8,179Scope 1 Intensity: 20.23 tCO2e/$MIngredionYear: 2024Scope 1: 1,825,070 tCO2eRevenue: $M 7,430Scope 1 Intensity: 245.64 tCO2e/$MLamb Weston HoldingsYear: 2024Scope 1: 736,797 tCO2eRevenue: $M 6,468Scope 1 Intensity: 113.92 tCO2e/$MMcCormick & CompanyYear: 2024Scope 1: 38,855 tCO2eRevenue: $M 6,724Scope 1 Intensity: 5.78 tCO2e/$MCampbell'sYear: 2024Scope 1: 465,711 tCO2eRevenue: $M 9,636Scope 1 Intensity: 48.33 tCO2e/$M

How does Campbell's's GHG emissions intensity compare to its peers?

In 2024, Campbell's reported a Scope 1 emissions intensity of 48.33 tCOâ‚‚e per millions USD. Compared to the peer group median of 34.16, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Campbell's rank on GHG emissions intensity within its industry?

In 2024, Campbell's ranked 18 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Campbell's is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Campbell's's Total Carbon Footprint

In 2024, Campbell's reported a total carbon footprint of 5,640,923 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.4% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Campbell's's total carbon footprint was Scope 3 emissions, accounting for 88.1% of the company's total carbon footprint, followed by Scope 1 emissions at 8.26%.a

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