In 2024, Fevertree Drinks 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).
Fevertree Drinks has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 |
|---|---|---|
Total Scope 1 | 213.59a | 194.99a |
Total Scope 2 | ||
Market-Based | 37.99a | 32.91a |
Location-Based | 82.96a | 70.44a |
Total Scope 3 | 66.66a | 244,194a |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.4619a | 0.4202a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Fevertree Drinks amounted to 296.55 metric 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 Fevertree Drinks increased by 11.72%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Fevertree Drinks were 213.59 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Fevertree Drinks's Scope 1 emissions increased by 9.54%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Fevertree Drinks reported Scope 2 greenhouse gas (GHG) emissions of 37.99 tCO₂e using the market-based method and 82.96 tCO₂e using the location-based method.a
Compared to the previous year (2023), Fevertree Drinks's Scope 2 emissions (Location-Based) rose by 17.77% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Fevertree Drinks reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Fevertree Drinks reported 66.66 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Fevertree Drinks includes a breakdown across 1 of 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
In 2024, Fevertree Drinks reported total Scope 3 emissions of 66.66 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Fevertree Drinks's Scope 3 emissions decreased by 99.97%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, Fevertree Drinks reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Fevertree Drinks's Scope 3 emissions were:a
In 2024, Fevertree Drinks reported Scope 1 greenhouse gas (GHG) emissions of 213.59 tCO₂e and total revenues of USD 462 millions. This translates into an emissions intensity of 0.46 tCO₂e per millions USD.a
In 2024, Fevertree Drinks reported a Scope 1 emissions intensity of 0.46 tCO₂e per millions USD. Compared to the peer group median of 29.21, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Fevertree Drinks ranked 1 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Fevertree Drinks among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Fevertree Drinks reported a total carbon footprint of 363.21 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 99.85% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Fevertree Drinks's total carbon footprint was Scope 1 emissions, accounting for 58.81% of the company's total carbon footprint, followed by Scope 2 emissions at 22.84%.a