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In 2024, ForFarmers 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).
ForFarmers has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofForFarmers amounted to125,537metric 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 ForFarmersincreased by 0.36%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of ForFarmers were 57,809 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2022, ForFarmers's Scope 1 emissions have decreased by 17.97%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), ForFarmers's Scope 1 emissions increased by 7.64%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, ForFarmers reported Scope 2 greenhouse gas (GHG) emissions of 41,922 tCOâ‚‚e using the market-based method and 67,728 tCOâ‚‚e using the location-based method.a
Since 2022, ForFarmers's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 14.83%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), ForFarmers's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that ForFarmers's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, ForFarmers reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, ForFarmers reported 13,574,993 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 ForFarmers includes a breakdown across 3of 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, ForFarmers reported total Scope 3 emissions of 13,574,993 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 48.92%of these emissions originated from upstream activities such as purchased goods and capital goods, while 51.08%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2022, ForFarmers's Scope 3 emissionshave decreased by 14.81%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), ForFarmers's Scope 3 emissions remained relatively stable, indicating that ForFarmers's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, ForFarmers reported emissions for 3 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 ForFarmers's Scope 3 emissions were:a
In 2024, ForFarmers reported Scope 1 greenhouse gas (GHG) emissions of 57,809 tCOâ‚‚e and total revenues of USD 2,857 millions. This translates into an emissions intensity of 20.23 tCOâ‚‚e per millions USD.a
In 2024, ForFarmers reported a Scope 1 emissions intensity of 20.23 tCOâ‚‚e per millions USD. Compared to the peer group median of 36.6, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, ForFarmers ranked 9 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
ForFarmers is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, ForFarmers reported a total carbon footprint of 13,700,530 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.21% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to ForFarmers's total carbon footprint was Scope 3 emissions, accounting for 99.08% of the company's total carbon footprint, followed by Scope 2 emissions at 0.49%.a