Greggs PLC

Common Name
Greggs
Country
United Kingdom
Sector
Consumer Cyclical
Industry
Restaurants
Employees
33,146
Ticker
GRG
Exchange
LONDON STOCK EXCHANGE
Description
Greggs Plc is a prominent British bakery retail company, renowned for offering an extensive range of freshly prepared bakery products, snacks, and beverages. Primarily functioning as a quick service r...

Greggs's Climate Target Data Preview

As of 2023, Greggs has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Greggs ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Greggs's Greenhouse Gas Emissions Pathways

As of 2023, Greggs has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Greggs have a target to reduce the emissions from its operations?

As of 2023, Greggs has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Greggs's most ambitious operational target is to reduce these emissions by 46.2% by 2030, compared to a baseline of 41,577 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

Instead of reducing operational emissions, Greggs has increased them, with 2023 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target.

Greggs's Operational (Scope 1+2) Emissions Pathway

201920232030015 k30 k45 k60 kCurrent (+3%)Target 2030 (-46%)
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