Hershey Co

Common Name
Hershey
Country
United States
Sector
Consumer Defensive
Industry
Confectioners
Employees
18,540
Ticker
HSY
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Hershey Co. is a leading confectionery manufacturer primarily known for its production of chocolate and sweets. Founded in 1894 and headquartered in Hershey, Pennsylvania, the company is an iconic nam...

Hershey's Climate Target Data Preview

As of 2023, Hershey 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 Hershey ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - 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 Hershey's Greenhouse Gas Emissions Pathways

As of 2023, Hershey 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 Hershey have a target to reduce the emissions from its operations?

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

Hershey's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 420,338.596 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2023, Hershey is ahead of schedule on its operational emissions reduction target, having achieved 86% of the planned reduction.

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

2018202320300150 k300 k450 k600 kBaselineCurrent (-43%)

Does Hershey have a target to reduce the emissions from its value chain?

As of 2023, Hershey has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Hershey's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 8,515,874.56 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2023, Hershey is ahead of schedule on its value chain emissions reduction target, having achieved 58.8% of the planned reduction.

Hershey's Value Chain (Scope 3) Emissions Pathway

20182023203002.5 M5 M7.5 M10 MBaselineCurrent (-15%)
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