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Hershey Co

Common Name
Hershey
Country
United States
Sector
Consumer Defensive
Industry
Confectioners
Employees
17,550
Ticker
HSY
Exchange
New York Stock Exchange
Description
The Hershey Company is a global confectionery and snacks manufacturer specializing in chocolate, sweets, mints, and related snack products. Its portfolio spans well-known brands such as Hershey’s, Ree...

Hershey's GHG Emissions Data Preview

In 2025, Hershey 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).

Hershey has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
190,815a
190,984a
178,001a
Total Scope 2
Market-Based
49,210a
53,000a
61,592a
Location-Based
223,564a
220,505a
224,083a
Total Scope 3
5,581,219a
6,379,418a
7,264,041a
Total Scope 1 Revenue Intensity (tCO2e/$M)
16.3193a
17.0487a
15.9428a
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Verified Sources Behind Hershey’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.

a. Hershey's Responsible Business Report 2025
b. Hershey's ESG Report 2021

Insights into Hershey's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Hershey amounted to 414,379 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 2024, the total operational greenhouse gas (GHG) emissions of Hershey increased by 0.7%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Hershey's Scope 1 Emissions Over Time

2019202020212022202320242025050 k100 k150 k200 ktCO2e-2%-7%+22%-1%+7%0%
  • Total Scope 1
  • Year-over-Year Change

What are Hershey's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Hershey were 190,815 metric tons of CO₂ equivalent (tCO₂e).a

Has Hershey reduced its Scope 1 emissions over time?

Since 2019, Hershey's Scope 1 emissions have increased by 18.66%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2024), Hershey's Scope 1 emissions remained relatively stable, indicating that Hershey's emissions have plateaued with no significant change in its operational footprint.a

What are Hershey's Scope 2 emissions?

In 2025, Hershey reported Scope 2 greenhouse gas (GHG) emissions of 49,210 tCO₂e using the market-based method and 223,564 tCO₂e using the location-based method.a

Has Hershey reduced its Scope 2 emissions over time?

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

Compared to the previous year (2024), Hershey's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Hershey's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Hershey use for Scope 2 reporting?

In 2025, Hershey reported its Scope 2 emissions using the market-based method and using the location-based method.a

Hershey's Scope 2 Emissions Over Time

2019202020212022202320242025060 k120 k180 k240 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Hershey's Value Chain Emissions

In 2025, Hershey reported 5,581,219 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 2025 disclosure of Hershey includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Hershey's Scope 3 Emissions Over Time

201920202021202220232024202502 M4 M6 M8 MtCO2e-8%-6%+11%+22%-12%-13%
  • Total Scope 3
  • Year-over-Year Change

What are Hershey's Scope 3 emissions?

In 2025, Hershey reported total Scope 3 emissions of 5,581,219 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 98.8% of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.2% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Hershey reduced its Scope 3 emissions over time?

Since 2019, Hershey's Scope 3 emissionshave remained relatively stable, indicating that Hershey's emissions have plateaued with no significant change in its value chain footprint.ab

Compared to the previous year (2024), Hershey's Scope 3 emissions decreased by 12.51%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Hershey disclose?

In 2025, Hershey reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

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

In 2025, the largest contributors to Hershey's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 4,650,715 tCO₂e (83.33%)
  • Downstream Transportation and Distribution (Cat. 9): 331,693 tCO₂e (5.94%)
  • Upstream Transportation and Distribution (Cat. 4): 291,530 tCO₂e (5.22%)

Hershey's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(5.2%)Purchased Goods andServices (Cat. 1)(83.3%)DownstreamTransportation andDistribution(Cat. 9)(5.9%)

Insights into Hershey’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Hershey reported Scope 1 greenhouse gas (GHG) emissions of 190,815 tCO₂e and total revenues of USD 11,693 millions. This translates into an emissions intensity of 16.32 tCO₂e per millions USD.a

Hershey's Scope 1 Emissions Intensity Compared to Peers

2005,000100,0001,000,00020,000,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)Darling IngredientsYear: 2025Scope 1: 1,921,109 tCO2eRevenue: $M 6,136Scope 1 Intensity: 313.09 tCO2e/$MSmithfield FoodsYear: 2024Scope 1: 2,179,135 tCO2eRevenue: $M 14,142Scope 1 Intensity: 154.09 tCO2e/$MCloroxYear: 2024Scope 1: 69,998 tCO2eRevenue: $M 7,093Scope 1 Intensity: 9.87 tCO2e/$MJ.M. SmuckerYear: 2024Scope 1: 165,414 tCO2eRevenue: $M 8,179Scope 1 Intensity: 20.23 tCO2e/$MHormel FoodsYear: 2024Scope 1: 527,671 tCO2eRevenue: $M 11,921Scope 1 Intensity: 44.26 tCO2e/$MMcCormick & CompanyYear: 2025Scope 1: 38,851 tCO2eRevenue: $M 6,840Scope 1 Intensity: 5.68 tCO2e/$MMonster BeverageYear: 2023Scope 1: 15,259 tCO2eRevenue: $M 7,140Scope 1 Intensity: 2.14 tCO2e/$MJalles MachadoYear: 2022Scope 1: 158,087 tCO2eRevenue: $M 304Scope 1 Intensity: 520.35 tCO2e/$MGuan ChongYear: 2024Scope 1: 29,979 tCO2eRevenue: $M 2,335Scope 1 Intensity: 12.84 tCO2e/$MUlker Biskuvi SanayiYear: 2024Scope 1: 106,068 tCO2eRevenue: $M 2,378Scope 1 Intensity: 44.61 tCO2e/$MCloettaYear: 2024Scope 1: 19,304 tCO2eRevenue: $M 782Scope 1 Intensity: 24.70 tCO2e/$MBalrampur Chini MillsYear: 2023Scope 1: 1,486 tCO2eRevenue: $M 568Scope 1 Intensity: 2.61 tCO2e/$MMorinaga & CoYear: 2024Scope 1: 25,345 tCO2eRevenue: $M 1,409Scope 1 Intensity: 17.99 tCO2e/$MConstellation BrandsYear: 2026Scope 1: 266,194 tCO2eRevenue: $M 9,139Scope 1 Intensity: 29.13 tCO2e/$MChurch & DwightYear: 2025Scope 1: 66,135 tCO2eRevenue: $M 6,203Scope 1 Intensity: 10.66 tCO2e/$MKellanovaYear: 2024Scope 1: 347,232 tCO2eRevenue: $M 12,749Scope 1 Intensity: 27.24 tCO2e/$MEstee Lauder CompaniesYear: 2025Scope 1: 36,900 tCO2eRevenue: $M 14,326Scope 1 Intensity: 2.58 tCO2e/$MKimberly-ClarkYear: 2025Scope 1: 1,660,000 tCO2eRevenue: $M 16,447Scope 1 Intensity: 100.93 tCO2e/$MKenvueYear: 2024Scope 1: 56,538 tCO2eRevenue: $M 15,455Scope 1 Intensity: 3.66 tCO2e/$MKeurig Dr PepperYear: 2025Scope 1: 305,468 tCO2eRevenue: $M 16,603Scope 1 Intensity: 18.40 tCO2e/$MLotteYear: 2024Scope 1: 4,481,000 tCO2eRevenue: $M 10,738Scope 1 Intensity: 417.30 tCO2e/$MBarry CallebautYear: 2025Scope 1: 116,077 tCO2eRevenue: $M 18,484Scope 1 Intensity: 6.28 tCO2e/$MLindt & SprüngliYear: 2025Scope 1: 65,177 tCO2eRevenue: $M 7,467Scope 1 Intensity: 8.73 tCO2e/$MMondelez InternationalYear: 2025Scope 1: 892,174 tCO2eRevenue: $M 38,537Scope 1 Intensity: 23.15 tCO2e/$MHersheyYear: 2025Scope 1: 190,815 tCO2eRevenue: $M 11,693Scope 1 Intensity: 16.32 tCO2e/$M

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

In 2025, Hershey reported a Scope 1 emissions intensity of 16.32 tCO₂e per millions USD. Compared to the peer group median of 19.31, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Hershey rank on GHG emissions intensity within its industry?

In 2025, Hershey ranked 11 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

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

Insights into Hershey's Total Carbon Footprint

In 2025, Hershey reported a total carbon footprint of 5,995,598 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.71% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Hershey's total carbon footprint was Scope 3 emissions, accounting for 93.09% of the company's total carbon footprint, followed by Scope 2 emissions at 3.73%.a

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