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Hershey Co
Hershey's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified 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. Explore Hershey’s data sources below and access millions more through our Disclosure Search.
Insights into Hershey's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofHershey amounted to411,489metric 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 Hersheyincreased by 2.34%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Hershey's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Hershey's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Hershey were 190,984 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Hershey reduced its Scope 1 emissions over time?
Since 2019, Hershey's Scope 1 emissions have increased by 18.77%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Hershey's Scope 1 emissions increased by 7.29%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Hershey's Scope 2 emissions?
In 2024, Hershey reported Scope 2 greenhouse gas (GHG) emissions of 53,000 tCOâ‚‚e using the market-based method and 220,505 tCOâ‚‚e 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(2023), 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 2024, 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
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Hershey's Value Chain Emissions
In 2024, Hershey reported 6,379,418 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 Hershey includes a breakdown across 9of 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
Hershey's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Hershey's Scope 3 emissions?
In 2024, Hershey reported total Scope 3 emissions of 6,379,418 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 98.63%of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.37%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 (2023), Hershey's Scope 3 emissions decreased by 12.18%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Hershey disclose?
In 2024, 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 2024, the largest contributors to Hershey's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 5,333,992 tCOâ‚‚e(83.61%)
- Upstream Transportation and Distribution (Cat. 4): 320,793 tCOâ‚‚e(5.03%)
- Downstream Transportation and Distribution (Cat. 9): 317,855 tCOâ‚‚e(4.98%)
Hershey's Scope 3 Emissions by Categories
Insights into Hershey’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Hershey reported Scope 1 greenhouse gas (GHG) emissions of 190,984 tCOâ‚‚e and total revenues of USD 11,202 millions. This translates into an emissions intensity of 17.05 tCOâ‚‚e per millions USD.a
Hershey's Scope 1 Emissions Intensity Compared to Peers
How does Hershey's GHG emissions intensity compare to its peers?
In 2024, Hershey reported a Scope 1 emissions intensity of 17.05 tCOâ‚‚e per millions USD. Compared to the peer group median of 27.24, 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 2024, Hershey ranked 8 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 2024, Hershey reported a total carbon footprint of 6,790,907 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.42% decrease compared to 2023, 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 93.94% of the company's total carbon footprint, followed by Scope 2 emissions at 3.25%.a