Hershey Co
Hershey's GHG Emissions Data Preview
In 2023, 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions 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 Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Hershey amounted to 402,084 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Hershey decreased by 2.36%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Hershey's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Hershey's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Hershey were 178,001 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Hershey reduced its Scope 1 emissions over time?
Since 2018, Hershey's Scope 1 emissions have increased by 13.24%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Hershey's Scope 1 emissions remained relatively stable, indicating that Hershey's emissions have plateaued with no significant change in its operational footprint.
What are Hershey's Scope 2 emissions?
In 2023, Hershey reported Scope 2 greenhouse gas (GHG) emissions of 61,592 tCOâ‚‚e using the market-based method, and 224,083 tCOâ‚‚e using the location-based method.
Has Hershey reduced its Scope 2 emissions over time?
Compared to the previous year (2022), 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.
What methodology does Hershey use for Scope 2 reporting?
In 2023, Hershey reported its Scope 2 emissions using the market-based method and using the location-based method.
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 2023, Hershey reported 7,264,041 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Hershey includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 8 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
Hershey's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Hershey's Scope 3 emissions?
In 2023, Hershey reported total Scope 3 emissions of 7,264,041 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 98.35% of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.65% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Hershey reduced its Scope 3 emissions over time?
Since 2018, Hershey's Scope 3 emissions have increased by 10.86%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Hershey's Scope 3 emissions increased by 22.26%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does Hershey disclose?
In 2023, Hershey reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.
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 2023, the largest contributors to Hershey's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 6,224,489 tCOâ‚‚e (85.69%)
- Upstream Transportation and Distribution (Cat. 4): 299,367 tCOâ‚‚e (4.12%)
- Downstream Transportation and Distribution (Cat. 9): 206,654 tCOâ‚‚e (2.84%)
Hershey's Scope 3 Emissions by Categories
Insights into Hershey's Total Carbon Footprint
In 2023, Hershey reported a total carbon footprint of 7,666,125 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.66% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Hershey's total carbon footprint was Scope 3 emissions, accounting for 94.76% of the company's total carbon footprint, followed by Scope 2 emissions at 2.92%.