McCormick & Company Inc

Common Name
McCormick & Company
Country
United States
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
14,100
Ticker
MKC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
McCormick & Company, Incorporated, stands as a leading entity in the global food and beverage sector, primarily engaged in the manufacture, marketing, and distribution of spices, seasoning mixes, cond...

McCormick & Company's Climate Target Data Preview

As of 2023, McCormick & Company has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 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 McCormick & Company ’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 - 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, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

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 McCormick & Company's Greenhouse Gas Emissions Pathways

As of 2023, McCormick & Company 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 McCormick & Company have a target to reduce the emissions from its operations?

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

McCormick & Company's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 126,498 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

As of 2023, McCormick & Company is ahead of schedule on its operational emissions reduction target, having achieved 95.24% of the planned reduction.

McCormick & Company's Operational (Scope 1+2) Emissions Pathway

202020232030035 k70 k105 k140 kBaselineCurrent (-40%)

Does McCormick & Company have a target to reduce the emissions from its value chain?

As of 2023, McCormick & Company 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.

McCormick & Company's most ambitious value chain target is to reduce these emissions by 42% by 2030, compared to a baseline of 2,528,829 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

As of 2023, McCormick & Company is on track to meet its value chain emissions reduction target, having achieved 26.19% of the planned reduction.

McCormick & Company's Value Chain (Scope 3) Emissions Pathway

2020202320300650 k1.3 M1.95 M2.6 MBaselineCurrent (-11%)Target 2030 (-42%)

Does McCormick & Company have a target to reduce its total carbon footprint?

As of 2023, McCormick & Company has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

McCormick & Company's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 3,132,659 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020, by 90% by 2050.

As of 2022, McCormick & Company is ahead of schedule on its total carbon footprint reduction target, having achieved 19.04% of the planned reduction.

McCormick & Company's Carbon Footprint (Scope 1+2+3) Emissions Pathway

2020202220500800 k1.6 M2.4 M3.2 MBaselineCurrent (-17%)Target 2050 (-90%)
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