McCormick & Company Inc
McCormick & Company Energy Data Preview
In 2023, McCormick & Company disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
McCormick & Company also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, McCormick & Company also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, McCormick & Company also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate McCormick & Company's reliance on fossil fuels versus cleaner alternatives.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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Insights into McCormick & Company's Energy Renewability
In 2023, McCormick & Company consumed a total of 1.55 million Gigajoules of energy across its operations. Of this total, 0.94% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 99.06% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
McCormick & Company's Energy Renewability Rate
How much of McCormick & Company's energy consumed is renewable?
In 2023, McCormick & Company consumed a total of 1.55 million Gigajoules of energy, of which 0.94% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that McCormick & Company has considerable room to improve its energy sustainability strategy.
Are McCormick & Company's energy practices becoming more sustainable?
Since 2021, McCormick & Company's total energy consumption decreased by 3.34%, including a further 3.86% drop in 2023, highlighting a continued decline in energy use.
Over the same period, the share of renewable energy decreased by 72.67%, with a further 79.32% drop in 2023, highlighting a weakening in renewable energy performance.
Overall, McCormick & Company’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.
McCormick & Company's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into McCormick & Company's Energy Consumption & Production Mix
In 2023, McCormick & Company disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the McCormick & Company's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
McCormick & Company's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind McCormick & Company's energy consumption?
In 2023, McCormick & Company's total energy consumption was primarily sourced from
- Electricity (Unspecified Source) (51.31%)
- Natural Gas (46.02%)
- Steam (Unspecified Source) (1.43%)
How diverse is McCormick & Company’s energy consumption mix?
In 2023, McCormick & Company consumed energy from 4 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.