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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 is a global leader in the food processing industry, primarily specializing in the manufacture, marketing, and distribution of spices, seasoning mixes, condiments, and...

McCormick & Company's 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)2023202220212020 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Limited Data Preview
You are viewing a limited preview of McCormick & Company’s Energy dataset. The full dataset, available for download, includes reported energy consumption and production by energy type (e.g., electricity, heat, fuels), energy source, and renewability, with historical coverage back to 2021.
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Verified Sources Behind McCormick & Company’s Energy Management 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 McCormick & Company’s data sources below and access millions more through our Disclosure Search.

a. McCormick & Company's GRI Report 2023

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.a

McCormick & Company's Energy Renewability Rate

1%

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.a

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.a

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.a

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

1.7 M803.08 k96.92 k1.7 MGigajoules (GJ)20232022202199%95%97%
  • 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.a

McCormick & Company's Energy Consumed by Sources and Technologies

Natural Gas(47.8%)Electricity(Unspecified Source)(47.0%)

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 a

  • Natural Gas (47.79%)
  • Electricity (Unspecified Source) (47.03%)
  • Other Fuel (3.77%)

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.a

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