📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.

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 GHG Emissions Data Preview

In 2024, McCormick & Company 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).

However, McCormick & Company has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 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
Download Data
Access this data via API
$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=MKC&reporting_period=2024"

Verified Sources Behind McCormick & Company’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 McCormick & Company’s data sources below and access millions more through our Disclosure Search.

a. McCormick & Company's ESG Data Spreadsheet 2024
a. McCormick & Company's ESG Data Spreadsheet 2024
b. McCormick & Company's CDP Climate sourced from company’s website 2020
b. McCormick & Company's CDP Climate sourced from company’s website 2020

Insights into McCormick & Company's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofMcCormick & Company amounted to133,040metric 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 McCormick & Companyincreased by 1.67%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

McCormick & Company's Scope 1 Emissions Over Time

201920202021202220232024010 k20 k30 k40 ktCO2e-2%+19%+2%-1%+1%
  • Total Scope 1
  • Year-over-Year Change

What are McCormick & Company's Scope 1 emissions?

In 2024, the total Scope 1 emissions of McCormick & Company were 38,855 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has McCormick & Company reduced its Scope 1 emissions over time?

Since 2019, McCormick & Company's Scope 1 emissions have increased by 19.36%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), McCormick & Company's Scope 1 emissions increased by 1.49%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are McCormick & Company's Scope 2 emissions?

In 2024, McCormick & Company reported Scope 2 greenhouse gas (GHG) emissions of 40,691 tCOâ‚‚e using the market-based method and 94,185 tCOâ‚‚e using the location-based method.a

Has McCormick & Company reduced its Scope 2 emissions over time?

Since 2019, McCormick & Company's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 12%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), McCormick & Company's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that McCormick & Company's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does McCormick & Company use for Scope 2 reporting?

In 2024, McCormick & Company reported its Scope 2 emissions using the market-based method and using the location-based method.a

McCormick & Company's Scope 2 Emissions Over Time

201920202021202220232024025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into McCormick & Company's Value Chain Emissions

In 2024, McCormick & Company reported 4,054,530 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 McCormick & Company includes a breakdown across 0of 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

McCormick & Company's Scope 3 Emissions Over Time

20192020202120222023202401.5 M3 M4.5 M6 MtCO2e+2%+18%+37%-4%-1%
  • Total Scope 3
  • Year-over-Year Change

What are McCormick & Company's Scope 3 emissions?

In 2024, McCormick & Company reported total Scope 3 emissions of 4,054,530 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has McCormick & Company reduced its Scope 3 emissions over time?

Since 2019, McCormick & Company's Scope 3 emissionshave increased by 56.68%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), McCormick & Company's Scope 3 emissions remained relatively stable, indicating that McCormick & Company's emissions have plateaued with no significant change in its value chain footprint.a

Insights into McCormick & Company’s GHG Emissions Intensity Compared to Industry Peers

In 2024, McCormick & Company reported Scope 1 greenhouse gas (GHG) emissions of 38,855 tCOâ‚‚e and total revenues of USD 6,724 millions. This translates into an emissions intensity of 5.78 tCOâ‚‚e per millions USD.a

McCormick & Company's Scope 1 Emissions Intensity Compared to Peers

1020010,000200,00010,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)KKUKKKKellanovaYear: 2024Scope 1: 347,232 tCO2eRevenue: $M 12,749Scope 1 Intensity: 27.24 tCO2e/$MKKKraft HeinzYear: 2024Scope 1: 412,646 tCO2eRevenue: $M 25,846Scope 1 Intensity: 15.97 tCO2e/$MCampbell'sYear: 2024Scope 1: 465,711 tCO2eRevenue: $M 9,636Scope 1 Intensity: 48.33 tCO2e/$MPost HoldingsYear: 2024Scope 1: 315,513 tCO2eRevenue: $M 7,923Scope 1 Intensity: 39.82 tCO2e/$MBrown-FormanYear: 2024Scope 1: 167,650 tCO2eRevenue: $M 4,178Scope 1 Intensity: 40.13 tCO2e/$MFlowers FoodsYear: 2024Scope 1: 145,697 tCO2eRevenue: $M 5,103Scope 1 Intensity: 28.55 tCO2e/$MHain Celestial GroupYear: 2024Scope 1: 33,167 tCO2eRevenue: $M 1,736Scope 1 Intensity: 19.10 tCO2e/$MUUUTZ BrandsYear: 2024Scope 1: 65,650 tCO2eRevenue: $M 1,409Scope 1 Intensity: 46.58 tCO2e/$MKKKindercare Learning CompaniesYear: 2024Scope 1: 23,492 tCO2eRevenue: $M 2,663Scope 1 Intensity: 8.82 tCO2e/$MCloroxYear: 2024Scope 1: 69,998 tCO2eRevenue: $M 7,093Scope 1 Intensity: 9.87 tCO2e/$MFarmer BrosYear: 2022Scope 1: 19 tCO2eRevenue: $M 315Scope 1 Intensity: 0.06 tCO2e/$MDarling IngredientsYear: 2024Scope 1: 1,936,042 tCO2eRevenue: $M 5,715Scope 1 Intensity: 338.75 tCO2e/$MBellring BrandsYear: 2023Scope 1: 228 tCO2eRevenue: $M 1,667Scope 1 Intensity: 0.14 tCO2e/$MHormel FoodsYear: 2023Scope 1: 625,338 tCO2eRevenue: $M 12,110Scope 1 Intensity: 51.64 tCO2e/$MPilgrims PrideYear: 2024Scope 1: 1,027,389 tCO2eRevenue: $M 17,878Scope 1 Intensity: 57.47 tCO2e/$MCal-Maine FoodsYear: 2024Scope 1: 204,586 tCO2eRevenue: $M 2,326Scope 1 Intensity: 87.94 tCO2e/$MJ&J Snack FoodsYear: 2024Scope 1: 21,562 tCO2eRevenue: $M 1,575Scope 1 Intensity: 13.69 tCO2e/$MTreeHouse FoodsYear: 2024Scope 1: 133,391 tCO2eRevenue: $M 3,354Scope 1 Intensity: 39.77 tCO2e/$MGeneral MillsYear: 2024Scope 1: 307,700 tCO2eRevenue: $M 19,857Scope 1 Intensity: 15.50 tCO2e/$MConagra BrandsYear: 2024Scope 1: 490,454 tCO2eRevenue: $M 12,051Scope 1 Intensity: 40.70 tCO2e/$MJ M SmuckerYear: 2024Scope 1: 165,414 tCO2eRevenue: $M 8,179Scope 1 Intensity: 20.23 tCO2e/$MIngredionYear: 2024Scope 1: 1,825,070 tCO2eRevenue: $M 7,430Scope 1 Intensity: 245.64 tCO2e/$MLamb Weston HoldingsYear: 2024Scope 1: 736,797 tCO2eRevenue: $M 6,468Scope 1 Intensity: 113.92 tCO2e/$MMcCormick & CompanyYear: 2024Scope 1: 38,855 tCO2eRevenue: $M 6,724Scope 1 Intensity: 5.78 tCO2e/$M

How does McCormick & Company's GHG emissions intensity compare to its peers?

In 2024, McCormick & Company reported a Scope 1 emissions intensity of 5.78 tCOâ‚‚e per millions USD. Compared to the peer group median of 39.77, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does McCormick & Company rank on GHG emissions intensity within its industry?

In 2024, McCormick & Company ranked 3 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places McCormick & Company among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into McCormick & Company's Total Carbon Footprint

In 2024, McCormick & Company reported a total carbon footprint of 4,187,570 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.91% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to McCormick & Company's total carbon footprint was Scope 3 emissions, accounting for 96.82% of the company's total carbon footprint, followed by Scope 2 emissions at 2.25%.a

Want Full Access to McCormick & Company's GHG Emissions Dataset?
Sign Up