In 2024, NH Foods 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).
NH Foods has also provided a category-level breakdown for 11 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 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of NH Foods amounted to 748,000 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). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of NH Foods decreased by 0.4%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2024, the total Scope 1 emissions of NH Foods were 437,000 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, NH Foods's Scope 1 emissions have increased by 25.57%, reflecting a rising long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2023), NH Foods's Scope 1 emissions increased by 1.63%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2024, NH Foods reported Scope 2 greenhouse gas (GHG) emissions of 230,000 tCO₂e using the market-based method and 311,000 tCO₂e using the location-based method. a
Since 2018, NH Foods's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that NH Foods 's emissions have plateaued with no significant change in its energy consumption footprint. a c
Compared to the previous year (2023), NH Foods's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that NH Foods 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, NH Foods reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, NH Foods reported 10,567,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of NH Foods includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 10 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2024, NH Foods reported total Scope 3 emissions of 10,567,000 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 96.61% of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.39% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2018, NH Foods's Scope 3 emissions have remained relatively stable, indicating that NH Foods 's emissions have plateaued with no significant change in its value chain footprint. a c
Compared to the previous year (2023), NH Foods's Scope 3 emissions remained relatively stable, indicating that NH Foods 's emissions have plateaued with no significant change in its value chain footprint. a
In 2024, NH Foods reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to NH Foods's Scope 3 emissions were: a
In 2024, NH Foods reported Scope 1 greenhouse gas (GHG) emissions of 437,000 tCO₂e and total revenues of USD 8,607 millions. This translates into an emissions intensity of 50.77 tCO₂e per millions USD. a
In 2024, NH Foods reported a Scope 1 emissions intensity of 50.77 tCO₂e per millions USD. Compared to the peer group median of 26.24 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, NH Foods ranked 20 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places NH Foods among the least efficient performers, with one of the highest emissions intensities in its sector. a
In 2024, NH Foods reported a total carbon footprint of 11,315,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.79% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to NH Foods's total carbon footprint was Scope 3 emissions, accounting for 93.39% of the company's total carbon footprint, followed by Scope 1 emissions at 3.86%. a