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Scandinavian Tobacco Group A/S

Common Name
Scandinavian Tobacco Group
Country
Denmark
Sector
Consumer Defensive
Industry
Tobacco
Employees
10,000
Ticker
STG
Exchange
Nasdaq Copenhagen
Description
Scandinavian Tobacco Group A/S is a leading global manufacturer of cigars and traditional pipe tobacco, headquartered in Copenhagen, Denmark. The company specializes in crafting premium handmade cigar...

Scandinavian Tobacco Group's Climate Target Data Preview

As of 2025, Scandinavian Tobacco Group has disclosed 8 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 8 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 Scandinavian Tobacco Group'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)
-42%a
2030
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
-25%a
2030
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-30%a
2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-27%a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-90%a
2050
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
-90%a
2050
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-72%a
2050
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-83%a
2050
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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a. Scandinavian Tobacco Group's Annual Report 2025

Insights into Scandinavian Tobacco Group's Greenhouse Gas Emissions Pathways

As of 2025, Scandinavian Tobacco Group 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.a

Does Scandinavian Tobacco Group have a target to reduce the emissions from its operations?

As of 2025, Scandinavian Tobacco Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Scandinavian Tobacco Group's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 39,600 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.a

As of 2025, Scandinavian Tobacco Group is ahead of schedule on its operational emissions reduction target, having achieved 40.12% of the planned reduction.a

Scandinavian Tobacco Group's Operational (Scope 1+2) Emissions Pathway

2020202520302050010 k20 k30 k40 kBaselineCurrent (-36%)Target 2050 (-90%)

Does Scandinavian Tobacco Group have a target to reduce the emissions from its value chain?

As of 2025, Scandinavian Tobacco Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a

Scandinavian Tobacco Group's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 179,200 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.a

As of 2025, Scandinavian Tobacco Group is ahead of schedule on its value chain emissions reduction target, having achieved 47.62% of the planned reduction.a

Scandinavian Tobacco Group's Value Chain (Scope 3) Emissions Pathway

2022202520302050045 k90 k135 k180 kBaselineCurrent (-43%)Target 2030 (-25%)Target 2050 (-90%)
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