Smithfield Foods Inc

Common Name
Smithfield Foods
Country
United States
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
34,500
Ticker
SFD
Exchange
NASDAQ/NGS
Description
Smithfield Foods Inc. is a distinguished name in the global food industry, primarily involved in the production and processing of pork products. As a leading agribusiness and food company, Smithfield ...

Smithfield Foods's GHG Emissions Data Preview

In 2023, Smithfield 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).

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

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Smithfield Foods’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 Smithfield Foods’s data sources below and access millions more through our Disclosure Search.

a. Smithfield Foods's Sustainability Report 2023
a. Smithfield Foods's Sustainability Report 2023

Insights into Smithfield Foods's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Smithfield Foods amounted to 237,565 metric tons of CO2 equivalent. This figure reflects direct emissions from owned or controlled sources (Scope 1). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Smithfield Foods increased by 5.18%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Smithfield Foods's Scope 1 Emissions Over Time

2020202120222023060 k120 k180 k240 ktCO2e-41%+242%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Smithfield Foods's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Smithfield Foods were 237,565 metric tons of CO₂ equivalent (tCO₂e). a

Has Smithfield Foods reduced its Scope 1 emissions over time?

Since 2020, Smithfield Foods's Scope 1 emissions have increased by 112.61%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Smithfield Foods's Scope 1 emissions increased by 5.18%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

Insights into Smithfield Foods’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Smithfield Foods reported Scope 1 greenhouse gas (GHG) emissions of 237,565 tCO₂e and total revenues of USD 14,640 millions. This translates into an emissions intensity of 16.23 tCO₂e per millions USD. a

Smithfield Foods's Scope 1 Emissions Intensity Compared to Peers

1020010,000200,00010,000,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)KKKKKellanovaYear: 2024Scope 1: 347,232 tCO2eRevenue: $M 12,749Scope 1 Intensity: 27.24 tCO2e/$MCotyYear: 2023Scope 1: 8,037 tCO2eRevenue: $M 5,554Scope 1 Intensity: 1.45 tCO2e/$MKKKraft HeinzYear: 2023Scope 1: 455,972 tCO2eRevenue: $M 26,640Scope 1 Intensity: 17.12 tCO2e/$MCampbell'sYear: 2024Scope 1: 465,711 tCO2eRevenue: $M 9,636Scope 1 Intensity: 48.33 tCO2e/$MPost HoldingsYear: 2024Scope 1: 315,513 tCO2eRevenue: $M 7,923Scope 1 Intensity: 39.82 tCO2e/$MSprouts Farmers MarketYear: 2024Scope 1: 88,079 tCO2eRevenue: $M 7,719Scope 1 Intensity: 11.41 tCO2e/$MFlowers FoodsYear: 2023Scope 1: 158,322 tCO2eRevenue: $M 5,091Scope 1 Intensity: 31.10 tCO2e/$MPriceSmartYear: 2023Scope 1: 70,795 tCO2eRevenue: $M 4,412Scope 1 Intensity: 16.05 tCO2e/$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: $M 12,110Scope 1 Intensity: 51.64 tCO2e/$MJ&J Snack FoodsYear: 2024Scope 1: 21,562 tCO2eRevenue: $M 1,575Scope 1 Intensity: 13.69 tCO2e/$MKeurig Dr PepperYear: 2023Scope 1: 286,787 tCO2eRevenue: $M 14,814Scope 1 Intensity: 19.36 tCO2e/$MAltria GroupYear: 2023Scope 1: 118,646 tCO2eRevenue: $M 20,502Scope 1 Intensity: 5.79 tCO2e/$MTreeHouse FoodsYear: 2023Scope 1: 125,035 tCO2eRevenue: $M 3,432Scope 1 Intensity: 36.44 tCO2e/$MGeneral MillsYear: 2024Scope 1: 307,700 tCO2eRevenue: $M 19,857Scope 1 Intensity: 15.50 tCO2e/$MConagra BrandsYear: 2023Scope 1: 392,471 tCO2eRevenue: $M 12,277Scope 1 Intensity: 31.97 tCO2e/$MJ M SmuckerYear: 2022Scope 1: 197,694 tCO2eRevenue: $M 7,999Scope 1 Intensity: 24.72 tCO2e/$MDollar GeneralYear: 2024Scope 1: 692,872 tCO2eRevenue: $M 40,612Scope 1 Intensity: 17.06 tCO2e/$MIngredionYear: 2024Scope 1: 1,825,070 tCO2eRevenue: $M 7,430Scope 1 Intensity: 245.64 tCO2e/$MLamb Weston HoldingsYear: 2023Scope 1: 722,902 tCO2eRevenue: $M 5,351Scope 1 Intensity: 135.11 tCO2e/$MMcCormick & CompanyYear: 2023Scope 1: 34,432 tCO2eRevenue: $M 6,662Scope 1 Intensity: 5.17 tCO2e/$MSmithfield FoodsYear: 2023Scope 1: 237,565 tCO2eRevenue: $M 14,640Scope 1 Intensity: 16.23 tCO2e/$M

How does Smithfield Foods's GHG emissions intensity compare to its peers?

In 2023, Smithfield Foods reported a Scope 1 emissions intensity of 16.23 tCO₂e per millions USD. Compared to the peer group median of 19.36 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Smithfield Foods rank on GHG emissions intensity within its industry?

In 2023, Smithfield Foods ranked 10 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Smithfield Foods is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

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