Spectrum Brands Holdings Inc

Common Name
Spectrum Brands Holdings
Country
United States
Sector
Consumer Defensive
Industry
Household & Personal Products
Employees
3,100
Ticker
SPB
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Spectrum Brands Holdings Inc. is a diversified global consumer products company. Its primary function is to manufacture and market a wide variety of home essentials, serving categories such as home ap...

Spectrum Brands Holdings's GHG Emissions Data Preview

In 2023, Spectrum Brands Holdings 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).

Spectrum Brands Holdings has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

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 Spectrum Brands Holdings’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 Spectrum Brands Holdings’s data sources below and access millions more through our Disclosure Search.

a. Spectrum Brands Holdings's CDP Climate sourced from company’s website 2024
a. Spectrum Brands Holdings's CDP Climate sourced from company’s website 2024
b. Spectrum Brands Holdings's Sustainability Report 2024
b. Spectrum Brands Holdings's Sustainability Report 2024

Insights into Spectrum Brands Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Spectrum Brands Holdings amounted to 107,094 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 2022, the total operational greenhouse gas (GHG) emissions of Spectrum Brands Holdings decreased by 4.53%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

Spectrum Brands Holdings's Scope 1 Emissions Over Time

20182019202020212022202309.5 k19 k28.5 k38 ktCO2e+2%-14%-7%-6%-13%
  • Total Scope 1
  • Year-over-Year Change

What are Spectrum Brands Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Spectrum Brands Holdings were 24,624 metric tons of CO₂ equivalent (tCO₂e). a

Has Spectrum Brands Holdings reduced its Scope 1 emissions over time?

Since 2018, Spectrum Brands Holdings's Scope 1 emissions have decreased by 33.3%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Spectrum Brands Holdings's Scope 1 emissions decreased by 13.39%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b

What are Spectrum Brands Holdings's Scope 2 emissions?

In 2023, Spectrum Brands Holdings reported Scope 2 greenhouse gas (GHG) emissions of 85,513 tCO₂e using the market-based method and 82,470 tCO₂e using the location-based method. a

What methodology does Spectrum Brands Holdings use for Scope 2 reporting?

In 2023, Spectrum Brands Holdings reported its Scope 2 emissions using the market-based method and using the location-based method. a

Spectrum Brands Holdings's Scope 2 Emissions Over Time

201820192020202120222023025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Spectrum Brands Holdings's Value Chain Emissions

In 2023, Spectrum Brands Holdings reported 1,717,356 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 2023 disclosure of Spectrum Brands Holdings includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Spectrum Brands Holdings's Scope 3 Emissions Over Time

20230450 k900 k1.35 M1.8 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Spectrum Brands Holdings's Scope 3 emissions?

In 2023, Spectrum Brands Holdings reported total Scope 3 emissions of 1,717,356 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

What categories of Scope 3 emissions does Spectrum Brands Holdings disclose?

In 2023, Spectrum Brands Holdings reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Spectrum Brands Holdings's Scope 3 emissions?

In 2023, the largest contributors to Spectrum Brands Holdings's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 1,437,644 tCO₂e (83.71%)
  • Upstream Transportation and Distribution (Cat. 4): 211,383 tCO₂e (12.31%)
  • Employee Commuting (Cat. 7): 26,721 tCO₂e (1.56%)

Spectrum Brands Holdings's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(12.3%)Purchased Goods andServices (Cat. 1)(83.7%)Employee Commuting(Cat. 7)(1.6%)

Insights into Spectrum Brands Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Spectrum Brands Holdings reported Scope 1 greenhouse gas (GHG) emissions of 24,624 tCO₂e and total revenues of USD 2,919 millions. This translates into an emissions intensity of 8.44 tCO₂e per millions USD. a

Spectrum Brands Holdings's Scope 1 Emissions Intensity Compared to Peers

2050020,000500,00010,000,000Scope 1 Emissions (tCO2e)1001,0005,00050,000200,000Revenues (Millions of USD)AAAAndersonsYear: 2024Scope 1: 717,735 tCO2eRevenue: $M 11,258Scope 1 Intensity: 63.76 tCO2e/$MWeis MarketsYear: 2023Scope 1: 116,710 tCO2eRevenue: $M 4,697Scope 1 Intensity: 24.85 tCO2e/$MBoston BeerYear: 2023Scope 1: 47,613 tCO2eRevenue: $M 2,009Scope 1 Intensity: 23.70 tCO2e/$MCotyYear: 2023Scope 1: 8,037 tCO2eRevenue: $M 5,554Scope 1 Intensity: 1.45 tCO2e/$MMonster BeverageYear: 2023Scope 1: 15,259 tCO2eRevenue: $M 7,140Scope 1 Intensity: 2.14 tCO2e/$Melf BeautyYear: 2024Scope 1: 67 tCO2eRevenue: $M 1,024Scope 1 Intensity: 0.07 tCO2e/$MProcter & GambleYear: 2024Scope 1: 1,987,038 tCO2eRevenue: $M 84,039Scope 1 Intensity: 23.64 tCO2e/$MPost HoldingsYear: 2024Scope 1: 315,513 tCO2eRevenue: $M 7,923Scope 1 Intensity: 39.82 tCO2e/$MNewell BrandsYear: 2024Scope 1: 212,438 tCO2eRevenue: $M 7,582Scope 1 Intensity: 28.02 tCO2e/$MBrown-FormanYear: 2021Scope 1: 100,594 tCO2eRevenue: $M 3,461Scope 1 Intensity: 29.07 tCO2e/$MFlowers FoodsYear: 2023Scope 1: 158,322 tCO2eRevenue: $M 5,091Scope 1 Intensity: 31.10 tCO2e/$MPriceSmartYear: 2023Scope 1: 70,795 tCO2eRevenue: $M 4,412Scope 1 Intensity: 16.05 tCO2e/$MCloroxYear: 2023Scope 1: 65,504 tCO2eRevenue: $M 7,389Scope 1 Intensity: 8.87 tCO2e/$MDarling IngredientsYear: 2024Scope 1: 1,936,042 tCO2eRevenue: $M 5,715Scope 1 Intensity: 338.75 tCO2e/$MEdgewell Personal CareYear: 2023Scope 1: 8,391 tCO2eRevenue: $M 2,252Scope 1 Intensity: 3.73 tCO2e/$MColgate-PalmoliveYear: 2023Scope 1: 217,800 tCO2eRevenue: $M 19,457Scope 1 Intensity: 11.19 tCO2e/$MEstee Lauder CompaniesYear: 2024Scope 1: 36,600 tCO2eRevenue: $M 15,608Scope 1 Intensity: 2.35 tCO2e/$MKenvueYear: 2024Scope 1: 56,538 tCO2eRevenue: $M 15,455Scope 1 Intensity: 3.66 tCO2e/$MTurning Point BrandsYear: 2020Scope 1: 1,981 tCO2eRevenue: $M 405Scope 1 Intensity: 4.89 tCO2e/$MTreeHouse FoodsYear: 2023Scope 1: 125,035 tCO2eRevenue: $M 3,432Scope 1 Intensity: 36.44 tCO2e/$MGeneral MillsYear: 2024Scope 1: 307,700 tCO2eRevenue: $M 19,857Scope 1 Intensity: 15.50 tCO2e/$MMondelez InternationalYear: 2024Scope 1: 875,000 tCO2eRevenue: $M 36,441Scope 1 Intensity: 24.01 tCO2e/$MIngredionYear: 2024Scope 1: 1,825,070 tCO2eRevenue: $M 7,430Scope 1 Intensity: 245.64 tCO2e/$MKimberly-ClarkYear: 2024Scope 1: 1,686,000 tCO2eRevenue: $M 20,058Scope 1 Intensity: 84.06 tCO2e/$MChurch & DwightYear: 2024Scope 1: 70,486 tCO2eRevenue: $M 6,107Scope 1 Intensity: 11.54 tCO2e/$MSpectrum Brands HoldingsYear: 2023Scope 1: 24,624 tCO2eRevenue: $M 2,919Scope 1 Intensity: 8.44 tCO2e/$M

How does Spectrum Brands Holdings's GHG emissions intensity compare to its peers?

In 2023, Spectrum Brands Holdings reported a Scope 1 emissions intensity of 8.44 tCO₂e per millions USD. Compared to the peer group median of 23.64 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Spectrum Brands Holdings rank on GHG emissions intensity within its industry?

In 2023, Spectrum Brands Holdings ranked 8 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Spectrum Brands Holdings's Total Carbon Footprint

In 2023, Spectrum Brands Holdings reported a total carbon footprint of 1,824,450 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1,526.5% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Spectrum Brands Holdings's total carbon footprint was Scope 3 emissions, accounting for 94.13% of the company's total carbon footprint, followed by Scope 2 emissions at 4.52%. a

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