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)2024202320222021 - 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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Spectrum Brands Holdings's Scope 2 emissions?

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

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.

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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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:

  • Purchased Goods and Services (Cat. 1): 1,437,644 tCOâ‚‚e (83.71%)
  • Upstream Transportation and Distribution (Cat. 4): 211,383 tCOâ‚‚e (12.31%)
  • Employee Commuting (Cat. 7): 26,721 tCOâ‚‚e (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 Total Carbon Footprint

In 2023, Spectrum Brands Holdings reported a total carbon footprint of 1,824,450 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

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