Varun Beverages Ltd
Varun Beverages's Climate Target Data Preview
As of 2024, Varun Beverages has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 2 intensity-based 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 Varun Beverages's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2033 |
Absolute-based Target | Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12) | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2033 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Liter (l) of Beverage Produced/Manufactured | Copy/Paste is a PRO feature.  a | 2030 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Liter (l) of Beverage Produced/Manufactured | 0000000 | 2030 |
Verified Sources Behind Varun Beverages’s Climate Targets Data
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Insights into Varun Beverages's Greenhouse Gas Emissions Pathways
As of 2024, Varun Beverages 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.ab
Does Varun Beverages have a target to reduce the emissions from its operations?
As of 2024, Varun Beverages has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Varun Beverages's most ambitious operational target is to reduce these emissions by 60% by 2033, compared to a baseline of 379,424.119 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.a
Instead of reducing operational emissions, Varun Beverages has increased them, with 2024 levels exceeding those of the 2023 baseline, placing the company well behind its reduction target.a
Varun Beverages's Operational (Scope 1+2) Emissions Pathway
Does Varun Beverages have a target to reduce its total carbon footprint?
As of 2024, Varun Beverages has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.ab
Varun Beverages's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 81.4 Metric Tonnes of CO2 equivalent (mtCO2e) per Liter (l) of Beverage Produced/Manufactured in 2020, by 71.5% by 2030.ab
As of 2023, Varun Beverages is ahead of schedule on its total carbon footprint reduction target, having achieved 34.8% of the planned reduction.ab