2024 PLP Report
Governance and Approach
Planet
Communities
People
Our Journey to Net Zero
McCormick's scope 1, 2 (our operations) and 3 (our value chain) emissions goals have been validated by the Science Based Targets Initiative (SBTi), a non-governmental organization that validates greenhouse gas reduction goals to ensure they are in line with the latest climate science. Our long-term target is to achieve net zero by 2050.
As a leader in the global food industry, we work to limit the impacts of our operations and value chain on the environment and have a unique responsibility to demonstrate positive change within the industry. In 2021, we set ambitious science-based goals to reduce emissions for our operations (Scopes 1 & 2) by 42% by 2030 and emissions from our value chain (Scope 3) by 42% by 2030. This goal aligns with the latest science, which stresses the importance of limiting the rise of global temperatures to 1.5 degrees Celsius to avoid the catastrophic effects of climate change. Aligned with the Paris Agreement, our 2030 goals and long-term target to achieve net zero by 2050 have been validated by the Science Based Targets initiative.
To reduce our operational footprint, we continue to make incremental improvements through investments at the site level which create a pathway to meeting our 2030 goal. Scope 3 emissions account for over 95% of our overall greenhouse gas emissions. We know that reducing these emissions will take partnership throughout our value chain. We are establishing abatement strategies for our top emitting value chains including dairy, packaging and agricultural raw materials.
