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European Climate Pact

Overview

Location

France

Sector

Food, beverage & tobacco

Organisation type
Business

Company Information

Pernod Ricard operates in the industry of wines and spirits. The company is based in Paris, France. In 2021 Pernod Ricard reported a revenue of 10.50 billion USD and 18,500 employees worldwide.*

*Source

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • Pernod Ricard has a target to reduce absolute scopes 1 and 2 CO2e emissions 30% by 2030 from a base year of 2018. This is a year-on-year reduction rate of 2.5% over the next 9 years

Pledge: Have a short-medium term GHG emissions reduction target (scope 1+2) with a 2.1% year-on-year reduction at a minimum

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an internal price on carbon 
  • Have an initiative in place to drive GHG emissions reduction through waste reduction and materials circularity
  • Have scope 1+2 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

 

Energy

North Star

  • Pernod Ricard has a company-wide target to consume 100% of electricity from renewable sources by 2025 from a baseline of 67.0% renewable electricity consumption in 2019

Pledge: Have a target for 100% renewable electricity consumption by no later than 2050, in line with the RE100 technical criteria 

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Publicly disclose data on water-related impact to investors through a public platform
  • Have board-level oversight of water issues
  • Provide C-suite incentives for the management of water related issues
  • Regularly monitor and measure key water security metrics at least for 75% of the company's facilities

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

North Star

  • Pernod Ricard have a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

 

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

Our actions – the Pathway

  • Have an ongoing and transparent dialogue with our value chain around climate-related issues

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022