- Understanding and managing scope 3 emissions
- Reducing water usage
- Further reducing waste generation across the value chain
- Addressing potential climate risks to the business
- Ensuring responsible water practices across the value chain
- Managing sustainability risks across the supply chain
NewAge Industries, Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, NewAge Industries, Inc. disclosed greenhouse gas emissions of 5.9K MT CO2e. By scope: Scope 1: 310 MT CO2e; Scope 2: 5.6K MT CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
5.9K MT CO2e
2023
Renewable Energy
6.8%
of total energy
Water Usage
59.6 Megaliters
2023
Waste
270.84 metric tons
2023
Energy Use
89.9K GJ
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 310 MT CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 5.6K MT CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 5.9K MT CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Net zero scope 2 emissions in US operations achieved through renewable energy sources (solar and RECs)
- Reduced energy consumption by one-third by changing to LED bulbs
- Recycled 81.47 metric tons of silicone in 2023
- Generated 1.3 million kWh from on-site solar arrays in 2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- Set baseline scope 1 and 3 measurement to define future reduction targets by the end of 2024
- Set a baseline year measurement for water use by the end of 2024 to establish future reduction targets
- Set a baseline measurement for waste performance by the end of 2024 to explore future reduction efforts
📅 Medium-term
- Implement a climate transition and decarbonization plan by the end of 2025
- Review 50% of targeted suppliers on environmental, social, and governance issues by the end of 2025
- Have 100% of targeted suppliers adhere to the Supplier Code of Conduct by the end of 2025
- Have 100% of procurement team undergo sustainable procurement training by the end of 2025
- Have 80% of staff trained on corruption, bribery, conflicts of interest, fraud, anticompetitive practices, money laundering, responsible information management, and other material sustainability issues related to the business conducts of NewAge by the end of 2025
🔭 Long-term
- Remain an independent, employee-owned company for the next 100 years
🌱 ESG Focus Areas
Resource ManagementCustomer SatisfactionTeam Member Engagement and SatisfactionTeam Member Recruitment, Training, Development, and RetentionTeam Member Health, Safety, and WellnessDiversity, Equity, and InclusionSupply Chain AssessmentComplianceEthics and TransparencyBusiness Continuity and Sustainability Management