Bel Group

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022, 2021, 2020, 2018

In its 2022 reporting, Bel Group disclosed greenhouse gas emissions of 4.4 million metric tons of CO2 (2021). 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
4.4 million metric tons of CO2 (2021)
2022
⚡
Renewable Energy
89%
of total energy
💧
Water Usage
4.4M m3
2022
⚙️
Energy Use
287.8K MWh
2022

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20224.4 million metric tons of CO2 (2021)
20215 million metric tons of CO2 equivalent (2020)
20206 million metric tons CO2e (2019)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Contribute to the carbon neutrality of production sites by 2025.
  • Achieve an aggregate score of 100% on three key stakes (people, planet, and animals) in regenerative agriculture by 2025.
  • Be ranked in the Top 5 in terms of customer satisfaction in its largest distribution countries by 2025.
  • Reach 440 million consumers by 2025.
  • Have 77% of employees committed to the Group’s mission by 2025.

📅 Medium-term

  • Net reduction of 1/4 of greenhouse gas emissions across its value chain by 2035 (compared to 2017).

🔭 Long-term

  • Contribute to the carbon neutrality of the entire value chain before 2050.

🌱 ESG Focus Areas

Climate ChangeSustainable AgricultureBiodiversityHealthier FoodAccessibilityEmployee Well-beingDiversity & InclusionResponsible PackagingFood Waste ReductionSupply Chain Sustainability

⚠️ Challenges & Risks +

  • Upstream dairy accounts for 67% of Bel’s carbon footprint.
  • Global e-commerce market decline.
  • Inflationary economic climate impacting affordability of products.
  • Covid-19 and inflationary situation impacting Sharing Cities program.

📋 Report Information

Reporting Period: 2022
Frameworks: Science-Based Targets initiative (SBTi), Science-Based Targets Network for Nature (SBTN)