YETI Holdings, Inc.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020-12-29 to 2021-01-02

In its 2023 reporting, YETI Holdings, Inc. disclosed greenhouse gas emissions of 513.1K tCO2e/year (Scope 3). By scope: Scope 1: 218 tCO2e/year; Scope 2: 774 tCO2e/year; Scope 3: 513.1K tCO2e/year. 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
513.1K tCO2e/year (Scope 3)
2023
⚡
Renewable Energy
100% in Austin headquarters; purchasing RECs for other facilities
of total energy
♻️
Waste
867 tons/year
2023
⚙️
Energy Use
4.8M kWh/year (internal); 44325000 kWh/year (external)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).218 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.774 tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).513.1K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023513.1K tCO2e/year (Scope 3)
2022415.4K tCO2e/year
2021278.7K tCO2e/year (Scope 3)
2020-12-29 to 2021-01-02211.4K tCO2e/year

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

  • Reduce Scope 1 & 2 emissions 50% by 2030 compared to a 2020 baseline
  • Reduce Scope 3 emissions 27% by 2030 compared to a 2020 baseline
  • 100% of YETI’s sourcing will come from Tier 1 and 2 suppliers who meet our responsible sourcing expectations by 2025
  • 100% of Tier 1 and 2 suppliers will have worker wellbeing or fair wage programs in place by 2030
  • 100% of YETI packaging will be recyclable or reusable by 2025

📅 Medium-term

  • Increase gender diversity at leadership levels by 2030
  • Increase racial and ethnic diversity at all levels by 2030
  • Increase the gender diversity of Ambassadors by 2030
  • Increase the racial and ethnic diversity of Ambassadors by 2030
  • Increase international Ambassadors by 2030

🌱 ESG Focus Areas

PeopleProductPlaces

⚠️ Challenges & Risks +

  • Scope 3 emissions increased due to improved measurement methodologies and data collection practices and planned organic business growth.
  • Challenges to scale material substitutions include supply chain constraints, cost premiums, traceability, and the technical development of low-impact alternatives.
  • Finding recyclers or downcyclers that are able to convert mixed-material products not eligible for resale or donation.
  • Lack of local infrastructure, access to recycling technologies, and the lower value of recyclable material in achieving zero waste.

📋 Report Information

Reporting Period: 2023
Frameworks: SASB, TCFD, GRI
Assurance: Apex Companies, LLC (limited assurance on GHG emissions)