The Hershey Company

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021, 2020-10 to 2021-09, 2015, 2014, 2013

In its 2023 reporting, The Hershey Company disclosed greenhouse gas emissions of 6.4 million tCO2e (2023). 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
6.4 million tCO2e (2023)
2023
⚡
Renewable Energy
80% (2023)
of total energy

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20236.4 million tCO2e (2023)
20215.6M tCO2e/year
2015307.7K tCO2e/year (Scope 1 and 2 combined)
2014320.5K tCO2e (Scope 1 & 2 combined)

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

  • Achieve a deforestation and conversion-free supply chain for cocoa, palm oil, pulp and paper, and direct soy by December 31, 2025

📅 Medium-term

  • Reduce absolute Scope 1 and 2 emissions by 50% and absolute Scope 3 emissions by 25% by 2030 (against a 2018 baseline)
  • Achieve 100% renewable and zero-emission electricity coverage by 2030
  • Deliver a 20% absolute water use reduction at priority sites by 2030 (against a 2018 baseline)
  • Reduce packaging weight by an additional 25 million pounds by 2030

🔭 Long-term

  • Plant 1.2 million trees in Côte d’Ivoire by the end of 2028

🌱 ESG Focus Areas

Climate ChangeWater StewardshipBiodiversityDeforestationSustainable SourcingPackagingRegenerative AgricultureHuman RightsSupply Chain Resilience

⚠️ Challenges & Risks +

  • Physical supply chain disruptions due to extreme temperatures, drought, and water stress
  • Geopolitical risk factors
  • Competition for and rising costs of sustainably sourced ingredients
  • Potential implications of a carbon tax
  • Water stress affecting facilities in India and Mexico
  • Biodiversity loss

📋 Report Information

Reporting Period: 2023
Frameworks: TCFD
Assurance: Quantis (limited data); EY (limited assurance)