Greenhouse gas (GHG) emissions are one of the major causes of rising global warming, and the companies from the consumer sector including FMCG, retail, packaging, food, and beverages account for a significant amount of the global emissions. CO2, Methane & NOx gases form a major part of greenhouse gases released from Fossil Fuels such as gas and oil. Due to rising GHG emissions from companies, it became important among major contributing sectors to report gas emissions during their operations.
Companies from the consumer sector are under increasing pressure to reduce their carbon footprint. Consumers are becoming more aware of excess carbon dioxide emissions' detrimental environmental effects. Their consumption behavior changes due to this, and they take an active interest in sustainability issues.
Imperial Brands Plc (Imperial Brands) is a manufacturer, marketer, distributor, and seller of a wide range of tobacco and related products. The company markets its products under various brands such as JPS, Parker & Simpson, West, Davidoff, Winston, blu, Knox, Montecristo, Pulze, Gauloises, iD, and Skruf.
Total GHG emissions of Imperial Brands in 2021 were 240 thousand tonnes of CO2 equivalents, a decrease of 3% from 2020. Imperial Brands has set a target to achieve net zero emissions by 2040 in line to limit global warming to 1.5 degrees Celsius.
GHG emissions are generally classified into Scope 1,2 & 3 emissions. Scope 1 includes direct GHG emissions from stationary fuel combustion and refrigerant gases. Scope 2 encompasses indirect GHG emissions from the on-site generation and purchase of electricity. Scope 3 involves all other indirect GHG emissions in Imperial Brands’ value chain.
In 2021, Imperial Brands’ Scope 1 emissions were 96 thousand tonnes of CO2eq, and Scope 2 emissions were 144 thousand tonnes of CO2eq. Imperial Brands’ target is to reduce Scope 1 & 2 emissions by 25% by 2030. Additionally, the tobacco company has established a Scope 3 goal to reduce carbon impact beyond its direct operations.
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