Greenhouse gas (GHG) emissions are one of the major causes of rising global warming. CO2, Methane & NOx gases form a major part of greenhouse gases released from fossil fuels such as oil and gas. Due to rising GHG emissions from the operations of companies, it became important among major contributing sectors to report GHG emissions during their operations.
Several retailers, including Walmart, already measure their carbon footprints and climate change programs. Retailers generate a significant portion of their carbon footprint in their stores. Heating, lighting, air conditioning, ventilation, cooking, and refrigeration are the main factors for direct energy consumption, and therefore carbon emissions, of a retail outlet.
Starbucks Corp (Starbucks) is a specialty coffee retailer. It roasts, markets, and retails specialty coffee. The company, through its stores, offers several blends of coffee, handcrafted beverages, merchandise, and food items. Starbucks also offers whole bean and ground coffee, readymade drinks, snacks, and other beverages. Its brands include Teavana, Evolution Fresh, Starbucks Reserve, Princi, Seattle’s Best Coffee, and Ethos.
The total GHG emissions of Starbucks in the financial year (FY) ending 2021 were 14,706 thousand tonnes of CO2 equivalents, an increase of 1.1% over FY2019.
GHG emissions are generally classified into Scope 1, 2, and 3 emissions. Scope 1 includes direct GHG emissions from sources owned or controlled by the company. Scope 2 encompasses indirect emissions resulting from the generation of energy that the company purchases, such as electricity. Scope 3 involves other indirect emissions that relate to the emissions produced by Starbucks' entire value chain.
In FY2021, Scope 3 emissions form the major portion of Starbucks’ total GHG emissions, accounting for around 13,859 thousand tonnes of CO2 equivalent (94.2% of the total GHG emissions). In FY2021, the company's Scope 2 emissions (475 thousand tonnes CO2 equivalent) increased by 19.7%, and Scope 1 emissions (372 thousand tonnes CO2 equivalent) increased by 6.5% over FY2019.
Starbucks has set a 2030 target of a 50% absolute reduction in scope 1, 2, and 3 GHG emissions representing all its direct operations and value chain.
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