MCCORMICKCO Limited Climate Report

The purpose of the report is to increase the understanding of what is driving the company’s greenhouse gas emissions, set targets to reduce these emissions, and ensure transparency and traceability on the journey towards net-zero.

Methodology

The emissions or greenhouse gas accounting is based on the Greenhouse Gas (GHG) Protocol’s corporate and value chain standards (ghgprotocol.org).

The GHG Protocol defines emissions in three scopes:

  • Scope 1 – The company's direct emissions from vehicles, combustion, processes, or leakages
  • Scope 2 – The company's indirect emissions from energy purchased and consumed (electricity, heating, cooling).
  • Scope 3 – Greenhouse gas emissions that occur upstream and downstream in the company's value chain, as a consequence of the company's operations. Examples of scope 3 emissions are purchased goods and services, transport, use and disposal of products, business travel and employee commuting.

Total greenhouse gas emissions are quantified in carbon dioxide equivalents (CO2e), which take into consideration that different greenhouse gases (carbon dioxide, nitrogen oxides, methane etc.) have different global warming factors.

Introduction *

reporting year

*

2022

number of employees in the reporting year

*

2

Commitment And Targets *

net zero target year

*

2030

Base year

*

2021

comment on your net zero targets

*

-

near-term scope 1 target

*

0.1

target year

*

2030

near-term scope 2 target

*

0.5

target year

*

2030

near-term scope 3 target

*

2

target year

*

2030

comment on your near-term targets

*

-

Own emissions *

scope 1 emissions

scope 1 emissions (metric tons co2e)

*

0.351

own facilities

*

0

own vehicles

*

0.351

metric tons CO2e

own processes

*

0

scope 2 emissions

scope 2 emissions (metric tons co2e)

*

0.00

total energy consumption (kwh)

*

-

renewable energy

*

-

purchased electricity

*

0

Renewable electricity (%)

-

purchased steam

*

0

Renewable electricity (%)

-

purchased heating

*

0

Renewable electricity (%)

-

purchased cooling

*

0

Renewable electricity (%)

-

Comment on your energy consumption

*

-

Value chain emissions *

scope 3 emissions

scope 3 emissions (metric tons co2e)

*

3.7

supply chain related - upstream emissions

purchased goods and services

*

2.93

metric tons CO2e

capital goods

*

0.603

metric tons CO2e

fuel and energy related activities

*

N/A

transportation and distribution (upstream)

*

N/A

waste in operations

*

N/A

business travel

*

0.175

metric tons CO2e

employee commuting

*

N/A

leased assets (upstream)

*

N/A

customer related - downstream emissions

transportation and distribution (downstream)

*

-

processing of sold products

*

-

use of sold products

*

-

end-of-life treatment of products

*

-

leased assets (downstream)

*

-

franchises

*

-

investments

*

-

If you have excluded or have not measured any relevant sources of value chain emissions, provide your estimate of the % of your total emissions that is represented by these sources.

*

-

List any sources of emissions excluded:

*

-

describe the calculation methodology and comment on accuracy:

*

-

Actions and plans to reduce emissions *

to reduce emissions in line with my commitment, my company has a plan and is taking action:

*

Yes

Scope 1 Actions

own facilities

N/A

-

own vehicles

Yes

MCCORMICKCO will be moving towards electric vehicles and more sustainable forms of transport over the next few years

own processes

N/A

-

scope 2 actions

purchased electricity

N/A

-

purchased steam

N/A

-

purchased heating

N/A

-

purchased cooling

N/A

-

scope 3 actions

supply chain related (upstream)

purchased good and services

*

Yes

McCormickCo Limited will be committed to working with suppliers who are equally committed to netzero.

capital goods

*

N/A

-

fuel and energy related activities

*

N/A

-

transportation and distribution (upstream)

*

N/A

-

waste in operation

*

N/A

-

business travel

*

N/A

-

employee commuting

*

N/A

-

upstream leased assets

*

N/A

-

customer related (downstream)

transportation and distribution (downstream)

*

N/A

-

processing of sold products

*

N/A

-

use of sold products

*

N/A

-

end-of-life treatment of products

*

N/A

-

leased assets (downstream)

*

N/A

-

franchises

*

N/A

-

investments

*

N/A

-

i have asked my suppliers to halve emissions before 2030 and join the un-backed race to zero campaign

*

Yes

percentage (%) of suppliers asked

*

50

percentage (%) of suppliers committed

*

10

i have communicated my commitment and actions to my business customers and asked them to join the un race to zero

*

No

Climate Solutions *

Do you classify any of your existing goods and/or services as low carbon products or products that enable a third party to avoid GHG emissions in their value chain, here named “climate solutions”?

*

No

What percentage of your total revenue comes from sales of climate solutions?

*

-

Provide descriptions/names of your climate solutions:

*

-

Methodology used to assess these as climate solutions:

*

-

Third party which has validated the assessment, if any:

*

-

How much of your research and development budget is allocated to climate solutions?

*

-

are you investing in climate and/or nature outside your value chain?

*

-

Management and strategy *

Is responsibility for climate strategy and action clearly allocated at executive & board level? If yes, describe how and to which positions.

*

Yes

The Director of Business Operations is responsible for this initiative.

Is there board level oversight of climate action? If yes, describe how.

*

Yes

The Director of Business Operations sits on the board and reports back bi-anually on environmental strategy.

Have you analyzed whether your strategy, business model and product/service portfolio are aligned with the latest climate science? if yes, explain if/how it fulfills this ambition or how it needs to be transformed.

*

-

-

Do you identify, assess and manage climate risks? If yes, describe how.

*

-

-

Have you integrated climate and/or nature into your mission statement? If yes, describe how.

*

-

-

Do you contribute to accelerating climate action in society e.g. by influencing peers, governments, employees, and/or aligning your membership in trade associations with your missions to halve emissions by 2030?

*

Yes

-

Results, challenges and outlook *

Comment on results:

*

McCormickCo are pleasantly surprised by our first year of emissions data. Whilst our current forecasting would suggest the next period will be much more efficient, we are taking on board advice and guidance from industry colleagues.

Do you face any key challenges in reducing emissions and/or scaling climate solutions? If yes, describe how.

*

-

-

What support would you need to tackle these challenges?

*

-

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