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Food Emissions 50 Company Benchmark

Assessment Key
Yes, Meets All Criteria
Partial, Meets Some Criteria
No Disclosure
Not Assessed

Campbell Soup Co.

1. Emissions disclosure

  1. 1a.

    The company discloses scope 3 emissions from purchased goods and services.

  2. 1b.

    The company discloses scope 3 emissions calculation methodology that explicitly includes emissions from agriculture.

  3. 1c.

    The company discloses scope 3 emissions calculation methodology that explicitly includes land use change.

2. Emissions reduction targets

  1. 2a.

    The company has a GHG emissions reduction target that includes scope 3 emissions.

  2. 2b.

    The company has an SBTi-validated emissions reduction target that is aligned with 1.5˚C and inclusive of Scope 3 emissions.

3. Disclosure of progress against targets

  1. 3a.

    The company discloses progress towards its scope 1, 2, and 3 GHG emissions reduction targets it has achieved to date.

4. Growth and innovation strategy

  1. 4a.

    The company employs and implements the results of climate scenario planning that assesses its strategic and operational resilience to a transition to a lower emissions economy.

  2. 4b.

    The company invests in R&D, product development, and other innovations to align future growth of the company with its GHG emissions reduction target(s).

  3. 4c.

    The company has a forward-looking commitment to align capital expenditures (capex) and operational expenditures (opex) allocations with the company’s GHG emissions reduction target(s).

  4. 4d.

    The company has a process to address the impact of recent or future mergers and acquisitions on the company’s GHG emissions footprint.

5. Corporate procurement strategies and supply chain implementation

  1. 5a.

    The company assesses its largest emissions from purchased goods and services and discloses the largest categories and sources of supply chain emissions.

  2. 5b.

    The company takes actions to address its largest sources of scope 3 emissions from purchased goods and services.

  3. 5c.

    The company has time-bound, GHG-specific targets to reduce agricultural non-CO2 emissions from the supply chain.

  4. 5d.

    The company has a time-bound commitment to achieve a deforestation and conversion free supply chain by 2025 across all segments of the supply chain and all geographies.

  5. 5e.

    The company has climate-related requirements for its direct suppliers.

  6. 5f.

    The company provides financial and technical assistance to agricultural producers in its supply chain to adopt lower emitting practices.

6. Operations, waste, and transportation

  1. 6a.

    The company implements actions to transition to 100% clean energy by no later than 2050.

  2. 6b.

    The company has a strategy to decarbonize its operational energy use and increase energy efficiency over time.

  3. 6c.

    The company adopts lower/zero emissions transportation and distribution in private and third-party fleets.

  4. 6d.

    The company takes actions to address operational food loss and waste that prioritize reducing food loss and waste before diverting food from waste streams.

7. Customer engagement

  1. 7a.

    The company engages its customers in a shift towards lower emitting products and services that align with the company’s GHG emissions reduction target(s) and a societal transition to a lower emissions economy.

  2. 7b.

    The company engages customers on addressing emissions associated with the processing of sold products and/or the use and disposal of sold products.

8. Quantification of strategy against emissions reduction targets

  1. 8a.

    The company quantifies how the actions the company is taking as a part of its GHG emissions reduction strategy will yield the emissions reductions needed to achieve 100% of its target(s).

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