McCormick & Company, Incorporated
Climate Impact & Sustainability Data (2019-12-01 to 2020-11-30, 2020-12-01 to 2021-11-30, 2021-12 to 2022-11)
Reporting Period: 2019-12-01 to 2020-11-30
Environmental Metrics
Total Carbon Emissions:119,280 tCO2e/year
Scope 1 Emissions:31,853 tCO2e/year
Scope 2 Emissions:87,427 tCO2e/year (market-based)
Scope 3 Emissions:2,103,960.22 tCO2e/year
Total Energy Consumption:393,337 MWh/year
Waste Generated:45,243 tons/year (recycled)
Carbon Intensity:0.00002012 tCO2e/USD revenue
ESG Focus Areas
- Climate Change
- Sustainable Sourcing
- Waste Reduction
- Packaging Circularity
Environmental Achievements
- Increased renewable energy consumption from 8,452 MWh to 21,429 MWh, equivalent to additional carbon saving of 5,868 tCO2e.
- Implemented 14 new energy reduction projects resulting in 622 tCO2e savings.
- Reduced packaging footprint by more than 12,500 metric tons through initiatives such as bottle light weighting and packaging redesign.
- Achieved third party verified sustainability certification on 47% of the volume target for iconic herbs and spices.
Social Achievements
- Partnered in training approximately 18,300 smallholder farmers on Good Agricultural Practices (GAP).
Governance Achievements
- Board-level oversight of climate-related issues.
- Incentives for management of climate-related issues tied to emissions reduction targets.
Climate Goals & Targets
Long-term Goals:
- Reduce Scope 1+2 emissions by 20% by 2025 (market-based)
- Reduce Scope 3 emissions (purchased goods and services) by 16% by 2030
Medium-term Goals:
- Increase the resilience of 90% of smallholder farmers who grow our five iconic ingredients by 2025
- Sustainably source 100% of its branded iconic herbs and spices by 2025
Short-term Goals:
- Reduce packaging carbon footprint by 25% by 2025
- Achieve 100% circular plastics packaging by 2025
Environmental Challenges
- Increased severity and frequency of extreme weather events impacting raw material sourcing.
- Changes in precipitation patterns affecting agricultural raw materials.
- Changing customer behavior and reduced demand for products.
Mitigation Strategies
- Dual or multi-origin sourcing of agricultural raw materials.
- Investing in smallholder farmer resilience through Good Agricultural Practices (GAP) training.
- Renewable energy procurement to reduce operational greenhouse gas emissions and limit exposure to price volatility.
- Lightweighting packaging to reduce carbon footprint and direct costs.
Supply Chain Management
Responsible Procurement
- Sustainable sourcing framework, Grown for Good
- Rainforest Alliance certification
- Partnership approach with strategic vendors
Climate-Related Risks & Opportunities
Physical Risks
- Increased severity and frequency of extreme weather events
- Changes in precipitation patterns
Transition Risks
- Changing customer behavior
Opportunities
- Increased agricultural supply chain resilience
- Reduced exposure to price volatility through renewable energy
- Lightweighting packaging
Reporting Standards
Frameworks Used: Greenhouse Gas Protocol
Certifications: ISO 14064-3, Rainforest Alliance
Sustainable Products & Innovation
- Rainforest Alliance certified iconic herbs and spices
Reporting Period: 2020-12-01 to 2021-11-30
Environmental Metrics
Total Carbon Emissions:37,889 + 53,824 + 2,491,821 + 93,194 + 15,934 + 202,623 + 4,670 + 8,716 + 13,419 + 67,541 + 27,845 + 184,876 = 3,110,639 tCO2e/year
Scope 1 Emissions:37,889 tCO2e/year
Scope 2 Emissions:53,824 tCO2e/year
Scope 3 Emissions:2,977,926 tCO2e/year
Total Energy Consumption:433,937 MWh/year
Carbon Intensity:0.000015 metric tons CO2e per unit currency total revenue
ESG Focus Areas
- Climate Change
- Sustainable Sourcing
- Waste Reduction
- Packaging Circularity
Environmental Achievements
- Increased renewable energy consumption from 21,528 MWh to 86,169 MWh, equivalent to additional carbon saving of 35,471 tCO2e.
- Implemented 13 new energy reduction projects resulting in 759 tCO2e savings.
- Reduced packaging footprint by more than 12,500 metric tons through initiatives such as bottle lightweighting and packaging redesign.
- Achieved third-party verified sustainability certification on 47% of the volume target for iconic herbs and spices.
Social Achievements
- Increased the resilience of approximately 18,300 smallholder farmers through Good Agricultural Practices (GAP) training.
- Partnered with a waste supplier in Thailand to transform unused pepper, flour, and water into fertilizer for local farmers.
Governance Achievements
- Board-level oversight of climate-related issues.
- Established Supplier Leadership on Climate Transition (S-LoCT) program engaging over 90 suppliers.
Climate Goals & Targets
Long-term Goals:
- Achieve Net Zero emissions by 2050.
Medium-term Goals:
- Sustainably source 100% of its branded iconic herbs and spices by 2025.
- Reduce Scope 1 and 2 emissions by 42% by 2030.
- Reduce Scope 3 emissions by 42% by 2030.
Short-term Goals:
- Reduce packaging carbon footprint by 25% by 2025.
- Achieve 100% circular plastics packaging by 2025.
- Increase the resilience of 90% of smallholder farmers who grow our five iconic ingredients by 2025.
Environmental Challenges
- Increased severity and frequency of extreme weather events impacting raw material sourcing.
- Changing precipitation patterns affecting agricultural raw material growing conditions.
- Changing customer behavior impacting demand for products and services.
Mitigation Strategies
- Implements dual or multi-origin sourcing of agricultural raw materials.
- Partnerships to increase resilience of smallholder farmers (Good Agricultural Practices, water input, crop protection).
- Investing in renewable energy (Skipjack Solar Center agreement), reducing exposure to price volatility.
- Lightweighting packaging, R&D in bio-based resin, improving recyclability of single-use flexible plastics.
Supply Chain Management
Responsible Procurement
- Grown for Good Framework
- Rainforest Alliance certification
- Supplier Leadership on Climate Transition (S-LoCT) program
Climate-Related Risks & Opportunities
Physical Risks
- Increased severity and frequency of extreme weather events (cyclones, floods)
- Changing precipitation patterns
Transition Risks
- Changing customer behavior
Opportunities
- Renewable energy procurement
- Lightweighting packaging
- Improved supply chain resilience
Reporting Standards
Frameworks Used: Science Based Targets initiative (SBTi), Greenhouse Gas Protocol
Certifications: Rainforest Alliance
Third-party Assurance: Independent Auditor Group
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
- Goal 15 (Life on Land)
Initiatives contribute to these goals through renewable energy procurement, waste reduction, emissions reduction, and biodiversity conservation.
Sustainable Products & Innovation
- Sustainably sourced iconic herbs and spices
Awards & Recognition
- Wal-Mart Giga-Guru status (4 years in a row)
Reporting Period: 2021-12 to 2022-11
Environmental Metrics
Scope 1 Emissions:36,927 tCO2e/year
Scope 2 Emissions:41,497 tCO2e/year
Scope 3 Emissions:2,517,141 tCO2e/year
Total Energy Consumption:446,139 MWh/year
Carbon Intensity:0.000012 metric tons CO2e per unit currency total revenue
ESG Focus Areas
- Climate Change
- Sustainable Sourcing
- Packaging Sustainability
- Biodiversity
- Waste Management
Environmental Achievements
- Achieved a 90% reduction in Scope 1 and 2 emissions since 2020.
- Reduced packaging carbon footprint by more than 12,500 metric tons through initiatives such as bottle lightweighting and packaging redesign.
- Skipjack Solar Center project providing 100% renewable electricity for Maryland and New Jersey facilities, saving an estimated 27,000,000 pounds of CO2e annually.
Social Achievements
- Increased the resilience of approximately 31,000 smallholder farmers (around 89% of their 2025 target) through training initiatives.
- Partnered with USAID, USDA, GIZ and NCBA CLUSA to improve the resilience of around 10,000 vanilla smallholder farmers in Madagascar and Indonesia.
Governance Achievements
- Board-level oversight of climate-related issues.
- Incentives for management of climate-related issues linked to short-term and long-term incentive plans.
- Publicly available climate transition plan.
Climate Goals & Targets
Long-term Goals:
- Achieve net-zero emissions by 2050.
Medium-term Goals:
- Sustainably source 100% of its branded iconic herbs and spices by 2025.
- Increase waste recycling and recovery rate to 85% by 2030.
Short-term Goals:
- Reduce packaging carbon footprint by 25% by 2025.
- Achieve 100% circular plastics packaging by 2025.
- Increase the resilience of 90% of smallholder farmers who grow our five iconic ingredients by 2025.
Environmental Challenges
- Increased severity and frequency of extreme weather events impacting raw material sourcing.
- Changing precipitation patterns affecting agricultural raw materials.
- Changing customer behavior and reduced demand for products.
Mitigation Strategies
- Dual or multi-origin sourcing of agricultural raw materials.
- Training smallholder farmers on Good Agricultural Practices (GAP) to increase crop resilience.
- Investing in renewable energy to reduce operational greenhouse gas emissions and limit exposure to price volatility.
- Lightweighting packaging to reduce carbon footprint and direct costs.
Supply Chain Management
Responsible Procurement
- Grown for Good Framework
- Third-party verified sustainability standards
Climate-Related Risks & Opportunities
Physical Risks
- Increased severity and frequency of extreme weather events
- Changing precipitation patterns
Transition Risks
- Changing customer behavior
Opportunities
- Renewable energy procurement
- Lightweighting packaging
- Agricultural supply chain resilience
Reporting Standards
Frameworks Used: Science Based Targets initiative (SBTi), Greenhouse Gas Protocol, AA1000AS
Third-party Assurance: Independent Assurance Statement (FY22)
Sustainable Products & Innovation
- Sustainably sourced ingredients