Bacardi Limited

Bermuda · SBTi dashboard updated 09 Jan 2025 · Reviewed

Record overview

Overall net-zero target: Bacardi Limited commits to reach net-zero greenhouse gas emissions across the value chain by FY2050. Near-term targets: Energy & Industry: Bacardi Limited commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2030 from a FY2023 base year.* Bacardi Limited also commits to reduce absolute scope 3 GHG emissions 42% within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks. FLAG: Bacardi Limited commits to reduce absolute scope 3 FLAG GHG emissions 30.3% by FY2030 from a FY2023 base year.* *Target includes FLAG emissions and removals. Bacardi Limited commits to no-deforestation across its primary deforestation-linked commodities, with a target date of December 31, 2025. Long-term targets: Energy & Industry: Bacardi Limited commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2040 from a FY2023 base year.* Bacardi Limited also commits to reduce absolute scope 3 GHG emissions 90% by FY2050 from a FY2023 base year. *The target boundary includes land-related emissions and removals from bioenergy feedstocks. FLAG: Bacardi Limited commits to reduce absolute scope 3 FLAG GHG emissions 72% by FY2050 from a FY2023 base year.* *The target includes FLAG emissions and removals.