GlobalData offers a comprehensive analysis of Anheuser-Busch , providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Anheuser-Busch ‘s ESG performance. GlobalData’s company profile on Anheuser-Busch offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
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Anheuser-Busch , one of the world's largest brewing companies, has set ambitious net-zero targets as part of its sustainability agenda. The company aims to achieve net-zero emissions across its value chain by 2040. Anheuser-Busch has specific goals related to scope 1, scope 2, and scope 3 emissions, with scope 3 emissions representing 86.7% of its total emissions in 2022. The company has made significant progress in reducing its carbon and greenhouse gas (GHG) emissions. In 2022, Anheuser-Busch achieved a 39.2% reduction in scopes 1 and 2 GHG absolute emissions compared to its 2017 baseline. Additionally, there was a 20.7% reduction in scopes 1, 2, and 3 GHG emissions intensity in the same period. The company has also increased its use of renewable electricity, with 67.6% of its electricity coming from renewable sources in 2022, a 26 percentage point increase from the previous year.
To achieve its net-zero targets, Anheuser-Busch has taken several steps and implemented various initiatives. The company collaborates with partners across its value chain to reduce scope 3 emissions, which account for the majority of its emissions. Through its supplier-dedicated collaboration platform called Eclipse, the company shares best practices and builds capabilities with its supply chain partners. Anheuser-Busch has also invested in water stewardship, aiming to improve water availability and quality in high-stress areas by 2025. The company works with local communities and implements solutions to address water challenges.
In terms of sustainable agriculture, Anheuser-Busch focuses on developing resilient varieties and advancing regenerative agricultural practices while improving productivity. It also invests in circular packaging, with a goal of having 100% of its products in packaging that is returnable or made from majority recycled content by 2025.
In conclusion, Anheuser-Busch is has set net-zero targets to reduce its GHG emissions. The company's sustainability agenda is overseen by its board and senior leadership, with targets cascaded globally. By taking these steps and making significant progress in reducing emissions and implementing sustainable practices, Anheuser-Busch is working towards its net-zero goals and contributing to a more sustainable future.
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