2026
reporting yearFinancials
Revenue—
OpEx—
FTE—
Market cap (FY-end)—
Climate
Scope 1—
Scope 2 (market)—
Scope 2 (location)—
Scope 3 total—
RVBA-BATB◇Private
British American Tobacco (BAT)
GB
Verified credentials
SBTi Validated1.5°C
no trajectory chart yet — needs at least one percent-reduction target with matching scope data
Headline intensities
·Values in USD ($)
Peer cohort: — · lower is betterRevenue intensity
Carbon / $m revenue
—tCO2e / $m revenue
Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.
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Operational intensity
Carbon / $m OpEx
—tCO2e / $m OpEx
OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.
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Economic intensity
Carbon / $m EVIC
—tCO2e / $m EVIC
EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?
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Asset intensity
Carbon / $m PP&E + leased
—tCO2e / $m PP&E
PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.
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Climate action evidence
60 records · 2 sourcesCarbon credits retired
554,776 tCO2e
60 retirements · FYNaN–NaN · third-party verified
By credit quality
- Nature-based removals520,701 tCO2e(94%)
- Avoidance / reductions34,075 tCO2e(6%)
Renewable electricity
No third-party REC retirements on file and no self-reported renewable share disclosed.
Sources
- · berkeley_voluntary_registry
- · CarbonPlan OffsetsDB
Registry retirements are direct evidence; commitments are forward-looking pledges. EPA snapshot covers FY2019–FY2020.
Targets
Near-term
4 targets| Scope | Base | Target | Reduction | Alignment | Progress | Status |
|---|---|---|---|---|---|---|
| Scope 1 + 2Absolute | 2020 | 2030 | −50% | 1.5°C | insufficient data | — |
| Scope 1 + 2 + 3Absolute | 2020 | 2030 | −50% | In corporate strategy | insufficient data | — |
| Scope 3 | 2020 | 2025 | −20% | insufficient data | — | |
| Scope 3Absolute | 2020 | 2030 | −42% | insufficient data | — |
Long-term
2 targets| Scope | Base | Target | Reduction | Alignment | Progress | Status |
|---|---|---|---|---|---|---|
| Scope 1 + 2Absolute | 2020 | 2050 | −90% | 1.5°C | insufficient data | — |
| Scope 3Absolute | 2020 | 2050 | −72% | insufficient data | — |
Net zero
1 target| Scope | Base | Target | Reduction | Alignment | Progress | Status |
|---|---|---|---|---|---|---|
| Scope 1 + 2 + 3 | 2020 | 2050 | — | 1.5°C | absolute-value target | — |
Partial profile
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