RVBA-KENVUPrivate

Kenvue Inc.

US
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 better
Revenue 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.

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.

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?

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.

Targets

Near-term

2 targets
ScopeBaseTargetReductionAlignmentProgressStatus
Scope 1 + 2Absolute20202030−42%1.5°Cinsufficient data
Scope 320222028−75%insufficient data
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Latest news· last 5 of 5

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  • Dr.Ci:Labo skin health business $488M impairment

    In Q2 2024 Kenvue recorded a non-cash $488M impairment ($337M after tax) on intangible assets and PP&E of the Dr.Ci:Labo skin health business, driven by shifts in consumer sentiment in China and changing shopping patterns. The trigger was a senior leadership change and revised internal forecasts.

    2024
  • Healthy Lives Mission with nine ESG priority areas

    Kenvue's Healthy Lives Mission is its ESG strategy, supported by three pillars (Healthy People, Healthy Planet, Healthy Practice) and nine priority areas with public goals and commitments. Details are reported separately in the Healthy Lives Mission Report and an inaugural TCFD Report, not in this 10-K.

    2024
  • 2024 Multi-Year Restructuring Initiative (Our Vue Forward)

    On May 6, 2024 the Board approved a multi-year restructuring initiative targeting ~$550M in pre-tax restructuring expenses and other charges and ~$350M of annualized pre-tax gross cost savings by fiscal year 2026. Includes global workforce reductions, management changes, and centralized shared-service functions in lower-cost locations. Kenvue incurred $221M of restructuring-related charges in fiscal 2024.

    2024
  • Separation from Johnson & Johnson completed

    In August 2023, J&J completed the Exchange Offer, transferring 80.1% of Kenvue common stock to its shareholders, completing Kenvue's separation from J&J and transition to a fully independent public company. In May 2024, J&J completed the Debt for Equity Exchange, after which J&J no longer owned any Kenvue shares. The Separation results in new and increased reporting demands and disclosures previously embedded in J&J's filings.

    2023
  • Talc-based Johnson's Baby Powder discontinued globally in 2023

    Kenvue announced in August 2022 the transition to an all cornstarch-based baby powder portfolio. Talc-based Johnson's Baby Powder was discontinued globally in 2023 (previously discontinued in U.S./Canada in 2020). J&J retained the U.S./Canada Talc-Related Liabilities under the Separation Agreement.

    2023

Latest reporting year· 3 earlier years on Data-by-year tab

all years + ratios →

2026

reporting year
Financials
Revenue
OpEx
FTE
Market cap (FY-end)
Climate
Scope 1
Scope 2 (market)
Scope 2 (location)
Scope 3 total

Source documents· FY2024

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sustainability report2024
via manual upload · 1.5 MB
extractedOPEN PDF ↗