Hamlet: SBTi targets and Corporate Carbon Footprint

Case
01 October 2026

How Möbius helped food company Hamlet calculate its CO2 footprint, set SBTi targets (including FLAG) and draw up a feasible reduction plan.

Hamlet Carbon Footprint (1)-2

How do you calculate the CO2 footprint of a food company and translate it into science-based climate targets? Hamlet, active in the food and beverage sector, worked with Möbius to calculate its Corporate Carbon Footprint (CCF). The company then set targets in line with the Science Based Targets initiative (SBTi) and tested their feasibility with a reduction plan.

Strategic Challenge

A clear mandate for climate action

Hamlet was under growing pressure from key stakeholders, including major retailers, to formally quantify its environmental impact and commit to verifiable climate targets. The company sought official recognition by setting climate targets aligned with the 1.5 °C pathway required by the Science Based Targets initiative (SBTi). In addition, external reporting requirements made disclosure of its CO2 footprint and climate targets mandatory.

Tackling the hotspot in the value chain: Scope 3

An initial analysis showed that virtually all of Hamlet’s company emissions came from the value chain, with 99.9% in Scope 3. More specifically, purchased goods and services accounted for 97% of total emissions in financial year 2023. This is a situation we often see among food producers. The biggest challenge lay in reducing the impact of key ingredients, chocolate in particular, which accounted for around 70% of the impact of purchased ingredients. Hamlet therefore had to design a low-carbon supply chain and introduce sustainable sourcing practices for ingredients, while maintaining product quality.

Navigating complex global standards: SBTi and FLAG

To set targets that met SBTi requirements, Hamlet had to follow two separate pathways: industrial (non-land-related) emissions and land-related emissions, which fall under the GHG Protocol’s Forest, Land and Agriculture (FLAG) guidance. As a company active in food production, meeting the FLAG criteria was mandatory. This meant three separate reduction targets had to be set: Scope 1+2, Scope 3 industrial and Scope 3 FLAG. All of these required a consistent methodology and ambitious climate-friendly production targets.

By defining SBTi targets, Hamlet is laying a solid foundation for sustainable growth. We can only achieve real progress through close and goal-oriented collaboration with our suppliers. A thorough analysis of our emissions and the development of well-thought-out reduction pathways form the foundation of our transition to a low-carbon future, a process that has been significantly strengthened by Möbius’s expertise and professional guidance.

Ann Wilssens Sustainability Expert

Approach

Setting the CO2 baseline: a Corporate Carbon Footprint

The project began by establishing a comprehensive Corporate Carbon Footprint (CCF) for the 2023 base year. This covered Scope 1 (direct emissions), Scope 2 (purchased energy) and all relevant Scope 3 categories (value chain). This required defining the organisational boundaries for Hamlet’s head office, logistics centre and production sites. The analysis used real data and validated databases such as Agribalyse and the UK’s DEFRA, resulting in a robust baseline for the Corporate Carbon Footprint of a food and beverage company.

Setting Science Based Targets

Based on the final CCF, Möbius helped Hamlet define the specific reduction commitments needed for submission to the SBTi. The recommended targets, with financial year 2023 as the base year, were:

    • Scope 1 and 2: a 43.8% reduction by 2030.
    • Scope 3 industrial: an absolute reduction of 25% by 2030. This covers non-land-related emissions in category 3.1: purchased goods, services and packaging.
    • Scope 3 FLAG: an absolute reduction of 30.3% by 2030. This covers land-related emissions in category 3.1: purchased goods, services and packaging, mainly from ingredients.

A feasibility plan for CO2 reduction

Möbius drew up a reduction plan to test the technical and financial feasibility of these targets. To do so, Möbius held interviews with internal data owners from various departments (e.g. Energy & Facilities, Transport, Procurement). This made it possible to identify and validate potential reduction measures.

Internally, this involved electrifying the vehicle fleet, switching to green electricity, phasing out natural gas and sustainable packaging. Externally, the focus was on sustainable sourcing and supplier engagement. Finally, the impact of these measures was combined and modelled across different scenarios for annual business growth, showing how much effort is really required.

Results

Clear SBTi targets and reduction potential

Hamlet gained a clear and detailed overview of the company’s CO2 footprint (with a confidence level of ±10%) and specific SBTi targets. The analysis confirmed that land-related emissions accounted for 66.3% of total emissions, underlining the need for the FLAG target.

High feasibility for Scope 1 and 2 emissions

The simulation demonstrated that the Scope 1 and 2 target (42% reduction) is highly achievable. Internal operational changes, such as switching to 100% renewable electricity contracts and implementing energy efficiency measures, are projected to result in reductions significantly exceeding the required goal. This confirmed that Hamlet’s internal efforts are robust enough to meet the 1.5°C pathway for its own operations.

The critical gap in Scope 3

The Scope 3 targets (a 25% reduction for industrial emissions and 30.3% for FLAG) proved considerably harder to meet. This is often the case for manufacturers that rely heavily on specific, emission-intensive ingredients such as chocolate. The feasibility study showed that current measures and passive reliance on suppliers’ existing targets are insufficient.

To close this gap, active, structured supplier engagement is the crucial next step. As a first step, the factory’s suppliers were contacted for more information on the carbon footprint of their products and possible low-carbon alternatives. Next, Hamlet will continue its efforts to further refine its CO2 footprint and meet its SBTi targets. This includes in-depth discussions with key suppliers to find sustainable products and to increase the share of recycled material in packaging.

Hamlet target scope

Frequently asked questions about CO2 footrpints and SBTi

What is a Corporate Carbon Footprint (CCF)?
A Corporate Carbon Footprint measures an organisation’s total greenhouse gas emissions across Scope 1 (direct emissions), Scope 2 (purchased energy) and Scope 3 (the value chain). It is the starting point for setting SBTi targets.
What are Science Based Targets?
Science Based Targets are climate targets in line with what science considers necessary to limit global warming to 1.5 °C.
What does FLAG mean?
FLAG stands for Forest, Land and Agriculture. It covers emissions from agriculture and land use. For food companies, a separate FLAG target within the SBTi framework is often mandatory.
Why is Scope 3 so important for food companies?
For food producers, most emissions come from purchased ingredients and packaging. At Hamlet, this was 99.9% of total emissions. Working with suppliers is therefore essential to meeting the targets.