Danone S.A. (BN:FP) Climate Transition Analysis

This report from Planet Tracker finds that leading French multinational food and beverage manufacturer, Danone S.A., is on track for a 1.5° warming scenario – on the proviso that Scope 3 Upstream emissions are sufficiently reduced. Danone is performing well in terms of governance, with high incentives for management tied to Net Zero objectives, as well as supplier engagement. The company is less advanced on its customer engagement and association with groups with a negative position on climate.