Anheuser-Busch InBev SA/NV

AB InBev targets net-zero emissions across its value chain by 2040 with SBTi-validated near-term goals for Scopes 1-3, having already delivered a 44% absolute reduction in Scope 1-2 emissions since 2017 and 20.7% lower Scope 3 intensity, in line with a 1.5°C pathway amid brewing-sector benchmarks for agricultural and packaging decarbonization. Specific actions such as the $85 million regenerative agriculture carbon insetting program with The Nature Conservancy and Sentera, the $200 million renewable electricity group-buying initiative via South Pole, $150 million circular packaging scale-up with Ardagh and Novelis, and $110 million low-carbon logistics partnership with Nikola and DHL will collectively abate over 1.4 million mtCO2e annually while securing 100% renewable electricity by 2025 and addressing 86.7% of Scope 3 emissions. These initiatives, backed by $1 billion in sustainability investments, convert carbon insetting from a cost center into a revenue stream by generating $420 million in recycled-materials revenue plus $292 million in efficiency and emissions savings, with individual programs returning $45-120 million over 4-7 years. The approach also mitigates high physical and regulatory risks in barley supply and packaging while strengthening ESG ratings and stakeholder confidence through verified partnerships and transparent reporting.