Haleon sustainability score: 50/100

Haleon discloses Scope 1+2 (market-based) emissions under GHG Protocol with KPMG limited assurance (ISAE(UK)3000). Emissions declined from 89kt (2022) to 62kt (2024), confirming a 50% net reduction vs. 2020 baseline. Score capped at 8 because Scope 1 heat remains partially offset rather than fully abated; the 50% net figure relies on purchased offsets.

Haleon reports Scope 3 source-to-sale emissions covering most material GHG Protocol categories. 2024 showed 10% reduction versus 2022 baseline, partly from improved methodology. Purchased goods and services exceed 50% of value-chain emissions. Scope 3 is estimated, not independently assured. Supplier engagement via 2024 Sustainable Supply Chain Pledge remains early-stage.

Scope 1+2 (market-based) declined steadily: 89kt (2022) to 75kt (2023) to 62kt (2024). Scope 3 down ~10% from 2022 baseline, partially driven by emission factor updates. 55% net Scope 1+2 reduction versus 2020 confirmed. Haleon achieved only 23% of planned 2024 operational reduction target and increased offset use for hard-to-abate Scope 1 emissions.

Haleon achieved 100% renewable electricity across all manufacturing sites from 2022 onward via RECs, REGOs, on-site solar at 12 of 24 sites, and a European VPPA. 2023 CDP submission confirmed this. Score capped at 7 because renewable achievement relies substantially on unbundled RECs/REGOs; Scope 1 direct combustion remains fossil-based and managed via offsets.

Haleon has deforestation-free sourcing policy: 92% palm oil-derived materials RSPO-certified (2022), 82% paper-based packaging sustainably sourced (2025). TNFD-aligned disclosures published in 2025 Annual Report. CDP Forests score is B (2024). Score capped at 6: no independently verified quantified biodiversity footprint or ecosystem restoration demonstrated beyond supply chain.

Haleon is pursuing TRUE certification at all 24 manufacturing sites; 11 certified as of 2025. Virgin petroleum-based plastic use reduced by ~9% versus 2022 baseline, meeting 10% interim target. Packaging recycle-readiness reached 74% (2024). Score capped at 6: TRUE certification 46% complete; no closed-loop system demonstrated; plastic reduction is incremental rather than systems-level redesign.

Haleon achieved Alliance for Water Stewardship (AWS) Standard certification at all 24 manufacturing sites by end of 2025. Montreal facility was AWS-audited in September 2024. CEO is member of UN Global Compact. Water neutrality target set for water-stressed basins by 2030. Score at 7: AWS certification is foundational level; stewardship performance outcomes not yet evaluated.

Haleon holds SBTi-validated targets: 95% absolute Scope 1+2 reduction by FY2030 (from FY2020); 42% absolute Scope 3 reduction by FY2030 (from FY2022), covering 7 categories. Net-zero to 2040 aligned to The Climate Pledge. Offset cap planned at 5% of baseline by 2030. Score capped at 7: 2030 target is 'net' with residual offsets; only 23% of 2024 operational reduction plan achieved; no SBTi net-zero validation beyond 2040.

Board-level Environmental & Social Sustainability Committee established March 2023, meets ≥2x annually. Executive remuneration linked to 30% carbon reduction target in Performance Share Plan. TCFD and TNFD disclosures in Annual Report/Form 20-F. KPMG provides limited assurance (ISAE(UK)3000, ISAE 3410) over selected ESG data. CDP Climate score B (2024). Score at 7: exec compensation linkage is ESG qualifier within PSP, not primary metric; limited assurance covers selected data only; no shareholder vote on climate strategy.

No credible NGO reports, regulatory actions, greenwashing rulings, or fines specific to Haleon's environmental conduct identified. InfluenceMap LobbyMap rates D+ (neutral direct engagement, some trade association relationships). Haleon publishes climate action position statement. No fossil-sector client or product exposure. Score at 8: clean record maintained; trade association alignment not fully audited; no published lobbying audit available.