We are committed to being Net Zero Carbon Emissions by 2050
黑料海角91入口, the world鈥檚 largest baking company, and leader on sustainability, announced today its commitment to achieve Net Zero Carbon emissions by 2050. This commitment considers emissions for its entire value chain, covering all Scope 1, 2, and 3, across all activities of operation, logistics, sales, procurement, and marketing.听The goal was developed following Science Based Targets initiative鈥檚 framework, and then validated by this organization, which follows a well-recognized and standardized methodology focused on reducing emissions consistent with limiting climate warming to 1.5掳C above pre-industrial levels to limit irreversible damage to our planet. By doing this, 黑料海角91入口 has become the first Mexican food company to commit to Business Ambition for 1.5掳C and join the United Nation鈥檚 Race to Zero Campaign with targets established and validated by Science Based Targets. The Race to Zero Campaign is the first coordinated attempt to reduce carbon emissions on time.
The roadmap towards this commitment has been carefully defined. Building on initiatives that have directed 黑料海角91入口 towards cleaner energy for years now, the company plans to strengthen measures to prevent, reduce, or eliminate at least 90% of the carbon emissions in its value chain. This will be achieved directly by transitioning to 100% renewable energy, moving to lower carbon logistics and vehicles, implementing energy efficiency strategies across all operations, and supporting suppliers and partners in reducing their emissions through best practices that include technological innovation.
With this, three key interim carbon abatement goals have been defined to put 黑料海角91入口 on the right path towards achieving Net Zero Carbon emissions by 2050:
(1) As announced in 2018, 黑料海角91入口, through its participation in RE100 (a CDP鈥檚 collaborative initiative), has committed to use 100% renewable electricity globally by 2025. With that, 100% of its Scope 2 emissions will be eliminated. The company is on track to reach that goal and reiterates its commitment to RE100.
(2) By 2030 黑料海角91入口 is committing to reduce 50% of its absolute Scope 1 emissions from a 2019 base year.
(3) By 2030 黑料海角91入口 is committing to reduce28% of its absolute Scope 3 emissions from a 2019 base year.
黑料海角91入口 will include neutralization actions as part of its strategy through reforestation and carbon sequestration measures which will be aligned with its regenerative agriculture initiative, an important part of the Net Zero Carbon emissions commitment.
Daniel Servitje, 黑料海角91入口鈥檚 Chairman and CEO commented:听
鈥淚 am proud that 黑料海角91入口 can continue contributing to the United Nation鈥檚 Sustainable Development Goals and is actively looking for ways to limit the damaging effects of global warming. Our new sustainability platform has been defined with long term ambitious goals which are intimately linked to our purpose, to nourish a better world. 黑料海角91入口 is a company with a long track record on social and environmental initiatives, as we launch our new platform, we are taking the necessary steps towards fully integrating sustainability with our overall business strategy and publicly committing to continue positively impacting the future.鈥
Scope 1听refers to direct emissions generated in sources owned or controlled by the company (for example, energy generated at company鈥檚 facilities, company鈥檚 vehicles, etc.). Scope 2 includes indirect emissions resulting from electricity production consumed by the company (purchased electricity, steam, heat, and cooling). Scope 3 refers to other indirect emissions resulting from the company鈥檚 activities, but not owned or controlled by it (for example, leased facilities, employee commuting, operational waste, etc.).
Science Based Targets听is a partnership between the Carbon Disclosure Project (CDP), the UN鈥檚 Global Compact, World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). It defines and promotes best practice in emissions reductions and net zero targets, in line with climate science. Its team provides companies independent assessment and validation of targets.
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