Monday, 24 January 2022

Kerry to support F & B companies globally to achieve their sustainability targets

20 October 2021 | News

Kerry is committed to not only working to reduce its impact on the environment but also to collaborating with its suppliers and food and beverage companies globally to help support them achieve their sustainability targets.

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Kerry accelerates  sustainability  targets  in  line  with  Paris Agreement   Kerry,  the  world’s  leading taste  and  nutrition  company,  announces  details  of  its  accelerated  sustainability  targets  to align  with  the  Paris  Agreement  goal  of  limiting  global  temperature  increases  by  1.5  degrees  Celsius.  The company  has increased  its  targets  for Scope  1  and  2  carbon  emissions  reduction  from  33%  to  55%  by  2030.

This  ambitious  goal strengthens  Kerry’s  Beyond  the  Horizonsustainability  strategy  and  commitments,  including  a  target  to  halve  its  food waste  and  reach  over  two  billion  people  with  sustainable  nutrition  solutions  by  2030. The  company  has  also  revised  its social  sustainability  targets  with  the  aim  of  achieving  the  highest  levels  of  inclusion,  belonging  and engagement  with  equal  gender  representation  at  senior  management  by  2030. The  revised  targets  will  require  the  introduction  and  acceleration  of  several  initiatives  across  the  company  including: >  Moving  to  100%  renewable  electricity  within  12  months.   >  Implementing  energy  efficiency  programmes  reducing  onsite  fuel  consumption. >  By 2030,  emission  intensity  will  be  reduced  by  30%  across  the  supply  chain.   >  100% of priority  raw  materials  will  be  responsibly  sourced  by  2030.

The  company’s  packaging  commitments  will ensure  that  by  2025,  100%  of  all  plastic  used  will  be  reusable,  recyclable  or  compostable  and  that  virgin  plastic  use will  be  reduced  by  25%.   Kerry’s  increased  commitments  are  in  line  with  the  findings  of  the  latest  Intergovernmental  Panel  on  Climate  Change (IPCC) report which  reinforced  the  urgency  of achieving  emissions  reductions  in  line  with  limiting  global  average temperature  increase  to  1.5°C  before  2050  to  avoid  the  worst impacts  of climate  change. Commenting  on  the  announcement,  Edmond  Scanlon,  Chief  Executive  Officer  of  Kerry,  said:   “Kerry  is  committed  to  not  only  working  to  reduce  its  impact on  the  environment but also  to  collaborating  with  its  suppliers and  food  and  beverage  companies  globally  to  help  support  them  achieve  their  sustainability  targets.  Through  the  creation of  technology  solutions,  the  expertise  of  our  people  and  innovative  ways  of  creating  tasty  and  nutritious  food  and beverage  products,  we  are  working  with  our  customers  to  help  them  move  along  the  sustainable  nutrition  spectrum  so they  too  can  reduce  their carbon  emissions, food  waste  or water usage. The  range  and  complexity  of challenges  our industry  is  facing  right  now  is  unprecedented  with  every  product  requiring  its  own  specific  Kerry  solution.” 


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