Energy Efficiency, GHG Emissions - June 6, 2022
Viterra Sets 2050 Goals
Viterra announced its ambition to be carbon net zero by 2050 as the company continues to pursue its goals of supplying sustainable agricultural products and mitigating climate change.
The agricultural products company established robust medium-term emission reduction targets, including lowering Scope 1 and 2 emissions by 2023, using 2022 as the baseline year. Viterra will commence measuring its Scope 3 emissions as it works towards the goal of decarbonizing its supply chains.
Viterra endorses the Intergovernmental Panel on Climate Change (IPCC) assessment of climate change science and supports the Paris Agreement and its commitment to limit global average temperature rise to well below 2°C and pursue 1.5°C. The company’s approach will also align with the Taskforce on Climate-related Financial Disclosures (TCFD).
“We recognize the need for action on climate change across our global network to ensure we can continue our role as an industry leader of supplying sustainable agricultural products in the short, medium and long term,” Viterra’s CEO David Mattiske said in a statement. “We have a goal to eliminate deforestation in our supply chains and have committed to eradicating sourcing from deforested land in 2025. Last year, we were one of 13 agricultural signatories to the COP26 commitment to end deforestation and thereby reduce greenhouse gas emissions associated with our supply chain.”