Commercial, Energy Efficiency, GHG Emissions - March 23, 2023
Louis Dreyfus Announces Scope 1 & 2 Emissions Reduction Targets
Louis Dreyfus Company, a leading merchant and food processor, announced a 33.6% reduction target for its Scope 1 and 2 GHG emissions by 2030, compared to 2022 as its baseline year.
“The 33.6% emissions reduction target we announce today for scopes 1 and 2 by 2030 builds on the work of our Carbon Solutions team last year with all our business lines, to measure LDC’s emissions profile as a basis for target-setting and reporting,” said Michael Gelchie, CEO in a statement. “Our target is aligned with Science-Based Target initiative criteria and consistent with the Paris Agreement goal to limit global warming to 1.5°C above pre-industrial levels, in accordance with our commitment to contribute to global climate goals.”
The Group also made important progress on its sustainability and decarbonization journey in 2022, including making a commitment to eliminate deforestation and conversion of native vegetation for agricultural purposes from its supply chains by the end of 2025, as well as progress in specific product lines, geographies and focus areas, to be reported on as part of LDC’s upcoming Sustainability Report.