AGRANA defines its own science-based climate targets
Monday, November 28, 2022
In order to define its climate targets, AGRANA has now for the first time calculated greenhouse gas emissions along the entire value-added chains (Scope 1 + 2 + 3) of each of its three business segments (Fruit, Starch and Sugar) given its role as an energy-intensive processor of agricultural raw materials. The major challenge which AGRANA has set itself as one of the first in the industry is estimating emissions from farming the agricultural products its processes due to the lack of supplier data. Its 2019|20 financial year was defined as the baseline for calculations. In total, AGRANA’s business activities accounted for around 5.1 million tonnes of CO2e over this period. The majority of this (around 80 %) originates from the upstream value-added chain (Scope 3) or, more precisely, from the growing of agricultural raw materials (again around 80 %). In order to reduce these emissions, AGRANA will be focussing on land use for agricultural production and on the impacts of agricultural growing methods. The aim is to collaborate with AGRANA’s suppliers and agricultural partners to develop and implement specific climate-related reduction targets by 2030. In addition, and in its role as a processor of agricultural raw materials, AGRANA is already working intensively on implementing its plan to completely switch to renewable sources of energy for production purposes. Besides regular energy efficiency steps, key actions here will be a comprehensive green electricity package and, from 2025, the thermal utilisation of low-protein raw material waste instead of natural gas. The volume of investments in efforts to reduce Scope 1 + 2 emissions in the period to 2040 will be around 400 million Euro.Click here to connect to the source of this storyClick here for more News and Views
As I browse the web researching various topics concerning the EU and UK sugar markets, I've been bookmarking interesting weblinks. Some of these are news clippings, some are links to official documents, and some are interesting data sources.