Tate & Lyle has targeted a 30% absolute reduction in Scope 1 and 2 CO2e emissions, among other newly-announced environmental goals to be delivered by 2030.
Scope 1 and 2 emissions comprise direct emissions from owned or controlled sources, and indirect emissions from the generation of purchased electricity, respectively.
Tate & Lyle has also laid out a target of achieving a 15% absolute reduction in Scope 3 CO2e emissions – all other indirect emissions that occur in a company’s value chain.
Additionally, the food and beverage ingredients supplier aims for 100% of its waste to be beneficially used by 2030 and to achieve a 15% reduction in water use in the same time frame.
Tate & Lyle says that the targets align with its brand purpose, ‘improving lives for generations’, of which a key pillar is protecting the planet and its natural resources for the benefit of future generations.
In adopting these targets, the company commits to eliminating the use of coal from its operations by 2025 and to having its Scope 1, 2 and 3 CO2e emission reduction goals verified as Science-Based Targets.
Tate & Lyle also pledges to maintain sustainable acreage equivalent to the volume of corn it buys globally each year, currently 1.5 million acres, and to accelerate the adoption of conservation practices through partnerships.
The new commitments and goals are said to build on previous steps taken by Tate & Lyle to enhance sustainability across its value chain.
In 2018, the company announced a collaboration with Land O’Lakes Sustain (now called Truterra) to advance conservation practices on Midwest farms, a tie-up that was extended last year to bolster sustainability on 1.5 million acres of US-grown corn.
“There has never been a greater need for businesses to address the climate change crisis,” said company CEO, Nick Hampton.
“One of the key pillars of our purpose of ‘improving lives for generations’ is to care for our planet and with our new environmental targets and commitments we are taking decisive action to protect our planet’s natural resources for the benefit of future generations.”
Anna Pierce, director of sustainability at Tate & Lyle, added: “These stretching new targets demonstrate our steadfast commitment to integrate sustainability into our day-to-day business activities, processes and culture.”
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