We want to rebalance the relationship between business and nature.
The food industry is one of the biggest emitters of greenhouse gases (GHGs) globally, second only to fossil fuels. These GHGs drive climate change, which in turn threatens our ability to produce food. We need urgent action if we’re to avoid pushing the environment to a tipping point from which it can never recover.
Building regenerative, climate positive impacts across our whole sphere of influence.
Across our whole organisation, we’re energised in our approach to the net zero challenge, and we’re putting a lot of work into making our data and systems robust.
We’re a committed member of Science Based Target initiative (SBTi), which works with more than 4,000 businesses around the world to drive climate action in the private sector. In October 2023, our SBTs were validated. This will ensure we reduce emissions in line with the goal of the Paris Agreement.
We’re finalising short-term targets to reduce our Scope 1, 2 & 3 emissions. We’ll rebaseline our targets and update emission reduction plans for significant changes to our business, such as new acquisitions. For example, in February 2024 SK Chilled Foods and Zorba Delicacies became part of The Compleat Food Group, and re-baselining for these will be completed in 2024/25.
Nature is becoming an increasingly important topic across all industries, especially ours. A healthy natural world is vital to the production of food, so we’re committed to helping it thrive.
The arrival of frameworks such as SBTi for Nature and the Taskforce on Nature-related Financial Disclosures (TNFD) makes it clear that nature needs to be a key business priority, so we’re building nature-related metrics into the data capture work we’re doing with Sustained and Envantage, so we can map our impact in this area.
We have signed up to the Courtauld 2030 Commitment and are committed to protecting critical water resources. In 2024/25, we’ll also be reviewing our water stress targets for both our own operations and key suppliers.
We want to rebalance the relationship between business and nature.
A Life Cycle Analysis (LCA) is an analysis technique that identifies environmental impacts.
It’s clear UK consumers want help to make better food choices, not only for their personal wellbeing, but for the health of the planet.