Del Monte Foods aims to meet net-zero emissions goals by 2050
Category: #energy-and-environment  By Pranali Mehta  Date: 2022-04-08
  • share
  • Twitter
  • Facebook
  • LinkedIn
Del Monte Foods aims to meet net-zero emissions goals by 2050

Del Monte Foods, a North American food production and distribution company, has recently announced its goal to achieve net-zero emissions by 2050, in accordance with the SBTi’s (Science Based Targets Initiative) Net-Zero Standard.

For achieving this goal, the firm has devoted itself to defining the near-term science-based targets for lowering the Scope 1,2 and 3 carbon emissions which support the focus of SBTi on restraining the global temperature rise to 1.5°C.

SBTi’s lining up with Del Monte Foods will offer a clear path for achieving its long-term goal of net-zero emissions by 2050, along with initiating the near-term and constant progress for dropping emissions across its supply chain.

Science-based targets offer companies a plan which includes meaningful goals for reducing emissions by 2030 which also supports the Paris agreement.

Greg Longstreet, President and CEO of Del Monte Foods, said that creating a more healthy and more hopeful remains to be the goal of Del Monte Foods for around 130 years.

Binding with a net-zero emissions goal, allied with SBTi, enlarges environmental commitments and sustainability and offers measurable and antagonistic milestones, said Longstreet, adding that the firm aims on nourishing people, the planet, and communities for many generations to come.

To achieve its net-zero target, Del Monte Foods plans to eliminate or reduce the major portion of its current emissions rather than buying external carbon credits to balance emissions.

This approach is also in line with SBTi’s criteria that registered companies try to reduce around 90% of their baseline emission and lessen the use of carbon credits.

Moreover, Del Monte foods have made some noteworthy advances in its journey to decarbonization. As a result, it will continue to invest further in key areas for reducing carbon emissions aggressively in both direct and indirect operations.

These include renewable energy, transportation efficiency, automation technology, regenerative agricultural practices and earth-friendly packaging innovation in collaboration with its network of U.S.-based, multi-generational growers.

Source Credit - https://www.csrwire.com/press_releases/740811-del-monte-foods-announces-commitment-net-zero-emissions-goal

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Pranali Mehta

Pranali Mehta    

Pranali Mehta boasts of over three years of experience as a content writer. Having completed her graduation in chemical engineering, she worked as safety & environment associate in a chemical company for a year. Harnessing her passion for writing however, Pranali deci...

Read More >>

More News By Pranali Mehta

Neuralink to do trials for brain implants in human post FDA approval
Neuralink to do trials for brain implants in human post FDA approval
By Pranali Mehta

Neuralink Corp., a Elon Musk founded neurotechnology company, has reportedly obtained clearance from the US Food & Drug Administration (FDA) to proceed with its first clinical study involving humans. The approval is a significant leap forward ...

House of Lithium acquires EU micromobility startup Reby for USD 100M
House of Lithium acquires EU micromobility startup Reby for USD 100M
By Pranali Mehta

Canadian private equity firm House of Lithium has reportedly acquired Reby. The company was already a significant shareholder in the micromobility startup. The acquisition transaction was valued at USD 100 million. In a statement, Kevin Taylor, th...

Meesho to slash 251 jobs in new round of layoffs at its core unit
Meesho to slash 251 jobs in new round of layoffs at its core unit
By Pranali Mehta

Indian unicorn Meesho, an eCommerce platform, has recently confirmed a second round of layoffs within one year. This time it will terminate around 15% of its personnel, which is 251 employees, according to a spokesperson. Backed by Softbank and he...