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