Viterra Limited has set its medium-term decarbonisation target to guide its pathway to carbon net zero by 2050 for scope 1 and 2 emissions.
Viterra Limited Chief Executive Officer David Mattiske said the company is committed to climate action and ensuring the continued supply of essential food and feed is achieved sustainably, for generations to come.
“We have five decarbonisation pillars with activities and actions to achieve our target within each pillar,” said David. “Our long-term success lies in meeting ambitious targets, which includes a reduced reliance on fossil-based fuels and associated carbon emissions.”.
Using 2022 data as the baseline, Viterra has set a 25% intensity-based scope 1 and 2 reduction target, by 2032. This 10-year target has been informed by technical analysis to align with a well below 2ºC pathway.
The target covers scope 1 and 2 (market based) emissions for assets under Viterra’s operational control (processing, farming, storage and handling, port terminals), and will be intensity based off tonnes processed. Both the baseline and trajectory for the targets have been validated by external review.
“We will continue to review our decarbonisation target as we progress towards being carbon net zero by 2050 with the potential to accelerate our plans as opportunities and technologies develop over time,” he said.
Viterra is progressing its Scope 3 emission measurement programme to report a baseline and reduction targets in 2024.
Further detail about Viterra’s sustainability activities and progress can be found in its 2022 sustainability report.
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At Viterra, we believe in the power of connection. Our world-leading, fully integrated agriculture network connects producers to consumers with sustainable, traceable, and quality-controlled agricultural products. With more than 17,500 talented employees operating in 37 countries, our strategic network of storage, processing and transport assets enable us to offer innovative solutions and open pathways for our customers, creating successful partnerships that last. Together, we are stronger, and achieve more.