Sweden-based poultry company Scandi Standard has set scientific climate goals through the Science Based Targets initiative (SBTi) and now have them officially validated.
By 2030, Scandi Standard, which operates in the Nordic countries and in Ireland, aims to cut its emissions by half, both within its own operations and across the value chain.
"We are proud that Scandi Standard is one of few food producers in the Nordics and Ireland to have their climate goals approved by the Science Based Targets initiative. It means that our operations have scientifically grounded climate goals aligned with the Paris Agreement to help reduce global warming," said Scandi Standard Sustainability Manager Ida Ljungkvist.
Scandi Standard's officially approved SBTi climate goals are as follows:
- A commitment to reduce its absolute carbon dioxide emissions within scope 1 and 2 by 50% by 2030, using 2021 as the base year.
- A commitment to reduce its absolute carbon dioxide emissions within scope 3 by 50% during the same timeframe.
Research shows that global warming should not exceed 1.5 degrees to avoid the worst effects of climate change, the company stated in a press release. By setting goals in line with the Science Based Targets guidelines, Scandi Standard is contributing to keeping the world within the limits of climate change.
"A sustainable long-term food production is a crucial factor in the fight against the climate crisis. As a market leader, we want to increase transparency and take clear leadership in the industry's ongoing green transition," said Ljungkvist.
An inventory of emissions from Scandi Standard's operations and value chain has been conducted, and the company's goals have been officially approved.
"The fact that our climate goals have been approved by the Science Based Targets initiative sends a clear signal to everyone in our value chain that we take this seriously and ensures that Scandi Standard stands for sustainable growth in the future," said Jonas Tunestål, CEO of Scandi Standard.
About the Science Based Targets initiative
The Science Based Targets initiative is a collaboration between CDP, UN Global Compact, World Resources Institute (WRI), and World Wide Fund for Nature (WWF). SBTi defines and promotes leading scientifically grounded goals and independently evaluates companies' targets.
