Cranswick has declared that 14 of its sites are now carbon neutral as it aims to become “the world’s most sustainable meat business”.
The company reports that it has reduced its scope one and scope two carbon emissions by 18 per cent over the last financial year.
It has also funneled investment into a variety of measures to cut down on carbon emissions from its operations, including clean energy, efficiency initiatives and waste reduction.
The business claims that it has offset remaining emissions by supporting 11 “verified climate mitigation and removal projects” across the globe.
The update comes as part of the company’s target to reduce carbon emissions by 50 per cent across its value chain by 2030.
“It is crucial that all food manufacturers work together to recognise their role in tackling the climate crisis,” Cranswick chief commercial officer Jim Brisby said.
“We will continue to invest in decarbonisation and collaborate across the sector to play our part in the critical transition to a low-carbon world.”
Director of Shore Capital Clive Black confirmed that the news hads been positively received by the business’s investors.
“Cranswick has … signalled strong governance,” Black said.
“The biggest ESG risk I see for companies is that the Boards are setting targets but few, if any of them, will be there to see them through.
“Cranswick has a clear plan [which] makes their approach credible for the long term.”