Arla Foods has scaled up its plan to cut carbon emissions by 63% by 2030, having already achieved a 24% reduction since 2015.
To help meet its ambitious new goals, the dairy company will increase total sustainability investments by 40% over the next five years to more than €4 billion. The new target has been fully approved by the Science Based Targets initiative (SBTi).
The plan includes converting to fossil-free milk tankers and distribution trucks as well as a shift to renewable electricity and low-energy solutions across all production sites and offices.
Arla Foods will also work with customers and farmers to reduce mileage and engage with logistics suppliers to help reduce their CO2 emissions.
“We are very pleased that the SBTi has deemed our target in line with what the latest climate science says is needed to meet the goals of the Paris Agreement,” said Arla Foods’ chief executive Peder Tuborgh.
“Together with our farmer-owners we have a tremendous appetite for leading the decarbonisation of dairy, so that people can continue to trust and enjoy dairy products.”
Arla Foods’ executive vice president Hanne Søndergaard added: “Our ambition is to be in line with a 1.5°C trajectory in all three scopes of our value chain when it becomes possible.
“We will therefore review the SBTi’s new sector guidance when it’s released to see whether any changes to our current plans will be required.”