Tuna giant Princes is committing to reducing its absolute Scope 1, 2 and 3 energy and industry greenhouse gas (GHG) emissions by 50.4% by 2032.

The company said the new target is a “pivotal component” of its broader objective to achieve net zero GHG emissions across its value chain by 2050, a goal which is now validated by the Science Based Targets initiative (SBTi).

By 2030, Princes also aims to transition to 100% renewable energy.

This newly announced target runs alongside the food and drink manufacturer’s pledge to lower emissions from Forestry, Land, and Agriculture (FLAG) activities by 36.4% by 2032.

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Its long-term vision includes a 90% reduction in absolute Scope 1, 2, and 3 energy and industry GHG emissions by 2050, as well as a 72% reduction in FLAG emissions. Princes also aims to prevent deforestation across its primary commodity supply chains by 31 December 2025.

Princes’ corporate relations director David McDiarmid said: “With these ambitious targets, we are taking decisive action to combat climate change and ensure a sustainable future.

“Environmental, social and corporate governance (ESG) is fundamental to our business, never seen as a project or undertaken for the sake of compliance, but because we know it’s the right thing to do.”

The new goal follows a range of sustainability initiatives made by the company in recent years, including a commitment to 100% Marine Stewardship Council certified tuna by the end of this year.

The company’s GHG emission efforts are in alignment with the global goal to restrict temperature rise to 1.5°C, as championed by the 2015 Paris Agreement.