Operations & Finance PepsiCo announces first net zero plant for 2025 The brand has managed to decrease Scope 1 and 2 emissions by 23%, though its Scope 3 emissions have increased by 7%. Melodie Michel 10 May 2024
Human rights Waitrose joins Tony’s Chocolonely initiative for ethical cocoa supply chain Waitrose is paying farmers an additional premium on top of the Fairtrade certified bean price as part of the initiative. Melodie Michel 10 April 2024
Operations & Finance Tesco teams up with Natwest to support farmers’ energy transition Other retailers have implemented similar programmes to incentivise their suppliers’ decarbonisation – and reduce their own Scope 3 footprint. Melodie Michel 02 April 2024
Climate Targets Co-op unveils SBTi-approved climate targets including agriculture emissions So far, Co-op has cut operational emissions by 59% from its 2016 baseline, and reduced absolute Scope 3 emissions by 21%. Melodie Michel 01 April 2024
Water risk How PepsiCo achieved its water efficiency goal two years early Rainwater harvesting, standards adoption and a coding adjustment all helped PepsiCo increase water efficiency by 25% two years ahead of schedule. Melodie Michel 26 March 2024
Climate Targets Sainsbury’s unveils new 2030 climate targets that include land use and agriculture This is the first time the UK retailer has set goals for land use emissions, which come with a commitment to end deforestation across primary commodities by the end of 2025. Melodie Michel 19 March 2024
Policy & Standards EU Parliament adopts Nature Restoration Law The law now has to be adopted by the EU Council before entering into force. Melodie Michel 27 February 2024
Policy & Standards EU 2040 climate target bets heavily on CCS, backtracks on agriculture The new recommended target is deemed “not quite 1.5°C compatible”. Melodie Michel 07 February 2024
People & Culture Olam subsidiary ofi names new Chief Sustainability Officer Roel van Poppel replaces Gerard Manley, who retired as CSO last June. Melodie Michel 17 January 2024
Operations & Finance Food retailers start the new year with fresh climate plans Ahold Delhaize and Aldi UK's announcements come just a few weeks after COP28 placed food at the centre of the climate agenda. Melodie Michel 02 January 2024