As shoppers have made it clear that sustainability and the protection of the environment reign as a top factor when it comes to choosing the products they purchase, it is more important than ever for companies to incorporate these facets into their growth strategies. Following this idea, Tyson Foods has announced its goal to achieve net-zero greenhouse gas (GHG) emissions across its global operations and supply chain by 2050 as it unveiled its 2020 (FY20) Sustainability Progress Report.
“We believe what good food can do for people and the planet is powerful. Our net zero ambition is another important step in our work toward realizing our aspiration to become the most transparent and sustainable food company in the world,” said Donnie King, Tyson Foods President and CEO. “Partnership and collaboration will be critical to our efforts, and we look forward to working with our customers, supply chain partners, and other stakeholders to achieve net zero.”
The company’s move to net-zero GHG emissions is an expansion of Tyson’s current science-based target of achieving a 30 percent GHG emissions reduction by 2030. According to a press release, Tyson is one of the first U.S.-based protein companies to have an emissions reduction approved by the Science Based Targets Initiative (SBTi), underscoring the company’s commitment to combatting climate change.
“At Tyson Foods, we believe progress requires accountability and transparency and we are proud to exemplify that as we work to achieve net-zero greenhouse gas emissions by 2050,” said John R. Tyson, Chief Sustainability Officer. “As the first U.S.-based protein company in the food and beverage sector to have an emissions reduction target approved by the Science Based Targets initiative, we hope to continue to push the industry as a leader and remain committed to making a positive impact on our planet, with our team members, consumers and customers, and in the communities we serve.”
Tyson currently has 239 facilities and 139,000 employees globally, emphasizing the impact and size of the undertaking to achieve net zero emissions. The project will include looking at the company’s emissions tied to direct global operations, energy sources, and throughout the company’s supply chain, and will require effort from every team member in the organization.
Areas that Tyson will be prioritizing include:
The protein purveyor’s new strategy, along with its existing sustainability goals, are aligned with UN Sustainable Development goals. To further expand and develop its sustainability mission, Tyson will continue involvement with World Wildlife Fund Forest Land and Agriculture (FLAG) Consultative Group and continue partnerships and collaborations with organizations such as World Resources Institute, The Nature Conservancy, Environmental Defense Fund, and World Wildlife Fund.
“It’s great to see Tyson Foods embrace net zero as a business imperative,” said Jenny Ahlen, Senior Director at Environmental Defense Fund. "Success will be determined by what follows next, because the hard work is only beginning. We’re excited to work with Tyson in developing an action plan and interim targets, and to drive change at scale."
The introduction of Tyson’s new ambition comes in tandem with the company’s release of its FY2020 Sustainability Progress Report, detailing its moves to deliver on its sustainability targets across its operations. The report focuses on three main pillars: Empowering People, Customers ,and Communities; Conserving Natural Resources and Protecting Our Planet; and Innovating Smart, Responsible Agriculture.
To read the report in full and see Tyson’s achievements throughout 2020, click here.
How will Tyson’s new sustainability strategy evolve its company reach? Keep checking Deli Market News for the answers.