Carlsberg Group has today launched its new Environmental, Social and Governance (ESG) programme, Together Towards ZERO and Beyond (TTZAB) which contains updated targets and new focus areas. These include a roadmap to achieve net zero carbon emissions across the entire value chain by 2040, from the barley in the fields to the beer in hand. TTZAB is an evolution of the Group's previous ESG programme Together Towards ZERO (TTZ), which has delivered strong progress, including 40% reduction in carbon emissions and 21% reduction in water use per hectolitre of beer since 2015.
The company aspire to achieve net zero carbon emissions across the entire value chain by 2040, while also raising ambition levels and sharpening targets for other topics such as water, responsible drinking, diversity, equity & inclusion, human rights, and community engagement.
Cees 't Hart, CEO of Carlsberg Group, says:
"TTZAB is an integral part of delivering on our purpose of brewing for a better today and tomorrow. Whilst we remain committed to the focus areas that we established in 2017, we have expanded the programme to include a wider array of ESG topics and to address the societal challenges impacting people and communities where we operate.
TTZAB is embedded into the company's corporate strategy, SAIL'27, as a key mechanism for mitigating risks, driving positive change, and demonstrating the company's purpose through concrete targets, actions and results.
Simon Boas Hoffmeyer, Senior Director Group ESG at Carlsberg Group, says:
"With our new targets we support an industry transformation towards more sustainable business practices through, for example, shifts in farming practices, sourcing procedures, and product design, as well as the scaling-up of efficient deposit return schemes. Across all our ESG focus areas, we will continue improving our performance, while increasing disclosure and transparency for all our stakeholders. We will continue to tackle these challenges through a sustained focus on partnerships with suppliers and partners."
The company's activities, in pursuit of its raised ambitions, are further supported by its approved Science Based Targets, which are aligned with the 1.5°C target in the Paris Agreement on Climate Change, as well as its memberships in theRE100, theWe Mean Business Coalition, theRace To Zero, theAlliance of CEO Climate Leadersand theWFA's Planet Pledge.
* Scope 1, 2 and 3 emissions.
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Carlsberg A/S published this content on 17 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2022 06:53:03 UTC.