Marel's commitment to the Science Based Targets initiative (SBTi) reflects its increased focus on sustainability as a crucial part of its strategy.
Science-based targets provide companies with a clearly-defined path to lead the way to a low-carbon future. This marks an important next step in Marel's sustainability journey and its responsibility as a corporate citizen to support and enable sustainable development.
Marel is a member of the Nordic CEOs for a Sustainable Future coalition, created to inspire cooperative action towards the UN Sustainable Development Goals and the Paris Agreement in the Nordics.
'Sustainability is our business. In partnership with the most forward-thinking food processors in the world, Marel is transforming the way food is processed,' says Arni Oddur Thordarson, CEO of Marel.
'Our vision is of a world where quality food is produced sustainably and affordably. We are committed to setting science-based targets to ensure we continue to minimize the environmental footprint of our operations and support the food industry in taking further steps towards sustainable development. I am optimistic about the future and our vision is now more relevant than ever.
'We are motivated every day knowing that we are pioneers, continuously introducing new solutions to ensure the availability of quality food that is produced in an affordable and sustainable way'.
Focused on sustainable food processing
To improve the disclosure of climate-related risks and opportunities, Marel has also committed to integrating the recommendations of the Task Force on Climate-Related Financial Disclosure (TCFD) into Marel's 2021 climate-risk reporting.
The food industry faces many global challenges, including climate change. Food processors require innovative solutions that meet the needs of present generations without compromising the future of coming generations.
With its focus on sustainability, Marel's strategy helps future-proof the company's growth and set new standards for the food processing industry, while answering the Global Compact's call to the private sector for corporate responsibility and transparency.
For further information, please visit marel.com/sustainability.