Baker & Baker has set its sights on 2040 as its year to achieve Net Zero, a target which it will be validating against the Science Based Targets initiative (SBTi) later this year.
In the interim, the European bakery products manufacturer has set itself the goal of a 42% and 27% reduction in industrial and agricultural emissions, respectively, by 2030.
Baker & Baker has already undertaken a detailed carbon footprint exercise for its European Group activities and defined its baseline carbon emissions for the year 2021. It is currently measuring and tracking its progress against this baseline year to calculate its emissions for 2022.
More than 95% of Baker & Baker’s total emissions are indirect and fall within scope three. These can be mostly attributed to its ingredients segment which is similar to most large bakery businesses.
As reported in Food Manufacturer’s scope 3 roundtable held earlier this year, scope 3 emissions are particularly difficult to measure and track. Decarbonising the ingredients supply chain will be a long-term challenge that requires cross collaboration.
“Collaboration with our key suppliers will be important, but industry solutions and new technologies and processes will need to come online, at scale, if we are to achieve the deep emission reductions required,” Nicholas Bevan, Baker & Baker’s director of sustainability told Food Manufacture. Read more about scope three emissions here.
Commenting on today’s announcement, John Lindsay, Baker & Baker CEO, described the news as “a significant milestone” for the company.
“Our Net Zero target of 2040 is line with many of our customers’ commitments as well as the Food & Drink Federation (FDF),” he added, “and demonstrates our ambition to decarbonise our business operations whilst contributing positively towards tackling the climate emergency.”