Tate & Lyle PLC, a leading global provider of food and beverage solutions and ingredients, is delighted to announce that its greenhouse gas emission reduction targets for 2030 have been approved by the Science Based Targets initiative (SBTi) as consistent with levels required to meet the climate action goals of the Paris Agreement.
Announced in May 2020, Tate & Lyle’s commitment to a 30% absolute reduction in Scope 1 and Scope 2 greenhouse gas emissions by 2030 is in line with the Paris Agreement’s central aim to keep a global temperature rise this century well below 2°C. The company’s commitment to reduce emissions from the value chain (Scope 3) by 15% over the same period meets the SBTi’s criteria for ambitious value chain goals.
Tate & Lyle is one of only around 65 food and beverage operators globally to have its environmental commitments approved by SBTi, a collaboration between CDP, the United Nations Global Compact, World Resources Institute, and the World Wide Fund for Nature.
Nick Hampton, Tate & Lyle CEO, said: “At Tate & Lyle, we are passionate about making our contribution to lowering greenhouse gas emissions and minimising the worst effects of climate change. That’s why, inspired by our purpose Improving Lives for Generations, we have set ourselves ambitious environmental targets that are aligned to what the latest climate science is telling us we need to do. We are committed to working actively across our supply chain to help improve our environment and shape a better world.”
Sara Leeman, Environment Lead at Tate & Lyle, added: “To make the necessary reductions in greenhouse gas emissions, manufacturers like us must look beyond our factory gates to our value chain and commit to collaboration. With the approval of our science-based targets, we are delighted to have a unifying framework enabling our employees, suppliers and customers to work together to achieve shared sustainability goals backed by climate science.”