Food Emissions 50 Company Benchmark
1. Emissions disclosure
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1a.
The company discloses scope 3 emissions from purchased goods and services.
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1b.
The company discloses scope 3 emissions calculation methodology that explicitly includes emissions from agriculture.
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1c.
The company discloses scope 3 emissions calculation methodology that explicitly includes land use change.
2. Emissions reduction targets
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2a.
The company has a GHG emissions reduction target that includes scope 3 emissions.
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2b.
The company has an SBTi-validated emissions reduction target that is aligned with 1.5˚C and inclusive of Scope 3 emissions.
3. Disclosure of progress against targets
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3a.
The company discloses progress towards its scope 1, 2, and 3 GHG emissions reduction targets it has achieved to date.
4. Growth and innovation strategy
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4a.
The company employs and implements the results of climate scenario planning that assesses its strategic and operational resilience to a transition to a lower emissions economy.
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4b.
The company invests in R&D, product development, and other innovations to align future growth of the company with its GHG emissions reduction target(s).
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4c.
The company has a forward-looking commitment to align capital expenditures (capex) and operational expenditures (opex) allocations with the company’s GHG emissions reduction target(s).
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4d.
The company has a process to address the impact of recent or future mergers and acquisitions on the company’s GHG emissions footprint.
5. Corporate procurement strategies and supply chain implementation
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5a.
The company assesses its largest emissions from purchased goods and services and discloses the largest categories and sources of supply chain emissions.
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5b.
The company takes actions to address its largest sources of scope 3 emissions from purchased goods and services.
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5c.
The company has time-bound, GHG-specific targets to reduce agricultural non-CO2 emissions from the supply chain.
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5d.
The company has a time-bound commitment to achieve a deforestation and conversion free supply chain by 2025 across all segments of the supply chain and all geographies.
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5e.
The company has climate-related requirements for its direct suppliers.
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5f.
The company provides financial and technical assistance to agricultural producers in its supply chain to adopt lower emitting practices.
6. Operations, waste, and transportation
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6a.
The company implements actions to transition to 100% clean energy by no later than 2050.
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6b.
The company has a strategy to decarbonize its operational energy use and increase energy efficiency over time.
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6c.
The company adopts lower/zero emissions transportation and distribution in private and third-party fleets.
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6d.
The company takes actions to address operational food loss and waste that prioritize reducing food loss and waste before diverting food from waste streams.
7. Customer engagement
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7a.
The company engages its customers in a shift towards lower emitting products and services that align with the company’s GHG emissions reduction target(s) and a societal transition to a lower emissions economy.
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7b.
The company engages customers on addressing emissions associated with the processing of sold products and/or the use and disposal of sold products.
8. Quantification of strategy against emissions reduction targets
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8a.
The company quantifies how the actions the company is taking as a part of its GHG emissions reduction strategy will yield the emissions reductions needed to achieve 100% of its target(s).
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