Astarta Holding Sustainability Profile
Astarta Holding, a prominent player in the agricultural sector, is headquartered in Cyprus (CY) and operates extensively across Ukraine. Founded in 1992, the company has established itself as a leader in the agribusiness industry, focusing on sugar production, crop farming, and dairy farming. Astarta's unique approach combines modern technology with sustainable practices, ensuring high-quality products that meet international standards. With a diverse portfolio that includes sugar, grains, and dairy products, Astarta Holding has achieved significant milestones, including becoming one of Ukraine's largest sugar producers. The company is recognised for its commitment to innovation and sustainability, positioning itself as a key contributor to the agricultural landscape in Eastern Europe. Astarta's dedication to quality and efficiency has solidified its market position, making it a trusted name in the agribusiness sector.
DitchCarbon Score
How does Astarta Holding's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Dairy Processing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Astarta Holding's score of 22 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Astarta Holding's reported carbon emissions
In 2023, Astarta Holding, headquartered in Cyprus (CY), reported total carbon emissions of approximately 530,540,000 kg CO2e for Scope 1, 16,398,000 kg CO2e for Scope 2, and 348,162,000 kg CO2e for Scope 3 emissions. This represents a significant increase in emissions compared to previous years, particularly in Scope 1 emissions, which rose from 480,116,000 kg CO2e in 2022 and 561,000,000 kg CO2e in 2021. Astarta has set ambitious climate commitments, aiming for net zero emissions by 2050 across both Scope 1 and Scope 2 emissions. In the near term, the company achieved an 8% reduction in Scope 2 emissions, amounting to 15,000 kg CO2e in 2022, and a 15% reduction in Scope 1 emissions, which totalled 261,000 kg CO2e in the same year. The majority of these emissions stemmed from land management activities, accounting for 78% of total Scope 1 emissions. The company has disclosed emissions data for all three scopes, demonstrating transparency in its climate reporting. Astarta's commitment to reducing its carbon footprint aligns with industry standards and reflects a proactive approach to addressing climate change.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 359,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 24,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 23,000,000 | 000,000,000 | - | 000,000,000 |
How Carbon Intensive is Astarta Holding's Industry?
How Carbon Intensive is Astarta Holding's Location?
Astarta Holding's Scope 3 Categories Breakdown
Astarta Holding's Scope 3 emissions, which increased by 55% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 39% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 31% of Scope 3 emissions.
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Astarta Holding's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Astarta Holding has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
