Schreiber Foods

Schreiber Foods has set ambitious climate commitments, with both near-term and long-term Science Based Targets (SBTs) in place. The company aims for net-zero greenhouse gas emissions across its entire value chain by 2050.

For its near-term goals, Schreiber Foods commits to reducing absolute Scope 1 and 2 GHG emissions by 58.8% by 2034, against a 2024 base year. Concurrently, the company also targets a 58.8% absolute reduction in Scope 3 GHG emissions, specifically from purchased goods and services, capital goods, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, employee commuting, downstream transportation and distribution, and end-of-life treatment of sold products within the same timeframe. Additionally, Schreiber Foods has a near-term target to reduce absolute Scope 3 FLAG (Forest, Land and Agriculture) GHG emissions by 42.4% by 2034 from a 2024 base year, and commits to no deforestation across its primary deforestation-linked commodities by 29th December 2027.

Looking towards its long-term objectives, Schreiber Foods plans to achieve a 90.0% absolute reduction in Scope 1 and 2 GHG emissions by 2050, from a 2024 base year. Within the same period, the company also commits to reducing absolute Scope 3 GHG emissions by 90.0%. Furthermore, it aims to reduce absolute Scope 3 FLAG GHG emissions by 72.0% by 2050, also from a 2024 base year.

These targets demonstrate a comprehensive approach to mitigating climate impact, covering direct operations, energy consumption, and significant portions of its value chain, including agriculture and land use.