Silver Fern Farms

Silver Fern Farms, a New Zealand-based meat products company, reported total carbon emissions of approximately 4.93 billion kg CO2e in 2024. This includes about 48 million kg CO2e from Scope 1 emissions, approximately 10.5 million kg CO2e from Scope 2 emissions, and roughly 4.87 billion kg CO2e from Scope 3 emissions. Notably, Scope 3 emissions in 2024 were primarily driven by upstream transportation and distribution, accounting for approximately 4.78 billion kg CO2e.

In 2023, Silver Fern Farms' total emissions were about 3.42 billion kg CO2e, comprising roughly 64 million kg CO2e from Scope 1, approximately 11.5 million kg CO2e from Scope 2, and around 3.34 billion kg CO2e from Scope 3.

The company has set several ambitious climate commitments. Silver Fern Farms Limited has Science Based Targets initiative (SBTi) approved near-term targets. They commit to reducing absolute Scope 1 and 2 GHG emissions by 42.7% by 2030 from a 2021 base year. Additionally, they aim to reduce absolute Scope 3 GHG emissions by 32.5% by 2032 from a 2021 base year.

Within their targets, Silver Fern Farms also commits to reducing absolute Scope 1 FLAG (Forest, Land and Agriculture) GHG emissions by 36.4% by 2032 from a 2021 base year. They also target a 16% reduction in Scope 3 FLAG GHG emissions from purchased beef per tonne of fresh weight by 2032 from a 2021 base year. Furthermore, the company is committed to achieving no deforestation across its primary deforestation-linked commodities by December 31, 2025.

Beyond these absolute reduction targets, Silver Fern Farms has also committed to achieving zero coal in its operations by 2030 for both Scope 1 and Scope 2 emissions, based on a 2023 baseline.