The Dutch Brewing Company-Heineken has inaugurated a financial and sustainability report with regards to developing a new 2030 Science Based Targets for CO2.
According to sources, the company has set plans in order to achieve targets in clean energy, water consumption and goals in carbon emissions over the past year while also aiming to foster profits worldwide.
On Friday the company published its latest joint sustainability and financial report. The report further confirmed that the Dutch beer brand had substantially curbed carbon emissions from its breweries, almost by half since 2008. This exceeded its 2020 target, to achieve 40 percent cut four years ago.
This further also confirmed that the company achieved a five percent cut in CO2 reduction worldwide, based on its beer production volume which increased to 87 percent since 2008.
According to reports, the company is working on developing 2030 emissions reduction targets for its business and supply chain through the Science Based Initiative Targets.
The latest report states, “As we progress towards our 2020 targets, we are on track to reach most of our commitments. We have more to do in certain areas, including water balancing, CO2 in distribution, accident prevention and regional sourcing in Africa. We have defined new 2030 strategies for water and climate change and we are in the process of developing strategies and targets beyond 2020 for other focus areas.”
In addition, the company’s water efficiency has improved over the past 12 years, owning to drop in water consumption almost by 33 percent on average since 2008.
Heineken however also confirmed that it hadn’t been so successful with its 2020 target to secure half of its raw materials from sustainable sources. In this case, it attained only 34 percent share in 2019, confirming it has a lot to work on in the coming years to attain the target.
The company is said to currently work on new strategies for sustainable agriculture, and focus on reducing CO2 emissions, community impacts and curbing waste.