Scope 1, 2, and 3 greenhouse gas (GHG) emissions
The company reports that its scope 1, 2 and 3 emissions increased compared to its FY2021 values. While the company focuses on reducing emissions per unit of sales rather than pursuing an overall reduction, it has an opportunity to track their progress toward these scope 1 and 2 targets, and align these goals with a 1.5-degree trajectory. Although the company discloses a target to reduce all emissions by 25% by 2025, there is no evidence of specific targets for reducing scope 3 emissions. Therefore, the company has an opportunity to set scope 3 targets, which could also be aligned with a 1.5-degree trajectory, and report progress toward this goal.
Ecosystem conversion
The company has an opportunity to disclose some activities and time-bound targets to achieve conversion-free supply chains.
Food loss and waste
The company has the chance to disclose its FLW reduction targets and report on its progress toward achieving these targets. Additionally, the company can align its FLW reduction goal with SDG12.3, which aims for a 50% reduction by 2030.
Plastic use and packaging waste
The company has an opportunity to disclose quantitative evidence regarding plastic use reduction and use of sustainable packaging.
Protein diversification
The company has an opportunity to set a sales-based target to increase alternative proteins across its portfolio, and report progress against this target.
Sustainable fishing and aquaculture
The company demonstrates a commitment to sustainable fishing and aquaculture, but there is room for improvement in terms of providing quantitative evidence to support claims of increased sustainability. An opportunity exists for the company to establish and disclose targets for sustainable fisheries and aquaculture across its entire portfolio, while also reporting progress made towards these targets.
Water withdrawal
The company has an opportunity to enhance its disclosures relating to water use and withdrawal.