Scope 1, 2, and 3 greenhouse gas (GHG) emissions
The company has disclosed that it is currently undergoing due diligence to align its targets with the Paris Agreement. However, there is no evidence to suggest that the company has set any specific targets for reducing its scope 1 and 2 emissions. While the company does disclose progress in reducing scope 1 and 2 emissions relative to its baseline year of 2015, there is no evidence of progress being reported against any emissions targets.
There is potential for the company’s scope 1 and 2 emissions targets to align with a 1.5-degree trajectory. Interestingly, the company does disclose a quantitative increase in scope 1 and 2 emissions from FY 2020 to 2021. It also reveals that efforts are being made to measure and reduce upstream and downstream activities, including business travel, product shipping and distribution, and the production of raw materials, particularly cattle, which contribute to scope 3 emissions. However, there is no evidence of quantitative reductions being disclosed for scope 3 emissions.
It would be advantageous for the company to disclose a time-bound target for reducing its scope 3 greenhouse gas emissions. Additionally, there is an opportunity for the company to report progress against these scope 3 targets. Lastly, the company’s scope 3 emissions targets have the potential to align with a 1.5-degree trajectory.
Animal welfare
The company has an opportunity to set animal welfare targets applicable to all species, geographies and products.
Antibiotic use and growth promoting substances
The company has an opportunity to disclose targets to phase out the prophylactic use of antibiotics across all species, geographies and products, and report progress against the targets.
Ecosystem conversion
The company has an opportunity to disclose its efforts to avoid ecosystem conversion, including deforestation or restoration. It could develop a strategy and publicly report on specific, time-bound targets.
Plastic use and packaging waste
The company has an opportunity to disclose quantitative evidence regarding plastic use reduction and use of sustainable packaging.
Soil health and agrobiodiversity
The company has an opportunity to disclose activities and targets to improve soil health or agrobiodiversity in its production or sourcing practices, and report progress against them.
Water withdrawal
The company has an opportunity to enhance its disclosures relating to water use and withdrawal.