Tyson Foods announced this morning that it will strive to achieve net-zero greenhouse gas emissions across its global operations and supply chain by 2050.
Context: The announcement marks a step forward from Tyson's previous commitment, made in 2018, to reduce greenhouse gas emissions 30% by 2030.
What's happening: In a press release, Tyson outlined specific goals to meet along the way.
- Update the baseline for emissions to align with limiting global temperature rise to 1.5℃, consistent with the Paris Agreement, by the end of 2023.
- Establish a pathway to using 50% renewable energy across its domestic operations by 2030.
- Target 2 million feed acres for land conservation, and expand total acres by 2025.
- Increase the company's grazing lands target for sustainable beef production practices by 2025. The current target is 5 million acres.
- Eliminate deforestation risk throughout its global supply chain by 2030.
- Support climate action policies through advocacy groups such as the Net Zero Business Alliance.
What they're saying: John Randal Tyson, chief sustainability officer, tells Axios the biggest challenge is making sure the millions of people Tyson works with are working toward the same goal.
- Between 80 and 90% of Tyson's greenhouse gas emissions come from "indirect upstream and downstream emissions that occur in the value chain," he says, such as on farms.
Go deeper: Read Tyson's annual sustainability report here.
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