Baker Baker Achieves SBTi Approval for Emissions Reduction Targets

What's Happening?

Baker & Baker, a European bakery products manufacturer, has received approval from the Science Based Targets initiative (SBTi) for its emissions reduction targets. The company aims to achieve net-zero greenhouse gas emissions across its value chain by 2040, aligning with the 1.5°C science-based pathway. Baker & Baker's near-term targets include reducing Scope 1, 2, and selected Scope 3 emissions by 42% by 2030. The company is prioritizing decarbonization initiatives, including energy and carbon-reduction modeling and solar panel installations. Baker & Baker's efforts support its customers' net-zero commitments.

Why It's Important?

Baker & Baker's commitment to reducing emissions is significant as it aligns with global efforts to address climate change. By setting science-based targets, the company demonstrates leadership in sustainability, supporting its customers' environmental goals. The approval from SBTi highlights the importance of deep emission cuts in the food industry, promoting resource efficiency and ecological balance. Baker & Baker's initiatives contribute to the broader movement towards sustainable food production, benefiting both the environment and consumers.

What's Next?

Baker & Baker plans to continue its decarbonization efforts, focusing on energy and carbon-reduction projects across its manufacturing sites. The company will engage with key ingredient suppliers to ensure the delivery of its targets, particularly its FLAG commitments. Baker & Baker's strategy includes supporting its customers on their net-zero journeys, aligning with industry trends towards sustainability. The company's efforts are expected to gain more traction as consumer interest in sustainable products grows.

Beyond the Headlines

Baker & Baker's approach to sustainability highlights the importance of collaboration and innovation in achieving emissions reduction targets. By working with established sustainability consultancies, the company ensures its targets are viable and realistic. Baker & Baker's focus on no deforestation and engagement with suppliers underscores the need for comprehensive strategies in addressing climate change. The company's efforts contribute to the broader movement towards sustainable food production, promoting long-term ecological balance.