Global food and beverage company Danone has been recognized as a global environmental leader, becoming one of only six companies – among 8,400 organizations assessed – with a triple A score from CDP, a non-profit climate research provider that drives companies and governments to manage their environmental impacts.
The company obtained the prestigious ranking in recognition of its leading environmental efforts, namely in tackling climate change, fighting deforestation and protecting water cycles.
Emmanuel Faber, chairman and CEO at Danone, said, “We are very proud to get a triple A score by CDP, which is truly helping organizations build a more sustainable economy by measuring and understanding their environmental impact.
“I would like to thank our teams for this great achievement, which acknowledges the resilience of the model we are building through our ‘One Planet. One Health’ business model, in a transparent way. This encourages us to keep working with partners to drive change and better take into account major positive and negative externalities that are both crucial and available to finance a radically more inclusive, multi-dimensional and resilient growth.”
CDP’s annual A-lists for climate change, forests and water security name the world’s most pioneering companies on environmental transparency and performance.
Being included in the lists is recognition of Danone’s environmental actions and progress towards its ambition of becoming carbon neutral, achieving zero deforestation in its supply chain and protecting water cycles. It also demonstrates the high degree of transparency of Danone’s reporting.
As part of its journey towards carbon neutrality on its full value chain by 2050, Danone set intermediate carbon reduction targets for 2030 which were officially approved by the Science-Based Targets initiative in 2017.
Danone’s strategy is based on reducing emissions, transforming agricultural practices to sequester more carbon in the soil, eliminating deforestation from its supply chain in key commodities, and offsetting the emissions that remain.
Danone brands are also taking tangible action to accelerate their journey towards a balanced footprint of zero net carbon emissions. Within Danone’s waters division, four major brands have already committed to becoming carbon neutral in the coming years: evian by 2020, Lanjarón and Volvic by 2025 and Font Vella by 2030.
Danone remains fully committed to eliminating deforestation on key commodities in its supply chain by 2020.
The company began its journey to protect water cycles more than two decades ago, by partnering with the Ramsar convention on wetlands in 1998. Today, Danone is supporting locally-adapted solutions to water quality, quantity and access both in its operations and its value chain.
It has also adopted a water stewardship strategy focusing on four pillars: water in operations, protecting ecosystems, promoting sustainable agriculture and increasing access to safe drinking water for populations.
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