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    03/08/2020 16:01 GMT
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Climate

The global climate challenge requires a concerted and transformational effort on the part of all actors. Business has a key part to play in delivering this change and Kerry is fully committed to playing a leading role. The Group’s strategy to address climate change considers our impacts right across the value chain.

Climate change represents both risk and opportunity for our business. We understand that alongside the physical risks presented by a changing climate, there are a range of emerging risks to be addressed as we transition towards a low carbon economy. We continue to keep these under review as part of the Group’s broader risk assessment process.

As our industry navigates this change, we also see an opportunity for Kerry in leveraging its innovation capabilities to support customers and consumers as they seek out healthier, more nutritious products that are better for people and the planet. Kerry’s unrivalled technology portfolio already provides a range of sustainable solutions that help to deliver positive climate impact, for example our Radicle by Kerry offering, and we believe we can amplify our work on climate by supporting customers to achieve their own ambitious carbon reduction goals. 

All of this is underpinned by our efforts to reduce our own climate impacts. In 2015, we set a target for a further 13% reduction in carbon intensity across Scope 1 emissions (direct from energy generation) and Scope 2 emissions (indirect from purchased electricity and heat) by 2020. We are pleased to report that in 2019, we continued to reduce emissions so that over the course of our Towards 2020 programme, total carbon intensity fell by 23% versus our 2013 base year.

Carbon2013 Base YearTowards 2020 Target2019 Target2019 Performance
CO2 per Tonne* 310.9kg 270.5kg 270.5kg 239.4kg
% Change -13% -13% -23%

*Novem Adjusted

Emissions Profile
Scope 1   58%
Scope 2   42%
Direct Emissions by Region
Americas   43%
Europe   33%
APMEA   16%
Consumer Foods   8%

While we are proud of our achievement to date, we know that as CO2 concentrations continue to rise, we need to do more to help keep global temperature rise below the 1.5° to 2° ceiling. To support this ambition, Kerry will further reduce its Greenhouse gas (GHG) emissions and has developed a new science-based target aligned with this goal. This target will see us reduce absolute emissions from our operations by a third, by 2030, and our target is currently undergoing validation by the Science Based Target initiative.

As part of our new Science Based Target, we are also aiming to reduce emissions intensity across our value chain by 30%. We will continue to work with suppliers on key raw material categories to help achieve this goal.

Novem Adjustment

Kerry Group’s actual performance has been adjusted to reflect like-for-like performance to our baseline year. We use the Novem Methodology for carbon reporting to adjust our baseline target reduction number in order to account for changes to product mix that have had a material effect on carbon intensity. The Novem Methodology predicts what the absolute GHG emissions for the production of a group of products would be if the base year emissions per tonne were applied to today’s production levels and product mix. This allows a meaningful comparison between two production periods based on improvements in the emissions per tonne for each product group. The Novem procedure applies only where targets are relative and Kerry Group measures GHG emissions on a CO2 per tonne output basis.