More than one third of meat and dairy companies are yet to publish sustainability targets – ING

ING analyzed the climate targets of the 50 largest meat and dairy firms from Europe and North America to discover ‘clear differences in the quality and level of detail of commitments’.

Of the findings, the most striking is that more than a third (35%) of companies have not published their sustainability targets publicly, and only 10% have published their scope 3 emissions targets.

Dairy companies are also more ambitious than their colleagues from the meat industry when it comes to average scope one and two reduction targets. According to the findings, dairy firms target a 40% reduction on average versus the meat industry’s 35% aim.

Overall, 64% of companies have published specific targets, and around a quarter aim for a net-zero status by 2050. Of those who disclosed their public targets, just 8% aim for net-zero and have targets for scope one, two and three emissions.

The missing scope three

Reducing scope 3 emissions, or so-called indirect emissions that occur in the value chain, is the most difficult part of any emissions reduction plan as actions required to cut down these emissions often fall outside a company’s control. According to the ING data, only 20 out of the 50 companies analyzed have outlined their scope 3 targets.

This could be because tackling value-chain emissions requires a diverse range of measures to be in place – upstream, eg at a farm level, this could involve manure treatment, breeding, and health management of the animal, while downstream, measures could include improved packaging and low-emission transportation.


Leave a Comment