By Joe Hoppe
Compass Group PLC said Friday that it has made a commitment to reach carbon neutrality in its global operations by 2030 and net zero greenhouse gas emissions across its operations and value chain by 2050.
The U.K.-listed catering contractor said its reductions targets for the next decade--which include a 46% reduction in Scope 1 and 2 greenhouse gas emissions by 2030 from 2019 levels--have been validated by the Science Based Targets initiative.
Specific targets include transitioning its fleet to electric vehicles, switching to renewable electricity, switching menus towards more plant-based proteins, reducing food waste by 50% by 2030, and developing a global deforestation-free and land conversion-free supply chain, the company said.
Compass said it will also use its scale global reach to work with clients, industry associates, governments and suppliers to achieve similar goals, and that its strategy will be delivered through collaboration, innovation and investment across global operations.
"Given the complexity of the global food supply chain as it is today, we do not underestimate the scale of the challenge ahead of us. Radical new collaborations are urgently needed across the entire value chain to make it a reality," Chief Executive Dominic Blakemore said.
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(END) Dow Jones Newswires