Ahold Delhaize sets updated CO2 emissions reductions target for its entire value chain, in line with UN goal of keeping global warming below 1.5°C
November 29 2022 - 3:00AM
- Ahold Delhaize’s climate targets are in line with the UN's goal
of keeping global warming below 1.5°C.
- To achieve this, the company today commits to an updated
interim CO2 emissions reduction target for its entire value chain
(scope 3) of at least 37% by 2030.
- Ahold Delhaize remains committed to become net-zero across its
entire value chain by 2050.
- For its own operations (scope 1 and 2), the company remains
committed to become net-zero by 2040 with an interim target of a
50% reduction by 2030.
Zaandam, the Netherlands, 29 November 2022 – Ahold
Delhaize today announces the update of its interim CO2 emissions
reduction target for its entire value chain (scope 3) to at least
37% by 2030, and to become net-zero by 2050. For its own operations
(scope 1 and 2), the company remains committed to become net-zero
by 2040 with an interim target of a 50% reduction by 2030. With
this updated scope 3 interim target, Ahold Delhaize aims to achieve
the decarbonization of its entire value chain and ensures that all
of its climate targets are in line with the UN's goal of keeping
global warming below 1.5°C.
The updated interim target is aligned with the Science Based
Targets initiative’s Net-Zero Standard. In accordance with the
recommendation by the Science Based Targets initiative, Ahold
Delhaize is using its latest available emission profile from 2020
as baseline for its 37% 2030 reduction target, updated from a 2018
baseline before. In November 2021 the company joined the Business
Ambition for 1.5°C, a global coalition of UN agencies, business and
industry leaders, in partnership with the Science Based Targets
initiative (SBTi) and the UN led campaign ‘Race to Zero’. The
update today is part of the annual climate reporting cycle as per
the Business Ambition agreements.
Decarbonization pathwayWhereas scopes 1 and 2
involve the CO2 emissions of Ahold Delhaize’s own operations
(mainly consisting of energy, refrigeration systems, and owned and
leased transport), scope 3 represents the indirect CO2 emissions
across our entire value chain. This value chain consists of
thousands of suppliers, producers and farmers who supply hundreds
of thousands of products that are sold to millions of customers
across the United States and Europe each day.
Jan Ernst de Groot, Chief Sustainability Officer of Ahold
Delhaize: “As a group of mainstream supermarkets and retailers, we
want to provide customers with sustainable and healthy products,
while keeping shelf availability and affordability top of mind. Our
commitment is to future generations, to continue to play a leading
role in the transition to a more sustainable food system. We are
proud of frontrunners like Albert Heijn, who inspire other brands
within the Ahold Delhaize group – and the sector - to take
sustainability performance to the next level in their market.”
The updated interim target is the result of extensive review,
which started in November 2021 together with external experts. This
review shows that the main drivers of emission reduction in scope 3
can be structured in three categories: suppliers and farmers,
low-carbon products and customer engagement.
Suppliers and farmersA key element of our
decarbonization efforts is encouraging and supporting our suppliers
in setting their own emission reduction targets in line with the
latest scientific evidence, and signing up to the Science Based
Targets initiative. These emission reduction commitments will
accelerate improvements in livestock farming, raw material
sourcing, deforestation reduction, processing, food waste
reduction, packaging and transport. Our brands can contribute by
supporting their suppliers and farmers with concrete environmental
actions. They can do this, for example, by setting up long-term
contracts with farmers.
Low-carbon productsSeveral of Ahold Delhaize’s
brands continue to introduce more plant-based protein products in
their assortments, driving the improvement of existing assortments
and the development of new assortments with less embedded
emissions. Our Dutch local brand Albert Heijn, for example,
committed to achieve a distribution of 60% plant-based and 40%
animal-based protein sales by 2030. All our brands in Europe will
commit to baseline their current protein ratio and set protein
ratio targets by the end of 2024.
Customer engagementHelping customers understand
the impact of their buying decisions and make choices that fit
their needs, their tastes and their values is an important part of
our approach. This includes stimulating and rewarding more
sustainable choices through loyalty programs and discounts,
increasing product transparency through navigation systems and
product labelling, improving assortments with more vegan and
vegetarian products, and increasing awareness and knowledge about a
healthy lifestyle.
As a result of this new target the Ahold Delhaize climate plan
has been updated, and is available on the corporate
website.
- Ends -
Cautionary noticeThis communication includes
forward-looking statements. All statements other than statements of
historical facts may be forward-looking statements. Words and
expressions such as target(s), goal, at least, to become, by,
remains, committed, aims, will or other similar words or
expressions are typically used to identify forward-looking
statements.
Forward-looking statements are subject to risks, uncertainties
and other factors that are difficult to predict and that may cause
actual results of Koninklijke Ahold Delhaize N.V. (the “Company”)
to differ materially from future results expressed or implied by
such forward-looking statements. Such factors include, but are not
limited to, the risk factors set forth in the Company’s public
filings and other disclosures. Forward-looking statements reflect
the current views of the Company’s management and assumptions based
on information currently available to the Company’s management.
Forward-looking statements speak only as of the date they are made
and the Company does not assume any obligation to update such
statements, except as required by law.
For more information
- Press office: +31 88 6595134 /
media.relations@aholddelhaize.com
- Investor relations: +31 88 659 5213 /
investor.relations@aholddelhaize.com
- Social media: Instagram: @Ahold-Delhaize | LinkedIn:
@Ahold-Delhaize | Twitter: @AholdDelhaize
About Ahold DelhaizeAhold Delhaize is one
of the world’s largest food retail groups and a leader in both
supermarkets and e-commerce. Its family of great local brands
serves 55 million customers each week, both in stores and online,
in the United States, Europe, and Indonesia. Together, these brands
employ more than 413,000 associates in 7,452 grocery and specialty
stores and include the top online retailer in the Benelux and the
leading online grocers in the Benelux and the United
States. Ahold Delhaize brands are at the forefront of
sustainable retailing, sourcing responsibly, supporting local
communities and helping customers make healthier choices. The
company’s focus on four growth drivers – drive omnichannel growth,
elevate healthy and sustainable, cultivate best talent and
strengthen operational excellence – is helping to fulfil its
purpose, achieve its vision and prepare its brands and businesses
for tomorrow. Headquartered in Zaandam, the
Netherlands, Ahold Delhaize is listed on the Euronext
Amsterdam and Brussels stock exchanges (ticker: AD) and its
American Depositary Receipts are traded on the over-the-counter
market in the U.S. and quoted on the OTCQX International
marketplace (ticker: ADRNY). For more information, please
visit: www.aholddelhaize.com.
- Ahold Delhaize Scope 3 target
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