Smithfield reveals new commitments in its 2020 Sustainability Impact Report
The protein supplier has announced it will reduce GHG emissions across its entire domestic supply chain 30 percent by 2030 as well as obtain 50 percent of its electricity from renewable sources, such as solar and wind power, over the same time period.
Smithfield Foods Inc. reports that its new carbon reduction goal will reduce the company’s GHG emissions by nearly 5 million metric tons—the equivalent of removing over 1 million cars from the world’s roads or planting 216 million new trees. The expanded initiative follows on the heels of its commitment last fall to become carbon negative across its U.S. company-owned operations and builds upon the company’s industry-first 2016 carbon reduction goal to reduce absolute GHG emissions 25 percent across its U.S. supply chain by 2025.
The company reports progress toward its 25 percent by 2025 goal in its new report. These latest environmental goals are among many other goals the company has set across its holistic sustainability platform, which is modeled after the UN Sustainable Development Goals.