Tyson Foods Inc. of Springdale announced Wednesday its sustainability goal of net-zero greenhouse gas emissions by 2050.
The company said the emission goal was approved by the Science Based Targets initiative. The SBTi is a partnership of international nonprofits CDP, the World Resources Institute, World Wide Fund for Nature and the United Nations Global Compact, a non-binding pact. Its aim is to drive climate action in the private sector by enabling companies to set science-based emissions reduction targets.
Tyson Foods has a current goal of reducing emissions by 30% by 2030.
The company announced the new 2050 target along with the release of its Sustainability Progress Report for fiscal 2020.
“At Tyson Foods, we believe progress requires accountability and transparency and we are proud to exemplify that as we work to achieve net-zero greenhouse gas emissions by 2050,” said John R. Tyson, chief sustainability officer for Tyson Foods and the son of Chairman John H. Tyson. “As the first U.S.-based protein company in the food and beverage sector to have an emissions reduction target approved by the Science Based Targets initiative, we hope to continue to push the industry as a leader and remain committed to making a positive impact on our planet, with our team members, consumers and customers, and in the communities we serve.”
Tyson Foods said to achieve the target, it would focus on using 50% renewable energy in its domestic operations by 2030 and complete its previously stated goal of having 2 million acres of feed land use sustainability practices by 2025; the previous goal was to have 2 million acres by 2020.
Tyson Foods said it will also expand sustainable beef production, which is currently on 5 million acres of grazing land.
“We believe what good food can do for people and the planet is powerful,” Tyson Foods CEO Donnie King said. “Our net zero ambition is another important step in our work toward realizing our aspiration to become the most transparent and sustainable food company in the world. Partnership and collaboration will be critical to our efforts, and we look forward to working with our customers, supply chain partners, and other stakeholders to achieve net zero.”