June 7, 2021

Smithfield Foods pledges to further reduce GHG emissions across domestic  supply chain


Smithfield Foods, Inc. has announced on June 2 it will reduce greenhouse gas (GHG) emissions across its entire domestic supply chain by 30% by 2030.


The new goal builds on the company's prior pledge to reduce GHG emissions across its domestic supply chain by 25% by 2025. Smithfield also announced that it will obtain 50% of its electricity from renewable sources, such as solar and wind power, over the same period.


The commitments are just two of many included in the company's newly launched 2020 Sustainability Impact Report, which features project updates and refreshed goals and targets across an expanded sustainability platform encompassing seven core pillars: animal care; diversity, equity and inclusion; environmental stewardship; food safety and quality; health and wellness; and helping local communities and worker health and safety.


Last year, Smithfield transformed its "People" sustainability pillar into two new, standalone pillars to align with its priorities to ensure worker health and safety and embody a diverse, equitable and inclusive organisation. A third new pillar was introduced to highlight Smithfield's designated efforts supporting health and wellness.


"Our latest commitments underscore Smithfield's perennial dedication to sustainability," said Stewart Leeth, chief sustainability officer at Smithfield Foods. "Following an unprecedented year, Smithfield carries a renewed sense of purpose in our calling to responsibly produce food and ensure access to affordable, high-quality protein for the growing global population. Through the significant efforts, we have undertaken through our sustainability programme (and) we are continuing to realise this call through initiatives that create value for our company and for our stakeholders."


Smithfield's new carbon reduction goal will reduce the company's GHG emissions by nearly five million tonnes, the equivalent of removing over one million cars from the world's roads or planting 216 million new trees. The expanded initiative follows on the heels of Smithfield's commitment last fall to become carbon negative across its US company-owned operations and builds upon its industry-first 2016 carbon reduction goal to reduce GHG emissions by 25% across its US supply chain by 2025.


Smithfield reports progress toward its ‘25% 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.


To further affirm its environmental commitments, Smithfield recently signed to Business Ambition for 1.5°C , a global campaign designed to drive climate action in the private sector to reach net-zero global emissions by 2050 and align with a 1.5°C future. The joint initiative, comprised of corporate leaders taking climate action, is modeled after the Paris Climate Accord and spearheaded by the Science Based Targets initiative (SBTi) – a partnership between CDP Worldwide, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).


"Our latest climate targets, newly added priorities and refreshed commitments build on nearly two decades of sustainability leadership," said Leeth. "Our new report reflects our progress to date and outlines important, new strategic priorities and commitments for the future aimed at further improving our sustainable practices from farm to facility to fork."


- PRNewswire