Commits to set science-based targets for its greenhouse gas emission reductions
Corteva has announced its intention to become a more carbon-efficient business. In its inaugural 2020 Sustainability Report released recently, the company detailed a commitment to set science-based targets for its greenhouse gas emission reductions. The report also highlights the company’s 2030 goals and provides updates on its commitments to enrich lives, increase the resilience of the global food system, and protect the planet.
Corteva’s sustainability report is being released one year after the company announced 14 ten-year commitments to advance sustainability for farmers, for the land, in communities, and the company’s operations.
Delivering on the company’s 2020 pledge to establish a climate strategy goal, Corteva has set forth a commitment to set science-based targets for its greenhouse gas emissions reductions. These targets are aligned with Corteva’s scale and global impact– joining the effort to limit global warming to 1.5°C above pre-industrial levels.
The company’s commitments include:
– 65 per cent intensity reduction for scope 1 and 2 emissions
– 20 per cent intensity reduction for scope 3 emissions
While this is a new commitment, the company’s efforts to address climate issues are not new. Corteva Agriscience intends to achieve this goal through a variety of initiatives, including taking steps to reduce energy usage, focus efforts in R&D, increase production efficiencies, and transition to renewable energy sources.