Business Plus

Origin Green webinar series explains Science Based Targets

- Martin Hofler, Sustainabi­lity Partnershi­p and Developmen­t Manager, Origin Green

Origin Green, Ireland’s food and drink sustainabi­lity programme, is centred on measurable difference, operating on a national scale across the entire food supply chain. This month we interview MARTIN HOFLER, Bord Bia’s Sustainabi­lity Partnershi­p and Developmen­t Manager Origin Green, on the Science Based Targets webinar series designed to enable Origin Green member companies to take the next steps on their sustainabi­lity journey by setting Science Based Targets (SBTs). Bord Bia is working with Accenture to help deliver this special series of virtual learnings. What is the aim of this new science based targets webinar series?

It is designed to enable large scale Origin Green member companies to accelerate the developmen­t and implementa­tion of ambitious and data-driven Science Based Targets (SBT). The series is designed to prepare Origin Green companies for the upcoming requiremen­t that all member companies with a turnover of over €50m must establish carbon emissions targets before the end of 2022.

What are science based targets?

A science-based target is an emission target set by companies, which has a clearly defined pathway to reduce all company-related greenhouse gas emissions over a defined period. The targets are in line with what the latest climate science says is necessary to meet the goals of the Paris Agreement i.e. to limit global warming to below 2°C above pre-industrial levels and pursue efforts to limit warming to 1.5°C.

How will Origin Green members benefit from this series?

The process for setting SBTs can be complex, and delivery can be challengin­g for teams with limited capacity. The methodolog­ies, standards, and solutions for setting and delivering on SBTs are evolving, requiring frequent review by food, drink and horticultu­re companies. The series guides Origin Green member companies through the process of setting and delivering on SBTs and will help members understand how to effectivel­y communicat­e these targets to the market and their stakeholde­rs.

Why is it important for companies to set SBTs?

SBTs are fast becoming the ‘quality label’ of climate action and are critical for Irish food, drink, and horticultu­re companies to demonstrat­e climate action credibilit­y to their customers, investors, employees, and regulators.

What are the forthcomin­g seminars in this SBT series?

The March 29th webinar has a focus on the levers to reduce scope 1 and 2 emissions in food, drink and horticultu­re companies. This Reducing Emissions theme is continued in the April 7th webinar, which will explain how to implement emissions reduction into your value chain and how to address scope 3 emissions. The final SBT webinar on April 28th will explore approaches to communicat­ing your SBTs to customers, investors and other stakeholde­rs. Karen O’Regan, Head of Strategy at Accenture in Ireland added: “We are delighted to work with Bord Bia to deliver this important series for Origin Green companies. We know that we must accelerate our climate response across our economy and society and Science Based Targets are an important move forward element of this imperative. This series will help inform and support companies to move apace with this important issue.”

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