Post Holdings has announced a new target to achieve a 30% reduction of its scope 3 greenhouse gas (GHG) emissions intensity from sourced ingredients and packaging by 2030. The company previously committed of a 30% reduction of scopes 1 and 2 GHG emissions by 2030.
“The upstream supply chain, and specifically purchased goods and services, represent the largest source of GHG emissions for a consumer packaged goods company. Our scope 3 reduction commitment is a very meaningful pledge by our organization,” says Nick Martin, Post Holdings senior director of ESG. “Pursuing this target benefits the environment, while providing an opportunity to further strengthen partnerships with our largest suppliers.”
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As part of Post’s climate transition plan and scope 3 GHG goal commitment, the company has joined two industry collective action initiatives. Joining the CDP Supply Chain program, a coalition of more than 280 members engaging over 47,000 global suppliers on environmental issues and climate resiliency, will allow Post to collect more accurate scope 3 GHG data directly from suppliers. Membership in the Supplier Leadership on Climate Transition program, a coalition of 20 global companies providing suppliers with an online learning platform, tools, and technical assistance to accelerate their climate actions, will assist Post in achieving its sustainability goals.
Headquartered in St. Louis, Mo., Post Holdings owns companies that operate in the center-of-the-store, refrigerated, foodservice, and food ingredient categories. Its businesses include Post Consumer Brands, Weetabix, Michael Foods, and Bob Evans Farms. Post Consumer Brands is a leader in the North American ready-to-eat cereal and petfood categories, and also markets Peter Pan peanut butter.
