“Our approach targets the four key pillars of environment, economy, people and community”

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Costa Group Holdings Limited, the Australian grower, packer and distributor of fresh fruit and vegetables, has released its 2021 Sustainability Report.

The 2021 Sustainability Report provides key data on Costa’s actions across its main sustainable business agriculture pillars of environment, economy, people and community.

Key highlights of the report include:

  • Commitment to achieving net zero carbon emissions by 2050
  • Additional reporting under the TCFD – identification of short, medium and long term climate-related risks and opportunities
  • Parameters reported – greenhouse gas emissions, energy consumption, total energy produced, water use by category, total water use, kg of produce grown per ML of water used.
  • Update on water efficiency and renewable energy projects
  • Initiatives to reduce supply chain and packaging waste
  • Health and safety key figures
  • Key people data

Costa CEO and Managing Director Sean Hallahan said sustainable commercial agriculture is integral to Costa’s business model and our ability to execute on our growth strategy and deliver superior returns for shareholders.

“Our approach targets the four key pillars of environment, economy, people and community and our sustainability report covers our progress in these areas. It recognizes their importance not only to our business performance by addressing climate risk by using protected crops and reducing emissions, improving production yield and efficiency, reducing supply chain waste and being an industry employer of choice, but also the contribution we make to providing millions of people with healthy and nutritious fresh produce in the most sustainable way possible,” Mr. Hallahan said.

“Costa has sought to establish a quantitative target that we believe will create long-term business resilience and ensure Costa makes a meaningful contribution to addressing the environmental and financial risks of climate change. The result is a commitment to achieve net zero carbon emissions by 2050.

“To help move towards this commitment, Costa plans to engage with the Science Based Target Initiative (SBTi) and then work with SBTi to validate our emissions reduction targets and achieve the goals of the Paris Agreement. .

“Work will be undertaken in 2022 to quantify our main waste streams as a prelude to setting waste reduction targets from 2023. Costa is targeting all forms of waste in our efforts to achieve significant and sustainable reductions in waste. level of waste we generate.

View the 2021 sustainability report.

Source: costagroup.com.au

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