GlobalData offers a comprehensive analysis of Nutreco, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Nutreco‘s ESG performance. GlobalData’s company profile on Nutreco offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

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Nutreco, a global animal nutrition and aquafeed company, has set its target to eliminate the use of antibitics in their product offerings by 2025, as part of its sustainability efforts. Nutreco has identified three pillars in its sustainability roadmap: health and welfare, climate and circularity, and good citizenship. These pillars guide the company's initiatives to address environmental challenges, including greenhouse gas (GHG) emissions. The company has set an ambitious goal to achieve a 30% absolute reduction in its Scope 1 & 2 emissions by 2025 against 2018 baseline, in alignment with the Science Based Targets initiative (SBTi). Concurrently, it plans to phase out the use of coal and fuel oil within its operations while significantly increasing reliance on renewable energy sources.

In 2022, the company reported scope 1 emissions amounted to 332,660 tonnes of CO2e and scope 2 emissions amounted to 75,150 tonnes of CO2e. There was a 2.4% reduction in absolute emissions for Scope 1 and 2 when compared to the 2018 baseline. Nutreco aims to develop footprinting capacity in its farm and formulation models to help customers measure and reduce their emissions. This indicates a commitment to supporting sustainable practices throughout the value chain.

Nutreco has already taken steps to reduce its carbon footprint. For example, it has implemented initiatives such as a fully solar-powered milk chilling plant and the use of electric vehicles. The company's subsidiary, Trouw Nutrition, has also developed carbon footprint calculation tools to assist farmers in reducing the carbon footprint of their animal products. Additionally, Nutreco is investing in biogas units and promoting silage usage in feed to improve milk productivity and environmental sustainability.

The company's efforts extend beyond carbon emissions reduction. Nutreco is also focused on improving packaging sustainability. It aims to achieve 100% recyclable, reusable, or compostable packaging by 2025. Skretting Italy, a subsidiary of Nutreco, has introduced plastic bags with recycled content to reduce its use of virgin plastic.

In conclusion, Nutreco is committed to achieving its targets and reducing its carbon emissions. The company is taking steps to measure and reduce its environmental impact, particularly in the areas of carbon emissions and packaging sustainability. Through its sustainability roadmap and various initiatives, Nutreco aims to contribute to a more sustainable future for the animal nutrition and aquafeed industry.

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