That is why CP Foods’ near- and long-term forests, lands, and agriculture (FLAG) sustainability targets are validated by the Science-Based Targets Initiative (SBTi). However, the demands of monitoring emissions has required the adoption of more cloud-based technology to:

    • Record, report, and act on real-time sustainability data
    • Drive carbon accounting at both corporate and product level
    • Realize goals of reducing 42% of Scope 1 and 2 emissions, and 30.3% of Scope 3 emissions by 2030; and 90% of Scope 1 and 2 emissions and 72% of Scope 3 emissions by 2050
    • Gain all-round insights into actual emissions automated in real-time rather than relying on manual averages, in order to make quick, informed, and sustainable business decisions for the firm’s operations, and for the planet
    • Develop a technology foundation that will ensure compliance with forthcoming carbon regulations in various markets, including the EU Carbon Border Adjustment Mechanism and US SEC climate risk disclosures
    • Reduce total emissions via a focus on supply chain emissions (mostly falling under Scope 3) by building on its existing Amazon Web Services (AWS) cloud infrastructure and implementing suitable sustainability solutions to record and report on its Scope 1 and 2 emissions in Thailand, and select Scope 3 (3.1 and 3.4) for its feed business in Thailand, covering both FLAG and non-FLAG emissions
    • Prepare for the next phase of implementation where the scope will extend to cover operations around the world