Climate Action

BioMar is at the forefront of emissions reduction within our industry, and we pledged our commitment to the Science Based Targets initiative (SBTi) aligning our operational targets with the 1.5°C pathway to mitigate climate change.

This commitment was marked by our adoption of near-term targets for 2030, a crucial step for setting the stage for future sustainability achievements. We will reevaluate how to credibly set a long-term net-zero target based on experience from the near-term masterplan.

As these targets are aligned with the 1.5°C pathway, this underscores our leadership and commitment to this global challenge.

Milestones in 2024

• BioMar total feed GHG footprint: 1.86 tonnes CO₂eq./tonne feed (-14.4% from baseline 2020) 

• Scope 1 & 2 SBTi status: -20.6% from baseline 2020 (Market-based approach) 

• Scope 3 SBTi status: -23.6% from baseline 2021 

• New verified soy carbon footprint data incorporated into our BioSustain LCA tool 

• Set up a framework for furtherreductions on Scope 1 & 2 

• Schouw & Co. signed a 10-year PPA with Encavis AG to supply renewable electricity, supporting BioMar in meeting our climate goals. 

Targets for 2030

• Reduce BioMar total feed greenhouse gas (GHG) footprint by 1/3 by 2030 

• Meet our science-based targets through the Science Based Targets initiative (SBTi) aligned with reductions required to keep global warming to less than 1.5°C 

• We commit to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2020 base year 

• We commit to reduce absolute scope 3 GHG emissions from purchased goods and services and upstream and distribution 30% by 2030 from a 2021 base year 

• Ambition to become Net-Zero within our own operations by 2045, baseline 2020