Dutch coffee and tea group JDE Peet’s has announced new climate-related goals, including 2030 targets for reductions in emissions across its operations and supply chain.
The new targets have been validated as being consistent with Science Based Targets initiative’s (SBTi) 1.5°C mitigation pathway to achieve net-zero by 2050.
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It is also in line with SBTI’s Forest Land and Agriculture Science-Based Target-Setting Guidance (FLAG), the company said.
The SBTi’s FLAG provides a framework to set science-based targets, including land-based emissions reductions and removals for companies with land-intensive operations.
The company’s previous SBTi-approved commitments were in line with a well below 2°C pathway, but the new targets represent a more ambitious net-zero compliant designation through the SBTi process.
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JDE Peet’s has now pledged to reduce its scope 1 and 2 greenhouse gas (GHG) emissions by 43.3% and its scope 3 GHG emissions by 25% by 2030, from a 2020 base year.
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By GlobalDataAdditionally, JDE Peet’s aims for a 30.3% reduction in Forest, Land, and Agriculture (FLAG) GHG emissions within the same timeframe.
The company also committed to no deforestation across its primary deforestation-linked commodities such as coffee, pulp & paper, palm oil, and cocoa by the end of 2025.
These targets align with the SBTi’s 1.5°C mitigation pathway, which is necessary to achieve net-zero emissions by 2050.
JDE Peet’s has already made progress, reporting a 21% reduction in scope 1 & 2 GHG emissions and a 9% reduction in scope 3 GHG emissions since 2023.
The Common Grounds sustainability programme at JDE Peet’s includes impactful coffee farmer programmes that support resilience and reduce the environmental footprint of coffee farming.
JDE Peet’s sustainability vice-president Laurent Sagarra said: “We believe that coffee, globally, can be grown in a net-zero way by 2050 if we work together – across the industry and with coffee farmers.
“We are pleased to have made considerable progress in our reductions in our scope 1, 2 and 3 GHG emissions in 2023, and are proud to announce new targets in line with SBTi FLAG guidance to continue to drive reductions.
“Through our inclusive farmer-first approach, we can address environmental challenges while helping to maintain coffee farmers’ livelihoods.”
Recently, Caribou Coffee finalised a $260m licensing agreement with JDE Peet’s.
First announced in January 2024, the deal includes the transfer of Caribou Coffee’s roasting operations in Minnesota and its office coffee and foodservice contracts.
