International food and drink group Princes has committed to achieving carbon neutrality across all its operations by 2030, against a 2018/2019 baseline.

The target was set as part of a new 2030GreenGoals initiative, focusing on carbon emissions, water, waste and energy. The business intends to establish a formal target for net zero and work with customers, supplier, and industry bodies to achieve this.

This ambition builds on progress made since 2014/2015 to reduce the group’s carbon emissions, which represents a 23% decrease of over 34,000 tonnes of CO2.

Princes’ 2030GreenGoals, the company said, will be achieved by meeting the following targets:

  1. Carbon neutrality across all operations
  2. Up to 50% internal energy generation
  3. 25% less water wastage
  4. 30% less general waste
  5. 50% less food waste through prevention and positive use.

As part of this initiative, the company will drive towards self-generation and renewable energy, such as biogas from waste at manufacturing sites. It will also involve reviewing all equipment and infrastructure, and investing in carbon neutral solutions at manufacturing sites.

Minimising all leakage and waste, increasing the company’s water reusage levels, and reducing and reusing materials are all part of the 2030GreenGoals. The company has also stated that it is looking to accelerate progress to tackle global food waste through commitment to the Champions 12.3 coalition.

Barry McDonnell, chief operations officer at Princes, said: “Addressing climate change is a fundamental challenge for current and future generations, which requires action.”

He added: “We have a responsibility to tackle this challenge and go further in our efforts to reduce our environmental impact.”