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European Climate Pact

Overview

Location

Lithuania

Sector

Agricultural commodities

Organisation type
Business

Company Information

AUGA group AB is a publicly listed vertically integrated organic food company, headquartered in Vilniu, Lithuania. Using proprietary and contracted manufacturing, the company produces a wide range of organic food products for the end consumer as well as organic commodities. In 2021, the company reported a total of 1,233 employees and a total revenue of 71.7 million Euro.*

*Source

 

Sustainability Mission

AUGA group is the largest vertically integrated organic food producer in Europe, with specific focus on sustainability and a vision to become Agtech company which will create a sustainable farming model and technologies that is needed to deliver food with no cost nature. AUGA’s new business model attributes key roles to the following technologies and processes: biogas cycle infrastructure and vehicles, specialized feed technology, regenerative crop-rotation. In 2021, the company presented the world’s first hybrid biomethane and electric tractor for professional farm use. This is the company’s first step in offering technological solutions that will eliminate climate pollution throughout the food production chain. The key goal of AUGA group’s innovation agenda is ultimately turning the company into a CO2eq neutral player in the organic food market by 2030.

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • AUGA Group AB has a target to reduce absolute scopes 1 and 2 CO2e emissions 27% by 2025 from a base year of 2019. This is a year-on-year reduction rate of 4.5% over the next 4 years

Pledge: Have a short-medium term GHG emissions reduction target (scope 1+2) with a 2.1% year-on-year reduction at a minimum

  • Have scope 1+2 GHG emissions verified through a third party verification or assurance process

MRV: Pact MRV in place

Status date: Submitted (23/06/2022)

Data source: CDP Climate Change 2022

 

Forests

Our actions – the Pathway

  • Publicly disclose data on forest-related impact to investors through a public platform

MRV: Pact MRV in place

Status date: Submitted (24/06/2022)

Data source: CDP Forests 2022

 

Governance & Strategy

North Star

  • AUGA Group AB has a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (23/06/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities

MRV: Pact MRV in place

Status date: Submitted (23/06/2022)

Data source: CDP Climate Change 2022