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European Climate Pact

Overview

Location

France

Sector

Food, beverage & tobacco

Organisation type
Business

Company Information

Danone is a publicly listed multinational food products corporation headquartered in Paris, France. In 2021, it reported a total of 97,737 employees and 24.3 billion Euro in revenue.

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • Have a company-wide GHG emissions reduction target
  • Have an internal price on carbon 
  • Have an initiative in place to drive GHG emissions reduction through waste reduction and materials circularity
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

 

Energy

North Star

  • Danone has a company-wide target to consume 100% of electricity from renewable sources by 2030 from a baseline of 18.2% renewable electricity consumption in 2017

Pledge: Have a target for 100% renewable electricity consumption by no later than 2050, in line with the RE100 technical criteria 

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

 

Forests

Our actions – the Pathway

  • Publicly commit to reduce or remove deforestation and/or forest degradation from its direct operations and/or supply chain in line with the New York Declaration on Forests 
  • Commit to zero gross deforestation
  • Set a quantifiable target for increasing the sustainable production and/or consumption of disclosed commodities as share of total
  • Have at least 90% of commodities certified in a no-deforestation compliant certification
  • Participate in jurisdictional approaches to promote the implementation of forests-related policies and commitments
  • Support or implement projects focused on ecosystem restoration and protection beyond no deforestation
  • Work with direct suppliers to support and improve their capacity to comply with our forests-related commitments, policies, and other requirements
  • Work with smallholders along the company's value chain to support good agricultural practices and reduce deforestation or conversion of natural ecosystems through financial or technical assistance
  • Publicly disclose data on forest-related impact to investors through a public platform
  • Have a publicly available forest policy, with well-defined goals and targets, that is used to inform internal decision-making
  • Have board-level oversight of forests-related issues
  • Have forests issues be fully integrated in all parts of long-term strategic business plans
  • Assess company and suppliers' compliance with forests regulations and/or mandatory standards when sourcing commodities from regions with high deforestation risk 
  • Have a system to control, monitor, and verify compliance with no-deforestation policies/commitments that covers all relevant operations and supply chains and shows more than 90% of total volume in compliance

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Forests 2022

 

Water

Our actions – the Pathway

  • Have an internal price on water 
  • Have a target to reduce water pollution 
  • Publicly disclose data on water-related impact to investors through a public platform
  • Have board-level oversight of water issues
  • Integrate water-related issues into the company's long-term business objectives
  • Integrate water-related issues into the company's strategy to achieve long-term business objectives
  • Provide C-suite incentives for the management of water related issues
  • Regularly monitor and measure key water security metrics at least for 75% of the company's facilities

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Water 2022

 

Governance & Strategy

Our actions – the Pathway

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

North Star

  • Danone has a supplier engagement target to get 13.0% of its suppliers by procurement spend to set a science-based emission reduction target

Pledge: Have a supplier engagement target in order to reduce scope 3 GHG emissions, to get a share of our suppliers by procurement spend set science-based GHG emissions reduction targets in line with the SBTi Criteria and Recommendations

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an ongoing and transparent dialogue with our value chain around climate-related issues

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022