Scope 1 emissions: Difference between revisions
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:'''1. Food waste reduction''' Linked to a specific percentage drop in tonnage of waste per every €1m of food sales, in support of UN Sustainable Development Goal 12.3; | :'''1. Food waste reduction''' Linked to a specific percentage drop in tonnage of waste per every €1m of food sales, in support of UN Sustainable Development Goal 12.3; | ||
:'''2. Carbon emissions reduction''' As measured by a set percentage drop in Scope 1 and Scope 2 CO2-equivalent emissions from the firm’s own operations, aligned with its 2030 goals certified under the Science Based Targets initiative; and | :'''2. Carbon emissions reduction''' As measured by a set percentage drop in Scope 1 and Scope 2 CO2-equivalent emissions from the firm’s own operations, aligned with its 2030 goals certified under the Science Based Targets initiative; and | ||
:'''3. Promotion of healthier eating''' As measured by a set percentage of own-brand food sales from healthy products." | :'''3. Promotion of healthier eating''' As measured by a set percentage of own-brand food sales from healthy products." | ||
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* [[CO2]] | * [[CO2]] | ||
* [[Corporate social responsibility]] | * [[Corporate social responsibility]] | ||
* [[Emissions]] | * [[Emissions]] | ||
* [[Environmental concerns]] | * [[Environmental concerns]] | ||
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* [[Scope 2 emissions]] | * [[Scope 2 emissions]] | ||
* [[Scope 3 emissions]] | * [[Scope 3 emissions]] | ||
* [[Streamlined Energy and Carbon Reporting]] | |||
* [[Sustainable Development Goals]] | * [[Sustainable Development Goals]] | ||
* [[Zero emissions]] | * [[Zero emissions]] | ||
Latest revision as of 06:40, 28 January 2022
Sustainability - environmental policy - greenhouse gas emissions.
Scope 1 emissions are an organisation's direct greenhouse gas emissions.
Scope 1 emissions include the organisation's direct emissions from its fuel combustion and company vehicles.
(Source - Greenhouse Gas Protocol)
- Novel 'reward or punish' RCF reflects Scope 1 & Scope 2 emissions
- "In 2020, [Ahold Delhaize] built on that step with the launch of a revolving credit facility (RCF) designed to incentivise the maintenance of high ESG standards via a novel ‘reward or punish’ mechanism.
- Tied intrinsically to the firm’s broader policies on corporate citizenship, the €1bn RCF provides for either a reduced or increased margin, depending on whether the firm’s activities align with three key performance indicators (KPIs) that are core, relevant and material to food retail:
- 1. Food waste reduction Linked to a specific percentage drop in tonnage of waste per every €1m of food sales, in support of UN Sustainable Development Goal 12.3;
- 2. Carbon emissions reduction As measured by a set percentage drop in Scope 1 and Scope 2 CO2-equivalent emissions from the firm’s own operations, aligned with its 2030 goals certified under the Science Based Targets initiative; and
- 3. Promotion of healthier eating As measured by a set percentage of own-brand food sales from healthy products."
- ACT Deals of the Year Awards 2020 - Ahold Delhaize
See also
- Carbon credits
- Carbon footprint
- Carbon-neutral
- Carbon tax
- CO2
- Corporate social responsibility
- Emissions
- Environmental concerns
- Environmental profit and loss
- Footprint
- Greenhouse gas
- Key performance indicator
- Montreal Pledge
- Renewables
- Revolving credit facility
- Science Based Targets initiative
- Scope 2 emissions
- Scope 3 emissions
- Streamlined Energy and Carbon Reporting
- Sustainable Development Goals
- Zero emissions
