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20th April, 2021 by Melita Kiely
Yamazaki whisky producer Suntory Holdings has outlined plans to cut the company’s greenhouse gas emissions by 50% by 2030.
Suntory intends to achieve net zero greenhouse gas emissions by 2050 as part of its Environmental Vision Toward 2050 plans, which were first announced in 2020.
As part of this, Suntory will work to reduce emissions by 50% from its direct operations and by 30% across its entire value chain.
Tak Niinami, CEO of Suntory Holdings, said: “As a company with products that rely on the blessings of nature and with a corporate mission ‘to create harmony with people and nature’, it is a business imperative for us to step change our actions to address climate change.
“Since our inception more than 120 years ago, Suntory has been committed to sustainability across our entire business under the founding spirit of ‘giving back to society’.
“The entire group pursues our vision of ‘growing for good’ as one to protect the environment and make positive changes in the communities where we work and live.”
Furthermore, the company will ‘accelerate’ its work globally to combat climate change by gradually introducing internal carbon pricing to its group companies.
Suntory has also signed the Business Ambition for 1.5oC, a campaign led by the Science Based Targets initiative in partnership with the UN Global Compact and the We Mean Business coalition to hold global temperature increases to 1.5oC above pre-industrial levels.
In August last year, Bonhams Hong Kong set a new record for the most expensive Japanese whisky sold at auction after a bottle of Yamazaki 55 Years Old sold for HK$6.2 million (US$795,000).
In November last year, Johnnie Walker owner Diageo revealed plans to achieve net zero carbon emissions as part of a 10-year plan.
Meanwhile in January this year, trade body the Scotch Whisky Association revealed its new sustainability strategy, which included the goal of reaching net zero emissions by 2040.