Client: A leading beverage manufacturer in Asia
Sector: Food & Beverage
Location: Hong Kong, Mainland China, Taiwan, Vietnam, Thailand and Laos
Ambition to: Set and achieve a Science Based Target (SBT) (i.e., 30% reduction in Scope 1, 2, and 3 emissions)
Services: Emissions Inventory Development | Hotspot Analysis | Reduction Strategy Development | Energy Assessment | Renewable Energy Procurement
About the Client
This beverage manufacturer is one of the largest bottling partners of a famous soft drink corporation, with franchises across Mainland China, Hong Kong, Taiwan, Cambodia, Vietnam, Thailand, and Laos. RESET Carbon has supported the client since 2019 with setting and implementing ambitious carbon reduction targets across its operations, furthering its commitment to sustainability and carbon management.
The Challenge
The company wanted to develop a comprehensive emissions inventory, identify its emission hotspots and create a carbon reduction strategy for the Asia region. The goal was to set and achieve a Science-Based Target (SBT), having first set one in 2020. By 2025, the original target needed updating, as the original commitment had reached the five-year mark. The update needed to incorporate the latest SBTi FLAG (Forest, Land, and Agriculture) requirements and reflect recent changes in the company’s organizational structure.
Our Approach
RESET Carbon’s approach involved several key steps:
- Emissions Inventory Development: Developed a comprehensive Scope 1, 2, and 3 emissions inventory, including FLAG emissions.
- Hotspot Analysis: Conducted an analysis to identify emission hotspots within the supply chain.
- Reduction Strategy Development: Modeled emission reduction scenarios and developed a reduction strategy in collaboration with the procurement and operations teams.
- Energy Assessment: Conducted an onsite energy assessment for selected sites to evaluate the available opportunities to reduce Scope 1 and 2 emissions.
- Renewable Energy Procurement: Developed a renewable energy procurement program to further reduce emissions.
Key Outcomes at a Glance
- Enhanced Data Accuracy: Improved the accuracy and reliability of the emissions inventory through rigorous data collection and verification.
- Scenario Modeling: Developed and analyzed various emission reduction scenarios to inform strategic decision-making.
- Reduction Opportunities: Identified and assessed emission reduction opportunities, providing clarity on key areas for engagement.
- Actionable Roadmap: Created a comprehensive and actionable decarbonization roadmap for the client to follow to achieve their targets.
Result
RESET Carbon’s collaboration with the client resulted in a robust carbon reduction strategy and implementation plan. By setting clear targets and developing actionable strategies, the company is now well-positioned to achieve its emission reduction goals and contribute to sustainability efforts in the food and beverage sector.
What could your organization achieve with the right carbon reduction strategy in place? Speak to our team to share your challenge.