Carlsberg Group targets net zero carbon emissions by 2040 as part of new ESG program

In Denmark, the Carlsberg Group has announced the launch its new environmental, social and governance (ESG) program, which includes a roadmap to achieve net zero carbon emissions across its entire value chain by 2040.

The new program, dubbed TTZAB is an evolution of the Group’s previous ESG program Together Towards ZERO (TTZ), which ha achieved a 40% reduction in carbon emissions and 21% reduction in water use per hectoliter of beer since 2015.

With the new program, the Group also adds targets to achieve a zero farming footprint and zero packaging waste. “Currently, carbon impacts associated with agriculture and the processing of raw materials, as well as the production and disposal of packaging, together amount to more than 65% of total beer-in-hand emissions. The implementation of regenerative agriculture practices – which enhance biodiversity, soil health, and natural carbon sequestration on farmlands – alongside the implementation of circular packaging solutions, will enable critical carbon reductions, from growing barley to recycling bottles and cans,” Carlsberg Group said.

More on the story.