Lantmännen Cerealia: Climate targets now SBTi validated

Stockholm / SE. (lg) The ambitious climate goals that Lantmännen Cerealia is working towards to reduce emissions from both its own operations and from purchased goods and services are in line with what is required to limit global warming in accordance with the goals of the Paris Agreement. The Science Based Targets initiative (SBTi) has now approved Lantmännen Cerealia’s targets.

With local grain as a base in the offer, Lantmännen Cerealia offers food to consumers, industry and food service customers across the Nordic region. The harvest has a great importance on the business as well as on national food supply. This makes the climate issue integral to Lantmännen Cerealia.

«As our business is dependent on farmland and good harvests, we work continuously to reduce our climate impact and welcome SBTi as a way for all actors in the industry to work with a common frame of reference and goal,» says Thomas Isaksson, Executive Vice President Lantmännen and Head of Cerealia Business Area.

Lantmännen Cerealia commits to reducing its scope 1 and 2 emissions by 42 percent by 2030 from the base year 2021. During the same time period, emissions from specific categories in scope 3 will be reduced by 25 percent. In addition, Lantmännen Cerealia has also had its FLAG target approved, which is a target related to land-based emission reductions and removals. The goal is to reduce land-based emissions by 30.3 percent from the base year 2021.

«When looking at the food value chain, emissions related to land use make up a significant part. The cultivation stage is thus central to both ensuring nutritious food and to tackling the climate challenges of today’s world. As part of Lantmännen, we have a unique position and opportunity to make a difference for the entire value chain,» says Linnea Heiskala, Head of Sustainability, Lantmännen Cerealia.

The key to a long-term sustainable use of arable land is to create conditions for farmers to phase out fossil fuels and invest in new technology. «In both Sweden and Finland, we offer products with lower climate impact, based on grain from our Climate + Nature cultivation program. A key component of this program is that the farmer receives additional payment to cover for the increased costs. This is the kind of initiatives that are needed to be able to create long-term changes, and we are looking to expand the program to other geographies,» says Thomas Isaksson.

«Individual companies’ climate goals are great, but real difference comes from having a broader perspective and working in partnership in the value chain. We are therefore pleased that SBTi is growing so that the entire industry finds a common frame of reference,» says Linnea Heiskala.

Fact sheet Lantmännen Cerealia x SBTi

Energy + industry: Lantmännen Cerealia commits to reduce absolute scope 1 and 2 GHG emissions 42 percent by 2030 from a 2021 base year. Cerealia also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, fuel and energy related activities, upstream transportation and distribution, waste generated in operations and business travel 25 percent within the same timeframe. The target boundary includes land-related emissions and removals from bioenergy feedstocks.

FLAG: Lantmännen Cerealia commits to reduce absolute scope 3 FLAG GHG emissions 30.3 percent by 2030 from a 2021 base year. The target includes FLAG emissions and removals. The company also commits to no deforestation across its primary deforestation-linked commodities, with the target 2025/12/31.