Nutreco overhauls sustainability reporting, intensifies emissions reduction efforts

NETHERLANDS – Nutreco, a global leader in animal nutrition and aquafeed, is revolutionizing its approach to sustainability reporting and ramping up efforts to curb emissions across its operations. 

The company revealed plans to shift from traditional annual sustainability reporting to a more dynamic and transparent model in a groundbreaking announcement. 

Starting with its 2023 report, Nutreco will launch sustainability results and case studies more frequently throughout the year via its website. 

This move aims to provide stakeholders with real-time updates on the company’s progress in meeting its sustainability goals outlined in its RoadMap. 

One of the key initiatives in Nutreco’s sustainability agenda is its ambitious emissions reduction plan. 

Despite encountering a 2.5% increase in scope 1 and 2 emissions in 2023, the company remains steadfast in its commitment to achieving a 30% reduction in CO2 emissions by 2030, based on a 2018 baseline.

To achieve this target, Nutreco has devised a comprehensive emissions reduction plan encompassing four main levers: decarbonization, energy efficiency, manure emission reduction, and green electricity sourcing. 

The company has implemented concrete reduction plans across its Business Units and Operating Companies, incentivizing employees with performance targets linked to emissions reduction.

Furthermore, Nutreco’s Management Board has established a dedicated Capex fund for emissions reduction initiatives. 

With an initial investment of US$10.8 million in 2024, the company plans to continue allocating funds to sustainability-focused Capex investments in the coming years. 

Additionally, Nutreco is mandating replacing fossil-fuelled equipment with electric alternatives whenever feasible.

To foster innovation and sustainability in its operations, Nutreco conducted an engineering analysis in 2023 to explore the feasibility of constructing new factories with net-zero emissions. 

This initiative underscores the company’s commitment to embracing cutting-edge technology and practices to mitigate its environmental impact.

Robert van den Breemer, Sustainability Director at Nutreco, expressed optimism about the company’s emissions reduction efforts despite challenges encountered in 2023.

“While we were disappointed to see an overall increase in emissions in 2023, the good news is that some of our Business Units were able to achieve significant reductions, so we know it can be done,” said  Breemer.

He emphasized the collective commitment of Nutreco teams to achieving sustainability targets and hailed the progress made by various Business Units in reducing emissions.

Claudio Cervellati, Chief Supply Chain Officer at Nutreco, commended the dedication of Nutreco teams in implementing initiatives to drive emissions reduction.

From phasing out coal usage to investing in renewable energy sources like solar panels, Nutreco is taking proactive steps to align its operations with its overarching purpose of “Feeding the Future.”

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