TARGETING A NET ZERO CARBON FOOTPRINT IN 2050 BY DRASTICALLY REDUCING GREENHOUSE GAS (GHG) EMISSIONS
To combat global warming even more effectively, Rémy Cointreau has revised its CSR policy to reduce its carbon emissions across all its activities, in order to keep pace with the targets established by the global climate agreement limiting global warming to 2° C (or even 1.5° C) across the planet.
Encouraging virtuous practices
The Group has set itself the target of reducing its carbon emissions by 50% by 2030, and is working towards carbon neutrality in 2050. In keeping with the mapping of related risks, it has established indicators to measure its carbon impact. The goal: minimising the environmental impact of the activities of each of the Group’s brands.
This year, the calculation of carbon emissions was extended to scope 3 across all the Group’s sites and activities (global production sites).
Rémy Cointreau adapts its actions and practices according to scientific forecasts. The Science Based Targets (SBT) tool has enabled it to quantify the Group’s three greatest sources of carbon emissions: packaging, raw materials and transport. It thus offers an opportunity to more easily consider practical actions to reduce environmental impact.
To further limit its energy footprint, Rémy Cointreau’s French sites (excluding Domaine des Hautes Glaces) get all their energy from renewable sources, certified by CGOs (Certificate of Guarantee of Origin). In Seattle, the Sustainable Development Goals provide a framework for the Westland to develop its ecological projects. As part of the fight against global warming (SDG 13), Westland gets 90% of its energy from renewable sources.
In Barbados, the Mount Gay distillery has undertaken to reduce its gas emissions by purchasing hybrid vehicles with innovative equipment. Solar panels have also been installed to cover 25% of the site's electricity consumption by 2025. .
The French Business Climate Pledge
As part of the European climate agreement, and more generally the global climate agreement, Rémy Cointreau strives to embrace a collective momentum to preserve the planet. In 2017, the Group partnered with 99 other major French companies in the French Business Climate Pledge. This year, at the 2019 Rencontre des Entrepreneurs de France (Meeting of French Entrepreneurs), the Group furthered its commitment by asserting the necessity of collectively changing course by ramping up innovation and Research & Development to develop low-carbon solutions and achieve carbon neutrality in France by 2050. Together, 55 signatory companies renewed their commitment to the French Business Climate Pledge and plan to invest €73 billion in low-carbon solutions by 2023. This initiative strongly resonates with Rémy Cointreau’s historic commitments to the environment at the French, European and global level.
