Agricultural sciences company FMC Corporation announced today a new goal to reach net-zero greenhouse gas emissions by 2035.
Along with announcing its new climate goal, the company said that it will use science-based targets aligned with a maximum global temperature rise of 1.5°C, and has committed to set targets through the Science Based Targets initiative (SBTi).
In addition to pursuing carbon neutrality in its operations and its indirect emissions, such as purchased energy (Scope 1 and 2 emissions), the company will also target Scope 3 emissions, which typically dominate a company’s carbon footprint. Scope 3 emissions include those generated in an organizations’ supply and value chain, in areas including upstream and downstream emissions within the company’s value chain, including business travel, employee commuting, production of purchased goods and services, and distribution and transportation of goods, among others.
Karen Totland, FMC Vice President, and Chief Sustainability Officer, said:
“As a leader in the global agricultural industry, we see firsthand the impact climate change has on farmers and the world’s food supply. We have an obligation to meet climate challenges head on and to find solutions that benefit all of our stakeholders.”