Tate & Lyle exceeds its 2020 environmental targets

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Tate & Lyle reduced greenhouse gas emissions by 25% and waste to landfill by 37% over the last twelve years, and is now working towards ambitious new 2030 targets.

22 April 2021, London, UK: Tate & Lyle PLC (Tate & Lyle), a leading global food and beverage ingredient supplier, is pleased to announce on Earth Day 2021 that it has exceeded its 2020 environmental targets, set using a 2008 baseline. Scope 1 and 2 greenhouse gas (GHG) emissions, generated by on-site energy use, were reduced by 25% (target of 19%), and waste to landfill was reduced by 37% (target of 30%). These environmental benefits are equivalent to the carbon captured by nearly 1 million acres of US forestry and 1,700 fewer garbage trucks taken to landfill.

2020 environmental targets exceeded

The GHG emissions reduction target was delivered largely by investing in the transition to cleaner energy sources, such as replacing the coal boiler with a natural gas-fired combined heat and power system at the corn wet mill in Loudon, Tennessee. The waste target was met largely by eliminating certain waste streams from the production process by reclaiming valuable organic solids which would otherwise have been sent to landfill.

In May 2020, Tate & Lyle set new ambitious environmental targets for 2030 for GHG emissions, waste, water and sustainable agriculture. The 2030 GHG emissions reduction targets have been validated as science-based by the Science Based Targets Initiative, meaning they are in line with the goals of the Paris Agreement in Climate Change.

Nick Hampton, Chief Executive at Tate & Lyle, said: “We are proud of the progress we have made against our environmental commitments over the last decade, and are now absolutely focused on delivering our new targets for 2030. Every part of our global team, from production to procurement, supply chain to sales, are playing their part to deliver our purpose of Improving Lives for Generations by caring for our planet and helping to tackle the world’s biggest shared challenge of climate change.”

Sara Leeman, Global Environmental Leader at Tate & Lyle, said: “In setting our 2030 environmental commitments, we broadened our scope to include water reduction, the beneficial use of all our waste, emissions resulting from our value chain (Scope 3), and support for sustainable agriculture. Our new targets mean we are really challenging ourselves to make real and lasting improvements to the environment around us, while also continuing to grow our business.”

ENDS


NOTES TO EDITORS

  1. Tate & Lyle’s 2020 targets were a 19% intensity reduction in Scope 1 & 2 greenhouse gas emissions and a 30% intensity reduction of landfilled waste, both from a 2008 baseline.
  2. Results have been audited both internally and externally by AECOM.
  3. EPA Waste Reduction Model Version 15 and EPA Greenhouse Gas Equivalencies Calculator, defining “forest” as those managed and classified as forests in the United States for over 20 years.
  4. Volume-to-Weight Conversion Factors, U.S. Environmental Protection Agency, 2016, assuming large rear loader garbage truck capacity 35 cubic yards.
  5. Tate & Lyle’s 2030 environmental targets, announced in May 2020, are as follows:

Cleaner air

  • By 2030, we’ll have delivered a 30% absolute reduction in our Scope 1 and 2 greenhouse gas emissions with an ambition to reach a 20% reduction by 2025.
  • By 2030, we’ll have delivered a 15% absolute reduction in our Scope 3 greenhouse gas emissions.
  • By 2025, we’ll have eliminated coal from all our operations.

Using waste beneficially

  • By 2030, 100% of our waste will be beneficially used with an ambition to reach 75% by 2025.

Using less water

  • By 2030, we’ll have reduced water use by 15%.

Supporting sustainable agriculture

  • We’ll maintain sustainable acreage equivalent to the volume of corn we buy globally each year, currently 1.5 million acres, and through partnerships we’ll accelerate the adoption of conservation practices.

Find out more at https://www.tateandlyle.com/purpose/caring-for-our-planet

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About Tate & Lyle:  

Supported by our 160-year history of ingredient innovation, we partner with customers to provide consumers with healthier and tastier choices when they eat and drink. We are proud that millions of people around the world consume products containing our ingredients every day. 

Through our expertise in sweetening, fortification, and texture, we develop ingredient solutions which reduce sugar, calories, and fat, add fibre and protein, and provide texture and stability in categories including beverages, dairy, bakery, snacks, soups, sauces, and dressings. 

We have more than 3,300 employees working in around 58 locations in 39 countries, serving customers across 121 countries. Science, Solutions, Society is our brand promise and how we will achieve our purpose of Transforming Lives Through the Science of Food. By living our purpose we believe we can successfully grow our business and have a positive impact on society. We live our purpose in three ways, by supporting healthy living, building thriving communities and caring for our planet. 

Tate & Lyle is listed on the London Stock Exchange under the symbol TATE.L. American Depositary Receipts trade under TATYY. In the year to 31 March 2024, Tate & Lyle revenue from continuing operations totalled £1.65 billion. For more information, please visit https://www.tateandlyle.com or follow Tate & Lyle on LinkedInX (Twitter)Facebook or YouTube

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Our purpose

Our purpose of Transforming Lives Through the Science of Food guides every action we take and every decision we make. Learn about the three pillars of our purpose.

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