Grupo Bimbo, one of the world’s largest baking companies, has announced its commitment to achieve Net Zero Carbon emissions by 2050. This commitment considers emissions for its entire value chain, covering all scopes across all activities.

By doing this, Grupo Bimbo says it has become the first Mexican food company to commit to Business Ambition for 1.5°C and join the United Nation’s Race to Zero Campaign, with targets established and validated by Science based Targets.

The manufacturing giant says the roadmap towards this commitment has been carefully defined. Building on initiatives that have directed Grupo Bimbo towards cleaner energy for some time, it includes transitioning to 100 percent renewable energy, moving to lower carbon logistics and vehicles, implementing energy efficiency strategies, and supporting suppliers and partners in reducing their emissions through technological innovation. Grupo Bimbo will also include neutralisation actions through reforestation and carbon sequestration measures aligned with its regenerative agriculture initiative.

“I am proud that Grupo Bimbo can continue contributing to the United Nation’s Sustainable Development Goals and is actively looking for ways to limit the damaging effects of global warming,” said Daniel Servitje, Grupo Bimbo’s Chairman and CEO.

“Our new sustainability platform has been defined with long term ambitious goals which are intimately linked to our purpose, to nourish a better world. Grupo Bimbo is a company with a long track record on social and environmental initiatives, as we launch our new platform, we are taking the necessary steps towards fully integrating sustainability with our overall business strategy and publicly committing to continue positively impacting the future.”