Greenhouse gas (GHG) emissions are one of the major causes of rising global warming, and the companies from the consumer sector including FMCG, retail, packaging, food, and beverages account for a significant amount of the global emissions. CO2, Methane & NOx gases form a major part of greenhouse gases released from Fossil Fuels such as gas and oil. Due to rising GHG emissions from companies, it became important among major contributing sectors to report gas emissions during their operations.
Companies from the consumer sector are under increasing pressure to reduce their carbon footprint. Consumers are becoming more aware of excess carbon dioxide emissions' detrimental environmental effects. Their consumption behavior changes due to this, and they take an active interest in sustainability issues.
JBS SA (JBS) is a food processing company that processes beef, pork, poultry and lamb, chicken, and other convenience food products. The company also sells hides, leather, collagen, metal packaging and biodiesel, hygiene, and cleaning products and provides solid waste management and transportation solutions.
In 2021, JBS’ total emissions were 71 million tonnes of CO2 equivalents (MtCO2eq), a decrease of 88.5% on an annual basis.
GHG emissions are generally classified into Scope 1,2 & 3 emissions. Scope 1 includes direct GHG emissions from energy generated from fossil fuels and refrigerants. Scope 2 encompasses indirect GHG emissions from the on-site generation and purchase of electricity. Scope 3 involves all other indirect GHG emissions of the JBS value chain.
In 2021, Scope 3 emissions form the major portion of JBS’ total GHG emissions, accounting for 65 MtCO2eq (91.4% of total GHG emissions). In 2021, the company's Scope 2 emissions were 1.3 MtCO2eq, which decreased by 9.9% over 2020, and Scope 1 emissions were 4.6 MtCO2eq, an increase of 1.1% from the previous year.
In 2021, JBS decided to zero its net carbon emissions from all operations by 2040. By 2030, JBS commits to reducing absolute GHG emissions by 30% (from a 2019 baseline). Furthermore, JBS has committed to investing $1 billion in projects to reduce emissions by 2030.
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