- April 25th, 2018
Viña Concha y Toro advances to reduce the emission of greenhouse gases
In line with the Sustainable Development Goals of the United Nations (SDG13), this month Viña Concha y Toro developed goals to reduce greenhouse gas emissions according to science, with the aim of preventing the temperature of the planet rise above 2 °C.
On Earth Day, Viña Concha y Toro seals a new commitment with the “Science Based Targets” initiative, which makes it the first Chilean company to take this step forward in terms of sustainability. Thus, Viña Concha y Toro becomes part of a group of leading companies internationally, which recognizes the global need to protect the environment and ensure that the transition to a low carbon economy is easy and prosperous.
The “Science Based Targets” initiative is a collaboration of the Carbon Disclosure Project (CDP), the World Resources Institute (WRI), the World Wide Fund for Nature (WWF) and the United Nations Global Compact (UNGC), which seeks to support companies to define the reduction of greenhouse gas emissions, in line with the Paris Agreement, to limit global warming below 2 °C.
On a global scale, there are approximately 380 companies involved, of which only 100 already have defined goals. With the advice of Edge Chile, SBT approval is expected for the goal of reducing greenhouse gas emissions from Viña Concha y Toro during the first semester of 2018.
“We are aware that climate change is a new challenge for the wine industry, so we want to commit ourselves and make a contribution to reducing emissions, not only in our operations but also motivate our value chain,” says Eduardo Guilisasti, CEO of Viña Concha y Toro.
Viña Concha y Toro is the only wine company in the world listed in Top #10 of “Beverage” category of the Dow Jones Sustainability Index, and also measures its carbon footprint for more than a decade, having achieved reductions of around 30% throughout the life cycle of their products.