- August 1th, 2019
Viña Concha y Toro is the first Chilean company to commit zero emissions to 2050
Viña Concha y Toro today signed a commitment to establish climate objectives that cover greenhouse gas emissions from its operations and that align itself with the global goal of not exceeding 1,5°C in the increase in the planet’s temperature. This initiative is responsible for the latest report of the Intergovernmental Panel on Climate Change (IPCC), which warned about the catastrophic consequences if global warming exceeds 1.5°C. As the report states, the next decade is critical, and warns of the severe consequences for the planet if this limit is exceeded. By signing the CEO of Viña Concha y Toro, Eduardo Guilisasti, the company became the only winery in the world and the first Chilean company to join the select Business Ambition for 1,5°C.
This initiative led by the United Nations seeks to generate high levels of commitment on the part of the business world to accelerate the achievement of the climate objectives set out in the Paris agreement. Furthermore, through specific and strategically planned actions, Viña Concha y Toro will implement an action plan that will allow it to reach zero net emissions by 2050.
With this initiative Viña Concha y Toro joins the 28 companies that have already generated this commitment in the world, such as Enel, Hewlett Packard Enterprise, Iberdrola, KLP, Levi Strauss & Co., Mahindra Group, Natura & Co, Telefónica, TTE Elia, Unilever, Vodafone Group, PLC and Zurich Insurance, among others, collectively representing companies from 17 sectors and more than 16 countries.
Valentina Lira, Sustainability Assistant Manager of Concha y Toro, highlighted: ‘Joining this global initiative marks an essential milestone for the Company and confirms the leadership line we have proposed to consolidate. As a global company, we have the responsibility to contribute to building the future in which we want to live. We hope that our contribution will inspire other organisations.’ Gonzalo Muñoz, High Level Champion for COP 25, stated: ‘It is a pride for Chile that an emblematic company has signed this agreement in a regional leadership act, it is another step towards its trajectory in climate action. It is an act of formal commitment to the climate that we deeply appreciate and we hope it will be an example for companies across the continent.’