AdVini takes resolute action to fight climate change by signing a commitment letter with the SBTi
25 Settembre 2024 - 6:17PM
UK Regulatory
AdVini takes resolute action to fight climate change by signing a
commitment letter with the SBTi
ADVINI TAKES RESOLUTE ACTION TO
FIGHT CLIMATE CHANGE BY SIGNING A COMMITMENT LETTER WITH THE
SBTI
A major player in the wine industry, AdVini
has reached a new milestone in its sustainable development efforts
by signing a commitment letter with the Science Based Targets
initiative (SBTi). This decision marks a significant step in the
Group’s emissions reduction process both in France and South
Africa. AdVini takes a robust and transparent approach to the
reduction of its greenhouse gas emissions.
The SBTi commitment
AdVini has joined forces with the Science Based
Targets initiative (SBTi), a reference in its field and a joint
initiative of the Carbon Disclosure Project, the United Nations
Global Compact, World Resources Institute (WRI) and the World Wide
Fund for Nature (WWF). By signing this letter, the Group has
committed to a rigorous assessment of its emissions reduction
targets by the SBTi. This independent assessment ensures that
AdVini’s targets are in line with what science says is necessary to
keep global warming well below 2°C, in accordance with the Paris
Agreement and the recommendations of the Intergovernmental Panel on
Climate Change (IPCC).
An ambitious road map
The process will apply to all AdVini activities
in France and South Africa. All AdVini teams across all business
lines are on deck to help achieve this ambitious goal as part of
its corporate vision.
The Group has set short- and long-term
targets:
- A
near-term target for 2035: A significant reduction in
direct and indirect Scope 1, 2 and 3 emissions by 2035
- A
net-zero target for 2050: A significant reduction in
greenhouse gas emissions coupled with efforts to implement carbon
capture and storage in its own vineyards and throughout its value
chain.
As a winegrower on 2,000 hectares in France and
South Africa, AdVini identified an additional target related to its
wine activities: establish a pathway to reduce its forest, land and
agriculture (FLAG) emissions.
To assess the feasibility of this commitment,
AdVini used ACT, a rigorous methodology developed by the
French Agency for Ecological Transition (ADEME), a public
organization that plays a key role in the transition.
Based on SBTi standards, AdVini has two years to
work with its teams to build a detailed road map in order to
achieve these ambitious targets.
Tackling the climate challenge to
sustain the wine industry
Climate change is a monumental challenge for
viticulture. AdVini firmly stands by the need to take action to
preserve its winegrowing heritage and contribute to a sustainable
tomorrow for future generations. The Group is working with the SBTi
not only to limit its own impact on ecosystems, but to inspire
others in the wine industry to follow suit.
“Signing with the SBTi is more than a
commitment; it is a promise to our teams, our customers, to the
wine industry as a whole and to future generations.
It is a new milestone in AdVini’s ESG policy
that consolidates existing initiatives aimed at increasing
sustainability in everything we do. Our efforts to support our
teams began in 2003 with the creation of a sustainable development
department to implement environmentally-friendly farming practices,
optimize environmental sustainability at our production sites, and
take an eco-friendly design approach to winemaking.
The climate crisis obliges us to go even
further – and do even more – to ensure the future of winemaking. In
addition to adapting and ensuring we are resilient, we are
determined to be a responsible and driving force in the wine
industry,” declared Antoine Leccia, Chair and CEO of
AdVini.
About AdVini
Founded in 1872, AdVini is an international wine
group driven by family spirit, visionary, people-focused
shareholders, and incredible entrepreneurship. For over 150 years,
AdVini has embraced all trades in the wine industry. A winemaker,
producer, supply chain expert and operator, and worldwide
distributor, AdVini carries forth excellent savoir-faire and
winegrowing tradition by sharing its passion for wine with its
partners and promoting its defining mosaic of terroirs and
traditions.
Deeply rooted in major vineyards in France and
South Africa, AdVini cultivates the independence of its properties
and estates, which work together to achieve a common goal: “Work
daily, united in diversity, to bring out the best in our vineyards
and people.”
AdVini is resolutely committed to the
sustainability of its activities and strives daily to reduce their
impact, both in the vineyard, where it is leading an agroecological
transition, and at production sites, where careful attention is
given to water use, energy efficiency and green design techniques
in winemaking.
About the SBTi
The Science Based Targets Initiative (SBTi) is a
corporate climate action organization that enables companies and
financial institutions worldwide to play their part in combating
the climate crisis.
The SBTi develops standards, tools and guidance
which allow companies to set greenhouse gas (GHG) emissions
reductions targets in line with what is needed to keep global
warming below catastrophic levels and reach net-zero by 2050 at
latest.
The SBTi is incorporated as a charity. Its
partners are the CDP, the United Nations Global Compact, the We
Mean Business Coalition, the World Resources Institute (WRI) and
the World Wide Fund for Nature (WWF).
Press contact
AdVini
Carmen Etcheverry
Director of Sustainability, Quality and Communications
Carmen.etcheverry@advini.com
Chloé Perinet
Communications Manager
Chloe.perinet@advini.com
- 2024_08_29 - AdVini - SBTi commitment letter
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