By KYIV. Nov 13 (Interfax-Ukraine) – The Astarta agro-industrial holding, together with the European Bank for Reconstruction and Development and Ernst & Young Global Limited, has developed a system of climate corporate management – a decarbonization strategy, it was approved by the board of directors of the agricultural holding.
“This is a comprehensive action plan, including both improving the calculation of greenhouse gas emissions for Scope 1-3, analyzing climate scenarios, identifying physical and transitional climate risks, and developing a decarbonization strategy,” the press service of the agricultural holding reported on Facebook.
According to the report, the strategy involves scaling up regenerative farming practices, increasing the energy efficiency of production, and using alternative energy sources.
The agricultural holding expects that the measures planned for implementation by 2030 will reduce greenhouse gas emissions by 44% compared to 2022, help improve the health and conservation of soil moisture, reduce the use of fertilizers, increase yields and reduce energy consumption in production.
“Astarta is a socially responsible business, therefore its efforts are aimed at expanding sustainable development practices, as well as studying and implementing short-term and long-term tools for adapting to climate change and mitigating its consequences,” director for sustainable business development and relations with investors Yulia Bereschenko said.
Astarta is a vertically integrated agro-industrial holding operating in eight regions of Ukraine. It includes six sugar factories, agricultural farms with a land bank of 220,000 hectares and dairy farms with 22,000 cows, an oil extraction plant in Globino (Poltava region), seven elevators and a biogas complex.
