By submitting its climate ambitions to the Science Based Targets project (SBTi), Infarm, a pioneering vertical farming business and co-host of the Food Systems Pavilion at COP27 have put itself firmly on the path to reaching net zero by 2045. The company claims to be the first vertical farming company to set science-based targets.
Infarm has committed to the following short-term CO2 emission reductions against the base year of 2021 as part of its overall impact vision: Infarm pledges to a 42% absolute reduction objective for its Scope 1 by 2030. (direct emissions linked to activities owned or controlled by Infarm), a combined intensity reduction objective of 48% (per tonne of generated plants) for Scope 2 (indirect emissions linked to the procurement of power across Infarm) and Scope 3 (indirect emissions linked to upstream and downstream activities in Infarm’s supply chain) emissions.
Infarm is committing to a total reduction of 90% of Scope 1 and 2 emissions compared to the base year of 2021 and a total intensity reduction of 97% within the same timeframe in order to achieve net zero by 2045. The remaining emissions will be addressed by net-zero-aligned, permanent carbon removal technologies.
Sudhanshu Sarronwala, Chief Impact Officer at Infarm: “According to the United Nations, food systems account for over one-third of the global greenhouse gas emissions. Knowing that we have to produce more food than ever before to feed a growing population, we need to act now and drive change in the food systems. Tech-driven companies like Infarm can and need to be the driver of this transition to a resource-efficient and climate-friendly food production.”
“We don’t have all the answers yet but we are facing the challenge head-on, and acting for a net-zero future. Setting SBTi Targets is well aligned to our Impact Vision and in keeping with us being a recently Certified B Corporation,” he added.
The company has undertaken a hotspot analysis to address the primary causes of its carbon emissions and is developing a mitigation route to assist to cut emissions efficiently and affordably while securing the future of the company and its stakeholders. The biggest issue for Infarm is its supply chain emissions, which make up roughly 70% of its overall footprint. Infarm’s net-zero path will be dependent on long-term cooperation with strategic suppliers to collectively decarbonize the supply chain. Infarm’s goals will mostly be attained by maintaining an emphasis on obtaining renewable electricity, growing crops that use minimal resources, and reducing the impact of its climate-control systems.
Infarm stated in its Impact Vision Paper from earlier this year that it has committed to setting science-based goals. Infarm has developed these targets as the main driver of its climate strategy to reach a net-zero emissions state in accordance with the Paris Climate Accord, fulfilling that promise as of today. According to science, global emissions must be limited in order to guarantee a maximum average temperature rise of 1.5°C by the end of the century and avert a global warming-related catastrophe.
Image provided by Infarm