Universal Corporation's Net-Zero Target Approved by SBTi, Commits to 2050 Sustainability Goals

Reuters

2025/05/28

Universal Corporation's Net-Zero Target Approved by SBTi, Commits to 2050 Sustainability Goals

Universal Corporation, a global agriproducts company, has announced that its Net-Zero greenhouse gas $(GHG)$ emissions target has been approved by the Science Based Target initiative (SBTi). The company aims to achieve net-zero GHG emissions across its value chain by 2050. Intermediate goals include a 45% reduction in absolute scope 1 and 2 GHG emissions by 2030, and a 25% reduction in scope 3 emissions in the same timeframe, using 2024 as a baseline. By 2050, Universal plans to reduce absolute scope 1, 2, and 3 GHG emissions by 90% compared to 2024 levels. Additionally, the company commits to eliminating deforestation linked to its primary commodities by December 2025. These initiatives are part of Universal's broader sustainability strategy aimed at reducing its environmental impact.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Universal Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250527019244) on May 27, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Universal Corporation published the original content used to generate this news brief via Business Wire (Ref. 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The company aims to achieve net-zero GHG emissions across its value chain by 2050. Intermediate goals include a 45% reduction in absolute scope 1 and 2 GHG emissions by 2030, and a 25% reduction in scope 3 emissions in the same timeframe, using 2024 as a baseline. By 2050, Universal plans to reduce absolute scope 1, 2, and 3 GHG emissions by 90% compared to 2024 levels. Additionally, the company commits to eliminating deforestation linked to its primary commodities by December 2025. These initiatives are part of Universal's broader sustainability strategy aimed at reducing its environmental impact.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Universal Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250527019244) on May 27, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4075","symbol_name":"烟草","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250527:nNDL2qTjWC:1","article_id":"2538491777","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2538491777","pubTimestamp":1748376923,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Universal Corporation, a global agriproducts company, has announced that its Net-Zero greenhouse gas  emissions target has been approved by the Science Based Target initiative . 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