Universal Corporation, a global agriproducts company, announced that its ambitious net-zero greenhouse gas (GHG) emissions target has been approved by the Science Based Targets initiative (SBTi). The SBTi validation confirms that Universal’s climate goals meet the strict criteria aligned with the Paris Agreement. The company’s strategy commits to reaching net-zero emissions across its value chain by 2050, with interim targets including a 45% cut in Scope 1 and 2 emissions and a 25% cut in Scope 3 emissions by 2030. Universal also pledged to eliminate deforestation in its supply chain by 2025. Executives highlighted that integrating sustainability is both good business and good stewardship, positioning these efforts as a competitive advantage. The approval from SBTi underscores Universal’s proactive approach to climate action and accountability.

Attaining SBTi approval signals to investors, customers, and partners that Universal Corporation’s climate commitments are credible and science-aligned. This milestone may enhance the company’s reputation and stakeholder trust, potentially yielding preferential access to sustainability-linked financing and contracts.

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Universal Corporation