AdVini's Commitment to Sustainability: Steps Towards a Greener Future
AdVini's Commitment to Sustainability: Steps Towards a Greener Future
AdVini Takes Initiative in Climate Action
Renowned as a significant player in the wine industry, AdVini has recently achieved a remarkable milestone by signing a commitment letter with the Science Based Targets initiative (SBTi). This bold decision signifies a critical advancement in the Group's endeavor to reduce emissions across its operations, specifically focusing on locations such as France and South Africa. By adopting a proactive and transparent stance, AdVini aims to significantly curb its greenhouse gas emissions.
About the SBTi Commitment
By partnering with the Science Based Targets initiative (SBTi), which is recognized globally for its credible standards, AdVini is taking a stand in the climate crisis. This initiative brings together reputable organizations like the Carbon Disclosure Project, United Nations Global Compact, World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). With this commitment, AdVini has agreed to undergo a stringent evaluation of its emissions reduction targets by the SBTi. This independent assessment is paramount for ensuring that the targets align with scientific recommendations to limit global warming to below 2°C, as per the Paris Agreement and guidance from the Intergovernmental Panel on Climate Change (IPCC).
A Road Map Towards Sustainability
Tackling climate change is no small feat, and the process holds true for all AdVini's operations in both France and South Africa. The commitment involves all AdVini divisions working collaboratively to meet these assertive goals that form part of the company’s broader corporate vision. The Group has articulated both short- and long-term goals:
- Near-term target for 2035: Achieving a notable decrease in direct and indirect Scope 1, 2, and 3 emissions.
- Net-zero target for 2050: Aiming for substantial reductions in greenhouse gas emissions alongside implementing carbon capture and storage throughout its vineyards and supply network.
As a recognized winegrower operating on over 2,000 hectares, AdVini has pinpointed an additional objective in relation to its viniculture: to carve out a strategy for reducing forest, land, and agriculture (FLAG) emissions.
Assessing Feasibility and Ambitious Goals
To evaluate the practicality of this commitment, AdVini turned to the Assessment of Agricultural Targets (ACT), a robust methodology inspired by the French Agency for Ecological Transition (ADEME), a pivotal public body leading the transition. With SBTi standards in mind, AdVini is tasked with a two-year window to collaborate with its teams in creating a thorough road map aimed at fulfilling these lofty objectives.
Addressing Climate Challenges in Winemaking
Climate change presents a formidable challenge for viticulture, and AdVini is resolutely committed to action. Its initiatives aim not only to preserve its winemaking heritage but also to foster a sustainable future for the generations to come. Partnering with the SBTi reflects this commitment to limiting its environmental impact and inspiring the broader wine industry to adopt similar practices.
Antoine Leccia, Chair and CEO of AdVini, emphasizes the significance of this commitment: "Signing with the SBTi transcends a mere obligation; it signifies our promise to our teams and the entire wine community as we look ahead to a sustainable future. This is a key milestone in AdVini's Environmental, Social, and Governance (ESG) policy, reinforcing our existing initiatives targeting sustainability across the board. Our journey towards responsibility began in 2003 with the establishment of a sustainable development department to implement eco-friendly farming and production techniques. The climate crisis compels us to continue striving for more, ensuring the endurance of winemaking practices that produce quality while being environmentally considerate."
About AdVini: A Legacy of Commitment
Established in 1872, AdVini is an internationally recognized wine group characterized by familial values, visionary leadership, and a deep commitment to sustainability. For over 150 years, the organization has engaged in all facets of the wine industry, acting as winemaker, producer, supply chain specialist, and esteemed global distributor. AdVini continues to cherish and promote the rich diversity of terroirs and traditions that makes its wine unique.
Rooted deeply in recognized vineyards of France and South Africa, AdVini takes pride in the autonomy of its properties, encouraging collaboration to attain shared objectives: "Working daily, united in diversity, to extract the finest from our vineyards and our people." The Group actively embraces sustainability, undertaking initiatives to mitigate their environmental footprint in vineyards, while emphasizing water conservation, energy efficiency, and innovative approaches to eco-friendly winemaking at its production sites.
Understanding the SBTi's Role
The Science Based Targets Initiative (SBTi) serves as a critical organization engaging companies and financial institutions globally in addressing the climate crisis. The SBTi provides comprehensive tools, standards, and guidance for organizations looking to establish greenhouse gas (GHG) emissions reduction targets—targets that are aligned with the necessary efforts to keep global warming at bay and achieve net-zero emissions by 2050 at the latest.
Frequently Asked Questions
What is AdVini's commitment with the SBTi?
AdVini has signed a commitment letter with the SBTi, marking a significant step in its efforts to reduce greenhouse gas emissions in a structured manner.
What are AdVini's emission reduction targets?
The company aims for substantial reductions in Scope 1, 2, and 3 emissions by 2035 and has set a net-zero target for 2050.
How does AdVini plan to achieve these targets?
AdVini will work with its teams to establish a comprehensive road map within two years, guided by standards laid out by the SBTi.
Why is this commitment important for the wine industry?
This commitment not only represents AdVini's responsibility towards sustainability but also aims to set an example for others in the wine industry to follow.
Who can be contacted for more information about AdVini's sustainability initiatives?
For inquiries, Carmen Etcheverry, the Director of Sustainability, and Chloé Perinet, the Communications Manager, can be reached via their respective email addresses.
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