Dedicated since 1919 to bringing health through food to as many people as possible, Danone is a leading multi-local food & beverages company. The company played a fundamental role in the creation of the Livelihoods Carbon Funds. Danone’s climate commitments started in 2008 when the company set the ambitious goal to reduce its carbon emissions by 40% within four years. At the same time, Danone explored solutions to offset the unavoidable carbon emissions generated within its value chain. The Danone Fund for Nature was created in this context to lead the company’s initial carbon offsetting program.
Following the success of the first large-scale mangrove restoration project in Senegal, launched in 2009, Danone invited other companies to join forces on a common mission to combine high-quality carbon credits with social and economic benefits for local communities, leading to the creation of the First Livelihoods Carbon Fund in 2011.
In 2015, Danone set an even more ambitious goal to become 100% carbon neutral by 2050 across its full value chain. In 2017, together with 7 other corporates, Danone renewed its commitment by investing in the second Livelihoods Carbon Fund to improve the lives of 2 million people and offset around 20 million tons of CO2 over 20 years.
Thanks to its long-term collaboration with the Livelihoods Carbon Funds, evian (worldwide leader of natural mineral water), became Danone’s first global brand to be certified carbon neutral in 2020.
“Climate change is one of the greatest challenges we face, as a society and a company. Danone is committed to decarbonize its business and become carbon neutral across its full value chain by 2050. To do this, we must activate nature-based solutions on a large scale, transforming entire value chains so that they regenerate ecosystems while strengthening equity and inclusion. Through Livelihoods, we can join forces with other companies and partners to this end, to drive systemic change in and beyond our value chain.”
Juergen Esser, Chief Financial, Technology and Data Officer.