AdVini takes resolute action to fight climate change by signing a commitment letter with the SBTi

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ADVINI TAKES RESOLUTE ACTION TO FIGHT CLIMATE CHANGE BY SIGNING A COMMITMENT LETTER WITH THE SBTI

A major player in the wine industry, AdVini has reached a new milestone in its sustainable development efforts by signing a commitment letter with the Science Based Targets initiative (SBTi). This decision marks a significant step in the Group’s emissions reduction process both in France and South Africa. AdVini takes a robust and transparent approach to the reduction of its greenhouse gas emissions.

The SBTi commitment

AdVini has joined forces with the Science Based Targets initiative (SBTi), a reference in its field and a joint initiative of the Carbon Disclosure Project, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). By signing this letter, the Group has committed to a rigorous assessment of its emissions reduction targets by the SBTi. This independent assessment ensures that AdVini’s targets are in line with what science says is necessary to keep global warming well below 2°C, in accordance with the Paris Agreement and the recommendations of the Intergovernmental Panel on Climate Change (IPCC).

An ambitious road map

The process will apply to all AdVini activities in France and South Africa. All AdVini teams across all business lines are on deck to help achieve this ambitious goal as part of its corporate vision.

The Group has set short- and long-term targets:

  • A near-term target for 2035: A significant reduction in direct and indirect Scope 1, 2 and 3 emissions by 2035

  • A net-zero target for 2050: A significant reduction in greenhouse gas emissions coupled with efforts to implement carbon capture and storage in its own vineyards and throughout its value chain.

As a winegrower on 2,000 hectares in France and South Africa, AdVini identified an additional target related to its wine activities: establish a pathway to reduce its forest, land and agriculture (FLAG) emissions.

To assess the feasibility of this commitment, AdVini used ACT, a rigorous methodology developed by the French Agency for Ecological Transition (ADEME), a public organization that plays a key role in the transition.

Based on SBTi standards, AdVini has two years to work with its teams to build a detailed road map in order to achieve these ambitious targets.

Tackling the climate challenge to sustain the wine industry

Climate change is a monumental challenge for viticulture. AdVini firmly stands by the need to take action to preserve its winegrowing heritage and contribute to a sustainable tomorrow for future generations. The Group is working with the SBTi not only to limit its own impact on ecosystems, but to inspire others in the wine industry to follow suit.