Darling Ingredients published its updated Environmental, Social, and Governance (ESG) Report. The company, in its report, explains its targets on sustainability, climate change and zero greenhouse gas emissions.
Darling Ingredients Inc., posted the company’s updated global Environmental, Social, and Governance (ESG) Report and highlighted its 2025 climate change targets designed to enable company growth while improving sustainability performance. Darling’s global strategy aligns the objectives of its Corporate Social Responsibility (CSR) pillars with specific Sustainable Development Goals (SDGs) as set out by the United Nations Global Compact.
“We see ourselves as part of the solution with our circular business model of repurposing the world’s agri-food waste streams into valuable, sustainable ingredients all while assisting in the decarbonization of the planet,” stated Randall C. Stuewe, Chairman and CEO of Darling Ingredients. “We have a responsibility for generations to come and our climate goals identified today will help secure a pathway and provide us a continual platform to build on for many years into the future.”
The company continues to actively manage towards its short-term global targets to reduce its water and energy intensity by five percent from 2020 to 2025. The company is also aggressively boosting its production of renewable energy and expects in 2022 to achieve an increase in production of over 150% from 2019. The new ESG Report illustrates initiatives to achieve the short-term targets and demonstrates a developing mid- and long-term strategic roadmap to reach the ambitious net zero GHG emissions and sustainable water use goals by 2050 within Darling’s own operations.
In pursuing these targets, the company’s leadership will ensure that its actions are consistent with responsible capital allocation, commitment to its financial targets and the continued creation of shareholder value. The company believes that achieving its sustainability and business goals will enhance its long-term financial performance and returns, while enabling it to contribute to the sustainability of our planet.