Energy Efficiency, GHG Emissions, Industrial  -  December 23, 2024

Post Lowers Emissions by 6%

Post Holdings, Inc., a consumer packaged goods holding company, announced it lowered Scope 1 and 2 GHG emissions by 6% compared to fiscal year 2023.

The company also announced that its purchased grid electricity decreased by 3% compared to fiscal year 2023 as the  intensity levels decreased by 11% compared to a fiscal year 2020 baseline.

The company developed an evolved framework and approach to sustainability and seeks to achieve a 30% reduction in Scope 3 GHG emissions intensity from sourced ingredients and packaging by 2030. 

In addition, Post’s Weetabix business committed to the Science-Based Targets initiative as part of an ambition to set validated targets and operate as a net-zero business by 2050. During fiscal year 2024, the company again estimated its global Scope 3 GHG emissions using fiscal year 2023 procurement data and the spend-based calculation method. Future monitoring and measurement of Scope 3 GHG emissions will utilize the HowGood platform, which is currently being implemented.

Post is working to engage its top global ingredient and packaging suppliers, making up about 90% of spend, through two initiatives: 

1. CDP Supply Chain: a program to request annual GHG data and program information from suppliers. In 2024, 97% of participating suppliers provided Scope 1 and 2 GHG emissions data to Post. 
2. Supplier Leadership on Climate Transition (Supplier LOCT): a program providing suppliers direct mentoring, actionable instructions and tools to build internal capacity. 

The company reported it continues to engage key suppliers in the CDP Supply Chain and Supplier Leadership on Climate Transition programs to accelerate reductions in Scope 3 GHG emissions.

Details were released in its 2024 Sustainability report. 

"Each year we gain more insight into how to effectively pursue sustainability efforts across the organization and all four of our pillars," said Nick Martin, Vice President, Corporate Sustainability, in a statement. "I hope in reading this report, this maturation is apparent in our pragmatic approach, evolved framework and core principles."