Juan Valdez - Corporate Site

Climate change mitigation

At Procafecol S.A. sustainability is at the heart of the business model, reflected in its strategic objective: To generate shared value for coffee growers, collaborators, consumers, shareholders and commercial allies.

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Timeline

Climate action pathway and commitments to the board of directors

  • 20
    20

    Carbon footprint calculation

    Scope 1.

  • 20
    21

    Carbon footprint calculation

    Scope 1 and 2.

  • 20
    22

    Measurement Scope 1, 2, and 3. – We announce our commitment to achieve net zero emissions by 2050.

  • 20
    23

    Measurement Scope 1, 2, and 3 – Definition of short-, medium-, and long-term goals.

  • 20
    24

    Scope 1, 2, and 3 measurement – Scope 1, 2, and 3 decarbonization actions.
    – Development of a guide for the implementation of best practices in the maintenance and replacement of refrigeration equipment.

    – Inclusion of sustainability criteria in equipment purchases for tax incentives.

    – Follow-up with logistics suppliers to improve data quality in Scope 3 carbon footprint measurement.

  • 20
    50

    Race to Zero Commitment – Net zero emissions.

race to zero

In order to contribute to the fulfillment of the Paris Agreement, which seeks to ensure that the increase in global temperature does not exceed 1.5 degrees Celsius by 2050, Procafecol S.A. joined the global Race to Zero campaign during the Global Citizen Festival in September 2022 in New York.
This festival brought together artists, world leaders, entrepreneurs and citizens in Accra (Ghana) and New York (USA) in favor of ending extreme poverty and combating climate change.

This campaign aims for participants to achieve 50% reductions by 2030 and a zero balance by 2050. The plan with short, medium and long term reduction goals must be submitted in the next 24 months, counting from September 2022, the month in which the Race to Zero commitment was made.

Therefore, by the year 2023, it is proposed to activate the Climate Change Committee to follow up on the implementation of the Emission Reduction Plan. This will have a space within the already existing Sustainability Committee. Finally, the creation of the Corporate Governance and Sustainability Committee within the Board of Directors (highest governance body), which seeks to give greater relevance and visibility to the actions of the organization in terms of sustainability, can be seen as an achievement.