Agroholding "Astarta" plans to reduce greenhouse gas emissions by 44% by 2030

Agroholding "Astarta" plans to reduce greenhouse gas emissions by 44% by 2030
Katerina Belousova

The company plans to increase the energy efficiency of production and use of alternative energy

The board of directors of Astarta agricultural holding approved the decarbonization strategy to reduce greenhouse gas emissions by 44% by 2030 from the 2022 level.

This will contribute to improving the health and conservation of soil moisture, reducing the use of fertilizers, increasing yields and reducing energy consumption in production , reports Astarta-Kyiv on Facebook.

The press service said that the strategy was developed by the company's specialists together with experts from The European Bank for Reconstruction and Development, as well as the consulting company Ernst&Young Global Limited

It is noted that the plan provides for:

  • improving the calculation of greenhouse gas emissions for Scope 1-3 ( Scope 1 – direct emissions of greenhouse gases; Scope 2 – indirect emissions associated with the purchase of electricity; Scope 3 – emissions that the company does not control, but indirectly affects in its value chain);
  • analysis of climate scenarios;
  • determination of physical and transitional climatic risks;
  • development of a decarbonization strategy.

The message emphasized that the practical component of the strategy involves:

  • scaling up regenerative agriculture practices;
  • increasing the energy efficiency of production;
  • use of alternative energy sources.

"Astarta is a socially responsible business, and therefore the efforts of our team are aimed at expanding sustainable development practices, as well as studying and implementing short-term and long-term tools for adapting to climate change and mitigating its consequences," said the director of sustainable business development and communications relations with investors of "Astarta" Yulia Bereshchenko.

Earlier, EcoPolitic wrote, that thanks to energy-efficient measures and the transition to alternative fuels, a Ukrainian company specializing in greenhouse cultivation of vegetables was able to almost completely abandon natural gas.

As EcoPolitic previously reported, the founder of vertical farms in Dnipro Green Future Viktor Shuleshko said that thanks to his own invention of agricultural lighting, his farm became the most energy efficient in the world – 30% more efficient than other industry leaders.

Related
The review of the EU ETS has sparked political debate in the Council of the EU
The review of the EU ETS has sparked political debate in the Council of the EU

There are plans to adapt the emissions trading scheme to the EU’s climate target

In the Finnish capital, outdoor advertising for anything related to fossil fuels has been banned
In the Finnish capital, outdoor advertising for anything related to fossil fuels has been banned

Calling for a reduction in emissions whilst offering products and services that are harmful to the environment is considered hypocritical

The government must reach an agreement with the EU on postponing the CBAM for Ukraine — FRU
The government must reach an agreement with the EU on postponing the CBAM for Ukraine — FRU

This greenhouse gas emissions levy is causing significant losses in the steel and cement industries

The Decarbonisation Fund will spend over 187 million UAH on modules for gas meters
The Decarbonisation Fund will spend over 187 million UAH on modules for gas meters

The devices will be handed over to the regional branches of ‘Gas Distribution Networks’