Greenhouse Gas Reduction Target

1. Introduction

Interco Trading, Inc. is committed to reducing its greenhouse gas (GHG) emissions to contribute to a more sustainable future. This document outlines our targets and strategies for reducing emissions across our operations and supply chain.

2. GHG Reduction Goals

To align with global climate initiatives and industry best practices, Interco Trading, Inc. has set the following targets:

  • Short-Term Goal (2025): Reduce Scope 1 and Scope 2 GHG emissions by 15% from the 2023 baseline.
  • Medium-Term Goal (2030): Achieve a 40% reduction in total operational emissions, including Scope 3 where feasible.
  • Long-Term Goal (2050): Reach net-zero emissions across all business activities.

3. Strategies for Emission Reduction

To achieve these targets, we will implement the following strategies:

  • Energy Efficiency Improvements: Upgrade facility equipment and invest in energy-efficient lighting, HVAC systems, and automation to reduce energy consumption.
  • Renewable Energy Transition: Increase the use of renewable energy sources, such as solar and wind power, in our operations.
  • Sustainable Supply Chain Practices: Collaborate with suppliers to encourage lower-carbon production processes and logistics solutions.
  • Waste Reduction and Recycling: Implement waste reduction strategies to minimize emissions associated with waste disposal and landfill contributions.
  • Fleet and Transportation Optimization: Transition company vehicles to electric or hybrid models and optimize logistics to reduce fuel consumption.
  • Acquire Energy Credits: Acquire energy credits to offset the company’s existing GHG emissions.

4. Monitoring and Reporting

Interco Trading, Inc. will track progress on GHG reductions through annual assessments and reporting. We will:

 

  • Measure and publicly report emissions data using internationally recognized standards.
  • Conduct third-party audits to ensure transparency and accuracy.
  • Adjust our strategies and targets based on technological advancements and regulatory requirements.

5. Employee and Stakeholder Engagement

We recognize that achieving these targets requires collaboration across all levels of our business. We will:

  • Train employees on best practices for reducing emissions in their work activities.
  • Engage with stakeholders, including customers and suppliers, to drive collective action on climate initiatives.
  • Partner with environmental organizations to further sustainability efforts.

6. Conclusion

Interco Trading, Inc. is dedicated to reducing its environmental footprint and contributing to global climate goals. By implementing these GHG reduction targets and strategies, we aim to ensure a more sustainable future for our business, stakeholders, and the planet.