Modern Dairy Carbon Emission Target
Modern Dairy launched the dual-carbon plan and set a quantitative target for carbon intensity emissions by 2035. Modern Dairy listed the ultra-large-scale farms and super-large-scale farms with low carbon emission intensity as the “carbon emission” model and star. “Energy saving and emission reduction” is incorporated into the strategic planning, aiming to provide a strong basis for the coordinated development of low-carbon and quality improvement and efficiency enhancement, and boost the confidence of the industry’s sustainable development.
The Company has set greenhouse gas (GHG) emission reduction targets and energy conservation and consumption reduction targets, and monitors the progress of these targets regularly.
Carbon emission per kilogram of FPCM in 2021 (base year): 0.9 Kg CO2e/Kg FPCM
- Taking 2021 as the base year, by the end of 2025, the Group’s carbon emission per kilogram of FPCM will be reduced by 7%, 0.85 Kg CO2e/Kg FPCM;
- Taking 2021 as the base year, by the end of 2030, the Group’s carbon emission per kilogram of FPCM will be reduced by 15%, 0.77 Kg CO2e/Kg FPCM;
- Taking 2021 as the base year, by the end of 2035, the Group’s carbon emission per kilogram of FPCM will be reduced by 20%, 0.73 Kg CO2e/Kg FPCM.
Among them, by the end of 2025,
- Achieve a 3% reduction in carbon emissions per kilogram of FPCM by enhancing digestion rates to intestinal fermentation and manure management;
- Achieve a 1% reduction in carbon emissions per kilogram of FPCM by optimizing the cattle herd structure, reducing calving intervals, and increasing the proportion of milkable cows;
- Achieve a 1.5% reduction in carbon emissions per kilogram of FPCM by upgrading energy facilities, implementing energy-saving measures, enhancing energy utilization efficiency, optimizing energy structure, and increasing the proportion of green energy sources;
- Achieve a 1.5% reduction in carbon emissions per kilogram of FPCM by optimizing manure management practices.
Methane emission per kilogram of FPCM in 2021 (base year): 0.67 Kg CO2e/Kg FPCM
- Taking 2021 as the base year, by the end of 2025, the Group’s methane emission per kilogram of FPCM will be reduced by 5.8%.
Among them, by the end of 2025,
- Achieve a 3% reduction in methane emissions per kilogram of FPCM by enhancing digestion rates, resulting in a 2.6% decrease in enteric fermentation methane emissions and a 5.2% decrease in manure management methane emissions;
- Achieve a 1% reduction in methane emissions per kilogram of FPCM by optimizing the cattle herd structure, reducing calving intervals, and increasing the proportion of milkable cows;
- Achieve a 1.8% reduction in methane emissions per kilogram of FPCM by optimizing manure management practices, reducing methane emissions from manure management by 7.9%.
Target Progress:
- 2022, the Company’s carbon emissions per unit of corrected milk (0.90 Kg CO2e/Kg FPCM) decreased by 1.1% compared to 2021
- 2023, the Company’s carbon emissions per unit of corrected milk (0.89 Kg CO2e/Kg FPCM) decreased by 2.2% compared to 2021
GHG Emissions KPIs:
| Year | Livestock Business Scope 1 and 2 Emissions (000 tCO2e) | Feed Production Business Scope 1 and 2 Emissions (tCO2e) |
|---|---|---|
| 2021 | 1,331.70 | 1,002.161 |
| 2022 | 2,057.60 | 7,237.47 |
| 2023 | 2,301.96 | 7,353.49 |
Note1: In 2021, the Scope 1 and 2 emissions for Modern Dairy’s feed production business only include emission data from the Shanghe farm feed factory. Emission data for the other four pressing plants are included in the emission data of their respective farms.