Astarta, the EBRD and EY have developed a climate corporate governance system for the company. This comprehensive action plan includes improving greenhouse gas emissions calculation for Scope 1-3, analysing climate scenarios, identifying physical and transitional climate risks, and developing a decarbonisation strategy.
On November 7th, Astarta's Board of Directors adopted the decarbonisation strategy.
The practical component of the strategy includes scaling up regenerative farming practices, improving energy efficiency, and using alternative energy sources.
The measures planned to be implemented by 2030 will reduce the company's greenhouse gas emissions by 44% compared to 2022. They will also help improve soil health and moisture conservation, reduce fertiliser use, increase yields, and reduce energy consumption in production.
"Astarta is a socially responsible business, and therefore, our team's efforts are aimed at expanding sustainable development practices, as well as studying and implementing short-term and long-term climate change adaptation and mitigation tools," said Yulia Bereshchenko, the Director of Sustainable Business Development and Investor Relations at Astarta.
Astarta Holding NV published this content on 10 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2023 21:31:09 UTC.
Astarta Holding PLC is a Cyprus-based agriculture company, that specializes in sugar production, grain and oilseeds growing, soybean processing and cattle farming. The farmlands, sugar plants and cattle operations are mainly located in Ukraine. The Company's activities are divided into four main segments: Sugar Production, Agriculture, Soybean Processing, and Cattle Farming. Its Sugar Production segment is engaged in the production and wholesale of white and raw sugar and its by-products. The Agriculture segment is responsible for the cultivation and sale of crops, such as corn, wheat, sunseeds, rapeseeds, and others. The Soybean Processing segment is engaged in soybean and soybean meal and oil production and sale. The Cattle Farming Segment is engaged in dairy cattle raising and milk production and sale. Other Group operations mainly comprise the production and sales of fodder and gas.
ASTARTA HOLDING PLC 
