Oatly Publishes Updated Sustainability Plan, Becomes First Food Brand to Qualify as Climate Solutions Company

Oatly has released an updated sustainability plan, making it the first food brand to qualify as a Climate Solutions Company. The plan includes goals to reduce emissions and contribute to societal net zero, as well as commitments to protecting nature, promoting nutritious diets, and empowering individuals to futureproof the food system. Additionally, Oatly has become the first company to trial a new model called "Spheres of Influence" in partnership with Futerra and Oxford Net Zero, to set targets, measure, and report impacts beyond its direct value chain.

The company's sustainability plan includes targets to reduce greenhouse gas emissions by 89% by 2050, achieve a 40% reduction by 2030, and become profitable by 2026. Oatly CEO, Jean-Christophe Flatin, emphasizes the importance of transforming the broken food system and working with experts to pioneer solutions in climate, nature, people, and nutrition. Oatly's commitment to sustainability and transparency sets it apart as a leader in the industry.