Lidl invests £1.5bn in British beef production
Lidl is beefing up its sustainability commitments with the launch of £1.5bn investment into British beef production over the next 5 years.
The discounter is aiming to set a new standard in sustainable beef production through the cash injection, as it partners with British beef suppliers in a bid to keep sourcing 100% British beef.
To achieve this, the supermarket has also launched a Sustainable Beef Group to support farmers transitioning to sustainable practices.
Suppliers will be awarded by achievement in categories including a cutting in carbon intensity, and adopting regenerative farming techniques to improve grazing management, biodiversity, and soil and water quality parameters that are unique to each farm.
The new joint investment and initiative comes amid Lidl launching in February 2024 a vacuum-packed mince solution across its range, in partnership with leading beef supplier Dunbia, reducing plastic usage by 300 tonnes annually.
The new collaboration is expected to aid both businesses in their goal to cut their scope 3 emissions intensity by 28% per tonne of finished product, by 2030, and supporting Lidl’s wider scope 3 science-aligned climate targets.
The new scheme also follows in the wake of Lidl’s exclusive Welsh and Grass Fed beef producer groups, which sees the grocery retailer pay a premium for producers to join the group.
Grocery Gazette
Related news
Unilever and Tesco: There is no future without sustainability
Unilever CEO Hein Schumacher has said it is time for…
Read more >Private label products: quality and affordable price in balance
When choosing a store, nearly 60% of customers’ decisions are…
Read more >This year’s winner of the Blue Planet Climate Foundation’s .wave program has been announced
The winner of this year’s .wave program of the Blue…
Read more >Related news
Open Marketing Forum on Hungarian Product Trademark Use – registration is now open!
On February 20, 2025, the Hungarian Product Marketing Forum will…
Read more >Márton Nagy: the turning point is here, the Hungarian economy will shift to a higher growth path in 2025
According to the Central Statistical Office, the economy grew by…
Read more >Egg prices continue to rise: the elimination of cage farming makes the market more expensive
Egg prices in Hungary crossed the psychological threshold of one…
Read more >