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Grupo Bimbo reaffirms pledge to fight climate change

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Gill Hyslop

By Gill Hyslop+

08-Jun-2017
Last updated on 08-Jun-2017 at 13:59 GMT2017-06-08T13:59:53Z

Grupo Bimbo has pledged to reduce its impact on the environment by reducing its carbon and water footprints, implementing a waste management plan and refining its value chain. Pic: Grupo Bimbo
Grupo Bimbo has pledged to reduce its impact on the environment by reducing its carbon and water footprints, implementing a waste management plan and refining its value chain. Pic: Grupo Bimbo

As the US bows out of Paris Agreement, Mexican multinational Grupo Bimbo S.A.B. de C.V. reiterates its commitment to lessen its impact on the environment.

The bakery giant said it has ratified a number of initiatives to actively reduce both its carbon and water footprints, and has implemented a comprehensive waste management plan, including its value chain.

Global push to action

The Paris Pledge of Action to Combat Climate Change is a global action plan to put the world on track to avoid dangerous climate change by limiting global warming to below 2°C (32F).

In 2015, the accord was adopted by 196 United Nations Framework Convention on Climate Change (UNFCCC) members.

Daniel Servitjie, president and CEO of Grupo Bimbo, also expressed his own support for the Paris Agreement.

Servitjie, described as a true global leader , has been running thebakery conglomerate since 1997. His direction has propelled the $14bn company founded in 1945 by his father, Don Lorenzo Servitjie Sendra , to become a global player in the food industry with a presence in over 22 countries.

In a statement, Servitjie said today, more than ever, all of society must take on this commitment and join forces.

Climate’s change – at a cost

The decision flies in the face of Donald Trump’s decision to withdraw the US from the Paris Agreement.

According to the president, the climate accord has purportedly cost his country nearly $3 trillion in reduced output, over six million industrial jobs and more than three million manufacturing jobs.

The June 1 announcement was greeted with both condemnation and support.

Stop deforestation

At the Paris Agreement Grupo Bimbo also signed the UN Declaration on Forests in 2014 aimed to halve deforestation by 2020 and eliminate it entirely by 2030.

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