Kerry Group has committed to reducing its greenhouse gas emissions by 33% over the next ten years as part of a new sustainability strategy.

The taste and nutrition company's new plan also pledges the firm to reach a net zero carbon position by 2050.

Emission intensity of the supply chain will also be reduced by 30% by 2030 under the blueprint, while plastic packaging will be reusable, recyclable or compostable by 2025.

The plan also aims to halve Kerry's food waste by 2030 and to divert all waste from landfill, while it also pledges to having sustainable sourcing of all priority raw materials by the same date. 

The Beyond the Horizon strategy covers all aspects of the business, including nutrition and health, emissions, energy, circular economy, raw materials and social impact.

Ultimately, though,it commits to Kerry being in a position to provide sustainable nutrition products for over 2 billion people by 2030, up from the 1 billion currently.

The company says the targets will be achieved by enhancing and expanding its portfolio of sustainable products.

According to Kerry chief executive Edmond Scanlon, the food industry has long recognised the need to change to meet conflicting challenges like obesity, malnutrition and food waste.

"Supplying the right nutrition, in the right quantities, in the right way, is how we will collectively solve this challenge," he said.

He said research and market demand has found that consumers want food and beverages that are healthy, taste great but are also environmentally friendly.

"We want it all, and we are not prepared to compromise on anything," he said.

The company's entire portfolio will therefore be assessed against a range of nutritional criteria as part of the tracking of progress towards the targets.

Mr Scanlon said the company will also continue to grow the business through a mixture of organic growth and merger and acquisition activity, in an effort to enhance the nutritional side of the portfolio.

When it comes to reducing the company's carbon footprint, Kerry intends to prioritise areas with the biggest impact first.

Overseas travel is being looked at, but it is relatively small contributor compared to other aspects of the business.

Mr Scanlon said the new strategy would not involve calling out any particular part of Kerry's operations, including the agribusiness here, but all areas are going to have to play their part.

Kerry also announced a new brand identity today which it claims reflects its evolution.