Princes has announced a major commitment to reduce its absolute Scope 1, 2, and 3 energy and industry greenhouse gas (GHG) emissions by 50.4% by 2032, using 2022 as its baseline.
This target is a pivotal component of the company’s broader objective to achieve net zero GHG emissions across its value chain by 2050, a goal now validated by the Science Based Targets initiative (SBTi).
Princes commitment to cutting emissions illustrates a significant step forward in its environmental, social, and governance (ESG) strategy, showcasing the company’s proactive stance in addressing climate change. Princes also aims to transition to 100% renewable energy by 2030.
This newly announced target is complemented by Princes’ pledge to lower emissions from Forestry, Land, and Agriculture (FLAG) activities by 36.4% by 2032, and its long-term vision includes a 90% reduction in absolute Scope 1, 2, and 3 energy and industry GHG emissions by 2050, as well as a 72% reduction in FLAG emissions.
As part of its commitment to sustainability, Princes also aims to prevent deforestation across its primary commodity supply chains by December 31, 2025.
“With these ambitious targets, we are taking decisive action to combat climate change and ensure a sustainable future,” said David McDiarmid, Corporate Relations Director at Princes.
“Environmental, social and corporate governance (ESG) is fundamental to our business, never seen as a project or undertaken for the sake of compliance, but because we know it’s the right thing to do.”
Princes has successfully delivered a wide range of sustainability initiatives in recent years. The business has committed to 100% Marine Stewardship Council certified tuna by the end of 2025 and recognises the MSC as the authority on sustainable tuna. An extensive programme of engagement with a range of organisations and others in the global seafood industry seeks to improve sustainability and to help protect ocean ecosystems.
Princes also has a leading position within the UK for a business of its size when it comes to recycled content and recyclability of packaging. In addition, all food and drink the business cannot sell is donated to FareShare with whom it holds ‘leading partner’ status.
The company’s GHG emission efforts are in alignment with the global goal to restrict temperature rise to 1.5°C, as championed by the 2015 Paris Agreement.
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About Princes
With a global supply network, a portfolio of household favourite brands and a leading position in the manufacture of customer own label products, Princes Limited (‘Princes’) is one of the UK’s largest food and drink groups.
Established as a seafood importing business in 1880, Princes specialises in sourcing and manufacturing quality products, with a mission of “Proudly producing authentic and affordable, high quality store cupboard essentials from across the world”. As a leading international grocery supplier, millions of consumers across the UK, Europe and across the world enjoy Princes brands and products every day.
Headquartered in its original home city of Liverpool, Princes operates ten manufacturing sites in and around the UK, producing food, edible oils and soft drinks. The company also operates international facilities for processing tomatoes and pasta (Italy), tuna (Mauritius) and oils (Poland), with commercial sites across the globe.
Princes manufactures hundreds of different food and drink products under private label and the Group’s owned brands. These include the iconic Princes brand, Napolina, the UK’s number one Italian cooking brand, and British soup producer, Crosse & Blackwell, among others.
The Group also manufactures and distributes branded products under licence, such as Branston Baked Beans, Olivio oil and Swizzles squash. Princes sources quality ingredients from over 40 countries, works with 600 raw material suppliers and employs around 7,000 people worldwide.
In 2025 Princes took over the management and operation of Symington’s Limited UK following the acquisition of Princes by Newlat Food S.p.A (Italy)
