PR92825

MEXICO CITY, Nov. 4, 2021 /PRNewswire=KYODO JBN/ --

-- The new Net Zero Carbon commitment was developed following the Science Based

Targets initiative's framework.

-- There are three intermediate global goals defined on the path towards Net

Zero Carbon: eliminating Scope 2 by 2025, reducing 50% of Scope 1 and 28% of

Scope 3 by 2030.

-- The commitment to Net Zero Carbon is the first of a series of ambitious

goals Grupo Bimbo has defined in its new sustainability platform.

Grupo Bimbo, the world's largest baking company, and leader on sustainability,

announced today its commitment to achieve Net Zero Carbon emissions by 2050.

This commitment considers emissions for its entire value chain, covering all

Scopes across all activities. By doing this, Grupo Bimbo has become the first

Mexican food company to commit to Business Ambition for 1.5C and join the

United Nation's Race to Zero Campaign with targets established and validated by

Science Based Targets.

Logo - https://mma.prnewswire.com/media/1678128/Grupo_Bimbo.jpg

The roadmap towards this commitment has been carefully defined. Building on

initiatives that have directed Grupo Bimbo towards cleaner energy for years

now, it includes transitioning to 100% renewable energy, moving to lower carbon

logistics and vehicles, implementing energy efficiency strategies, and

supporting suppliers and partners in reducing their emissions through

technological innovation. Grupo Bimbo will also include neutralization actions

as through reforestation and carbon sequestration measures aligned with its

regenerative agriculture initiative.

Daniel Servitje, Grupo Bimbo's Chairman and CEO commented: "I am proud that

Grupo Bimbo can continue contributing to the United Nation's Sustainable

Development Goals and is actively looking for ways to limit the damaging

effects of global warming. Our new sustainability platform has been defined

with long term ambitious goals which are intimately linked to our purpose, to

nourish a better world. Grupo Bimbo is a company with a long track record on

social and environmental initiatives, as we launch our new platform, we are

taking the necessary steps towards fully integrating sustainability with our

overall business strategy and publicly committing to continue positively

impacting the future."

For more information visit: https://bit.ly/ENnetzeroExtNotPreWS

About Grupo Bimbo

Grupo Bimbo is the leader and largest baking Company in the world and a

relevant participant in snacks. For more information on Grupo Bimbo, please

visit www.grupobimbo.com.

SOURCE: Grupo Bimbo

CONTACT: Karina Fogel, karina.fogel@grupobimbo.com; Adriana Villalobos,

adriana.villalobos@grupobimbo.com