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When experts at CDP, a nonprofit that tracks sustainability commitments, surveyed 479 food and ag companies , only 75 reported having emissions commitments in line with the Paris Agreement. Around half of companies that source soy told CDP that they can track their purchases to the country of origin and no further. Food & Agriculture.
Unilever, PepsiCo, General Mills, Nestlé, Danone and others are leading on climate with ambitious plans around regenerative agriculture, emissions reductions and carbon labeling. The most common solution is to answer the annual surveys from CDP, the nonprofit formerly known as the Carbon Disclosure Project. . Courtesy of.
The CDP rating of A- for our climate commitment demonstrates the strength of our efforts to do our part to help find a solution. We consider climate change to be a factor that intensifies existing risks, but also offers numerous opportunities at the same time.
In September, five of the leading reporting groups (CDP, CDSB, GRI, IIRC and SASB) issued a statement of intent to work together to create a comprehensive global corporate reporting system and a mere two months later, IIRC and SASB announced an intent to merge to become the Value Reporting Foundation. .
This year, the non-profit CDP, which runs the world’s environmental disclosure system, included new questions to assess firms’ approaches to biodiversity. Biodiversity awareness in the world of finance. The awareness about biodiversity risks remains very limited within the finance community. There are, however, positive signs.
Now, emerging at the helm, these same organizations are guiding and collaboratively working with others on best practices and knowledge sharing to steer companies on their sustainability journey to fulfill the promises made to decarbonize, improve watershed health, reduce plastic waste, and embrace regenerative agriculture.
ESG Investor’s weekly round-up of moves and appointments in the sustainable investing sector, including CDP, Loomis Sayles, UKSIF, Built by Nature, Arcadian AM, London Pensions Fund Authority and PLSA. I am extremely proud of what we have achieved at CDP over the past 21 years. this decade.
The same week that PepsiCo announced its new ambition, the company’s foundation extended the terms of its 14-year-long relationship with the Inter-American Development Bank — with initiatives including a fund meant to promote the inclusion of women in regenerative, sustainable agricultural models in Latin America.
We upskill our leaders by way of coach-specific training accredited by the International Coaching Federation and see this investment in coaching as a regenerative one.
July 11, 2023 /3BL/ - Griffith Foods is proud to announce its near-term science-based emissions reduction targets have been validated by the Science Based Targets initiative (SBTi), a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF)! ALSIP, Ill.,
Of the 29 surveyed companies, 15 reported on their water usage to non-profit CDP, which runs an environmental impact disclosure system for investors and companies. Planet Tracker interpreted this as a “fairly positive starting point”, saying it showed that management teams paid attention to the issue.
Danone and General Mills have partnered with their suppliers to restore soils and pollinator habitats through regenerative farming practices. For instance, this year’s CDP climate questionnaire featured a brand-new section on biodiversity. In fact, nature is already making its way into our reporting frameworks and standards bodies.
government – the world’s largest purchaser – proposed that all federal contractors must set science-based targets and disclose their environmental impact through CDP, following in Norway’s recent footsteps. In a huge step forward for net zero economies and supply chains, the U.S.
Natasha Santos, vice president and head of global stakeholder affairs and strategic partnerships at Bayer spoke of the 200 million hectares now covered by farmers in their supply chain using regenerative practices. Companies teaming up to send demand signals is also a growing trend. C-aligned science-based targets.
For food and beverage multinationals, action could look like Unilever’s work with soy farmers in Iowa, USA to incentivize regenerative farming practices. And firms across sectors can join 280 others – from Nike to Walmart – by supporting their suppliers to measure and manage their emissions as CDP Supply Chain members.
Nestlé, Cargill and the National Fish and Wildlife Foundation are working together to scale the adoption of regenerative farming practices in the meat sector. The project’s full roll-out would help customers across the country to choose food and drink options with lower emissions footprints.
Multinational drinks giant Beam Suntory, meanwhile, has launched a regenerative agricultural pilot in Mexico , which aims to halve emissions from its Casa Sauza tequila brand by 2026. The company will work with suppliers that focus on deforestation-free approaches and practices that protect ancient and endangered woodland.
Sourcing forest and food commodities produced using regenerative agriculture and sustainable forestry practices which deliver positive outcomes for climate, people, nature and biodiversity.? . REPORT AND COMMUNICATE TRANSPARENTLY .
Staying with agriculture, Suntory Beverage & Food Great Britain and Ireland is turning to regenerative agriculture to reduce its greenhouse gas emissions. They mark a significant milestone on the pathway to a nature positive and net zero economy, with targets for oceans and species abundance to follow.
Agroforestry – growing crops among trees – is used on less than 1% of US agricultural land but has greater carbon sequestration potential than regenerative annual cropping, which is currently the dominant form of regenerative agriculture.
The initiative helps farmers install solar panels, compost manure, and employ agroforestry and other regenerative farming practices, with the company paying the farmers $20 per ton for the carbon they sequester or reduce. Organic Valley is expanding its carbon insetting scheme to its full dairy supply chain in the US.
And this year’s Global Supply Chains Report from CDP has shown which companies took the necessary action on supply chain emissions in 2022. Of the more than 18,500 companies disclosing to CDP in 2022, roughly 7,000 said that they engaged their suppliers on climate change issues. million homes. million homes.
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Land & Nature VF Corp — the company behind brands including Timberland, The North Face and Vans — has seen growing successes for its regenerative cotton farming initiatives in Haiti. The company has committed to adopt regenerative agriculture across its entire potato supply chain by 2030. .
Frozen food giant, McCain is also driving regenerative agriculture through its Regenerative Agriculture Framework, focusing on improving soil health, water quality, water use optimization, biodiversity, and reducing synthetic inputs. The move aims to accelerate the shift towards a net-zero, nature-positive role for agri-commodities.
At every level of leadership – family, community, corporations, nations, and the world – a commitment to offer a net positive and regenerative magnification of every stakeholder’s inviolable and inalienable dignity recognizes us all as irreducibly social.
Ramon Laguarta, CEO, PepsiCo, and CGF Board Member, said, “Our PepsiCo Positive (pep+) transformation is working to accelerate our efforts to make the food system more sustainable, regenerative and inclusive.
Brazilian farming giant Amaggi is also launching a new phase of its regenerative agriculture program as part of its commitment to help slow climate change. The collaboration includes a reforestation project to plant and grow over 2.3
Through its 2023 disclosure campaign, Coalition partner CDP and the investors will target high emitting companies yet to disclose through CDP’s platform, which opened for this year’s disclosure submissions in April.
Meanwhile, ADM has announced the expansion of its regenerative agriculture program across North America. Department of Agriculture estimates that over 5 years the program could eliminate or sequester carbon emissions equivalent to 2.5 million gasoline-powered cars, though critics suggest accurately measuring reductions will be challenging.
At this stage, harmonisation is more important than perfection,” says Amir Sokolowski, Global Director of Climate Change at environmental disclosure platform CDP. . Climate capital . Ahead of COP27, some EMs are pushing for a fairer price on the forest carbon credits they sell.
They turn to Fragos’ team for tasks such as assembling metrics for CDP disclosures, developing science-based targets, penning sustainability reports or helping a board tie emissions reductions to C-suite performance incentives. Now, WeBloom is cultivating a group of Namibian "bloomers" in the circular economy and regenerative agriculture.
Also earlier this week, the World Business Council for Sustainable Development (WBCSD) and 12 partners announced Regen10 , an ambitious collective action plan to scale regenerative food production systems, worldwide, in a decade. Mastercard has received an “A” rating for Supplier Engagement since 2018 from CDP, and joined the 1.5°C
And like many agricultural companies, Cargill is investing in regenerative agriculture, with the goal of advancing practices such as planting cover crops or rotational grazing on 10 million acres. . "I
Research released for World Water Day by environmental disclosure platform CDP found that only half of large firms globally are engaging with suppliers on water risks in their supply chain, despite predicted losses of up to US$77 billion by mid-century if these are not addressed.
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