Food Industry's Already Massive Climate Footprint Grows in 2023
  • 6 months ago
Food Industry's Already , Massive Climate Footprint , Grows in 2023.
'Time' reports that the world's top meat
and dairy producers continued to increase
their greenhouse gas emissions in 2023. .
According to a report by FAIRR Initiative, disclosed
emissions from the 20 largest publicly-listed meat and
dairy companies increased 3.3% compared to 2022.
Those top 20 companies include Hormel Foods Corp.
and China's New Hope Liuhe Co., which supply meat
for massive brands like Walmart and McDonald's. .
Those top 20 companies include Hormel Foods Corp.
and China's New Hope Liuhe Co., which supply meat
for massive brands like Walmart and McDonald's. .
Those top 20 companies include Hormel Foods Corp.
and China's New Hope Liuhe Co., which supply meat
for massive brands like Walmart and McDonald's. .
The world's food industry has an immense
climate footprint that accounts for almost
a third of global greenhouse gases. .
The world's food industry has an immense
climate footprint that accounts for almost
a third of global greenhouse gases. .
Livestock accounts for about
14.5% of worldwide emissions. .
While the FAIRR report highlights some companies
that have managed to reduce their emissions,
like Tyson Foods Inc. and Danone SA, it found
varying levels of climate commitments. .
While the FAIRR report highlights some companies
that have managed to reduce their emissions,
like Tyson Foods Inc. and Danone SA, it found
varying levels of climate commitments. .
According to the report, nearly two-thirds of companies
didn't disclose Scope 3 emissions, which include indirect
emissions produced along company value chains.
We need to get these
companies up to the same
standard, irrespective of
where they’re sitting, Oshni Arachchi, head of active
ownership at Danske Bank A/S, via 'Time'.
The report also found that
only four out of those top
20 companies have net-zero goals. .
We’ve long known that
humanity can’t fix climate
change without fixing
the way we feed the world, Jeremy Coller, private equity investor
and founder of FAIRR, via 'Time'
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