How can food companies deliver the emissions reductions necessary to meet their commitments by 2030 and reduce climate risk for the sector?
To answer this question, Ceres released a new report this week, Cultivating Innovation: Practical Solutions for Companies to Reduce Agricultural Emissions.
This new report outlines emerging agricultural technologies that food companies are leveraging to significantly reduce greenhouse gas emissions—from feed additives that reduce methane from cattle to perennial rice that grows back each year. It highlights several strategies that companies can implement as part of their climate transition plans to advance agricultural innovation.
This new report follows Ceres recent benchmark of companies in its Food Emissions 50 initiative, an investor-led initiative to accelerate progress towards a 1.5°C future in the food sector. While only 9 of the 27 benchmarked Food Emissions 50 companies reported investing in climate-related research and development in their climate transition plans, Ceres’ new report helps companies understand the solutions available to accelerate innovation both within their supply chain and sector wide.
The food sector is responsible for up to 35% of human-produced emissions. With existing technologies falling short of delivering the necessary emissions reductions—especially for sources of methane emissions—innovation is critical for the food sector’s climate transition.
Food companies have a key role to play in advancing emerging solutions.
Thank you,
Meryl Richards, Ph.D.
Program Director,
Food and Forests
Ceres