Dear John,
Few sectors need to address their contributions to the climate crisis more than the food sector, which is responsible for about a third of global greenhouse gas emissions. Over the past few years, ambitious commitments from big name companies like Starbucks have grabbed headlines and boosted public confidence in the ability of the food sector to confront this problem at scale.
That’s why Ceres has announced Food Emissions 50, a new engagement with 50 of the highest-emitting food companies in North America. This new effort will accelerate progress towards a net zero global economy in the food and agriculture sector by disclosing emissions, setting targets, and implementing credible climate transition plans aligned with the Paris Agreement. |
Ceres Food Emissions 50
builds on Climate Action 100+, the Global Investor Engagement on Meat Sourcing, and other engagements by expanding the list of focus companies and deepening the engagements with the value chains and supply chains of those companies to address scope 3 emissions. |
The bottom line is that the food sector has a long way to go: our initial benchmark analysis of the focus list companies found that most are not measuring and disclosing supply chain emissions, never mind including them in their targets. 70% do not disclose emissions from agriculture, and over 80% do not disclose emissions from land use change. Over 60% do not disclose any scope 3 supply chain emissions. |
Ceres has issued an urgent call to action for companies to raise their ambition to disclose emissions, set targets, and implement climate transition action plans through the Food Emissions 50. The future of our planet depends on it. |
Thank you,
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Julie Nash, Ph.D.
Program Director,
Food and Forests
Ceres |
P.S. Stay tuned for more updates about how we’re engaging other sectors of the economy to reduce their climate impacts and help tackle the climate crisis. |
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