Dear John,
The global food system is responsible for approximately 1/3 of global emissions and according to a recent IPCC report, global temperature rise will negatively affect the global economy, food security and the health of people and the planet.
Yet, despite these inherent risks, few companies in the U.S. food sector have disclosed their plans to transition to net zero emissions and combat the growing climate crisis. And even fewer have made concrete steps to achieve emissions reductions. That’s according to our new report, “The Investor Guide to Climate Transition Plans in the U.S. Food Sector,”
released today. This first of its kind guidance builds on Ceres’ Food Emissions 50 initiative by providing the most comprehensive guidance to help food companies move beyond goal-setting and focus on creating and implementing specific climate transition plans that outline pathways to reducing GHG emissions. The report was developed with input from investor signatories of Ceres Food Emissions 50 initiative, food companies, and an expert advisory committee.
This report is part of the Ceres’ Ambition 2030 initiative, a broader effort to decarbonize 6 of the highest-emitting sectors in the U.S., including the food sector, by the end of the decade.
Also included in the report are in-depth analyses of key food sector sub-industries such as packaged foods and meats, food distribution, food retail and hypermarkets/supercenters and restaurants. |
| Be sure to join us on June 8th at 11am ET for a webinar discussion on what implementation of the reports’ recommendations can look like in practice. We’ll highlight publicly available disclosures on efforts to reduce value chain GHG emissions from companies tracked by Ceres’ Food Emissions 50 initiative such as Bunge, Chipotle, General Mills, Hershey, Starbucks, and Tyson Foods. |
We hope to see you there!
Thank you,
 |
|
Julie Nash, Ph.D.
Program Director,
Food and Forests
Ceres | |
