Post by account_disabled on Feb 20, 2024 0:24:20 GMT -6
An analysis of 60 of the world's largest meat, fish and dairy suppliers has revealed that most of them have not set meaningful targets to reduce emissions, which is why companies that buy from them risk failing to meet their targets. climate goals. According to information from edie , the research was carried out by the FAIRR investor network , whose members collectively manage more than $25 trillion of assets and whose purpose is to help the food sector align with climate science. The environmental commitments and performance of 60 of the world's largest suppliers in this sector were analysed, many of which have contracts with high-end brands that have strong climate targets, such as Tesco, McDonald's UK and Nestlé. Of these suppliers, 86% have not set or made public emissions targets that are in line with the Paris Agreement and only a quarter have measured their emissions across the board. Additionally, a third believe their emissions will increase on an annual basis in 2020, despite the impact of COVID-19. Although many have pledged to have the targets approved by the Science-Based Targets Initiative (SBTi) in the coming months, FAIRR believes progress has been, across the sector, slower than in industries such as automotive and the mining And the performance of suppliers on environmental issues? The FAIRR also evaluated suppliers' performance on a broader range of environmental issues, leading to similarly concerning conclusions.
More than nine out of ten companies do not analyze the parameters or objectives of managing wastewater or other possible contaminants and almost three quarters (72%) are classified as high risk of deforestation. The greatest risk of deforestation for the sector comes from soybeans used to make animal feed. Overall, suppliers also failed to reduce antibiotic-related risks (70% are classified Europe Cell Phone Number List as high risk), advocate for animal welfare (68% are classified as high risk), or ensure good working conditions for animals. the employees. Less than a third of the companies analyzed report that they have worker representatives on their health and safety committees. Overall, the three worst-performing suppliers were Venky's, based in India, and Fujan Sunner Development and Fortune Ng Fung Food Hebei, both based in China. The only suppliers rated as low risk overall are Mowi, Maple Leaf Foods and Bakkafrost. The COVID-19 pandemic pushed an already under-pressure meat and dairy industry to a tipping point, with many investors losing appetite for the sector unless sustainability standards are raised. Factory farms are undermining both the climate ambitions of market brands and the viability of the Paris Agreement. Jeremy Coller, founder of FAIRR.
Plant-based diets In July, FAIRR published research on how food and beverage brands and investors are approaching the transition to plant-based diets. FAIRR called 2020 a “watershed year” for alternative plant-based proteins as concerns about climate change, animal welfare and nutrition intersected with the trend toward home cooking during lockdown. The organization revealed that four out of ten food giants now have teams dedicated to plant-based products, including: Nestlé and Unilever, from the consumer goods sector Coles, Kroger, Sainsbury's, Marks and Spencer. Tesco, from the supermarket sector. FAIRR's latest analysis summarizes how this trend has impacted providers. It shows a 46% increase in the number of companies complying with best practices for alternative proteins. Canada-based Maple Leaf is the best in this category. It aims to secure $3 billion in plant protein sales by . Taipei Public Library, Beitou Branch, Taiwan This is an environmentally friendly building and is considered the first building in Taiwan to have the highest rating in the EEWH (ecology, energy saving, waste reduction and health) green building certification system. The public library uses large windows to help save on electricity consumption. Almost all windows open wide to minimize the use of fans and air conditioning units. Photo via: whenonearth.net A portion of its roof is also covered by photovoltaic cells that directly convert sunlight into electricity. Lastly, the library captures rain to conserve water and the roof was designed to collect rainwater and store it for use in the bathrooms. Since 2007, more than half of the world's population has been living in cities, and this number is expected to increase to 60% by 2030. The United Nations (UN) warns that between now and 2030, inclusive and sustainable urbanization must be increased , as well as the capacity for participatory, integrated and sustainable planning and management of human settlements in all countries.