Tag: FAIRR

Seafood Giants Double Traceability Commitments, but the Majority Lack Implementation Plans

Stuart Mitchell

The US$90 trillion-backed FAIRR investor network is today publishing a report highlighting a notable gap between global seafood companies’ traceability commitments and their current implementation strategies. The findings point to a potentially sizeable financial opportunity that companies risk missing, as Planet Tracker estimates that investing just 1% of seafood sales into traceability could lift industry profitability by 60%, worth US$600 billion. The report, Traceability in Seafood Supply Chains: An Imperative for Investors, presents results from Phase 2 of an investor engagement with seven global seafood majors*, supported by 45 investors…

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Meat and Dairy Giants Failing to Reduce Emissions, With Increase of Over 3% Ahead of COP28

Stuart Mitchell

3.28% rise in year-on-year emissions disclosed by 20 of the largest listed meat and dairy producers – including suppliers to household names such as McDonald’s and Walmart. Investors praise improving levels of disclosure however, with 40% of the 20 largest meat and dairy firms now disclosing ‘Scope 3’ emissions. Full findings from the Coller FAIRR Protein Producer Index are available here. “The failure of leading meat and dairy companies to reduce emissions underlines the urgent need for more policy focus on the food and agriculture sector”, says Jeremy Coller, Chair…

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Food Sector Making “More Promises Than Progress” On Regenerative Agriculture

Stuart Mitchell

A ground-breaking study of 79 global agri-food firms has found that 50 (63%) publicly refer to the potential of regenerative agriculture as a solution to the climate and biodiversity crises. However, of these 50 companies, 64% (32/50) including Chipotle, Domino’s and Bunge have not put in place any formal quantitative company-wide targets to achieve those ambitions. Only 4 of these 50 (8%) companies have set financial targets to support farmers in their supply chain to incentivise the uptake of regenerative agriculture, Nestlé, PepsiCo, and JBS. Sodexo’s Good Eating Company will…

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