WWF Report: How Food Companies Are Incentivizing Reduction of Supply Chain Greenhouse Gas Emissions

Many food companies have begun looking to their supply chains for help in reaching their own emissions targets, offering incentives to their suppliers and, in particular, the farms with which they do business. A new study by the Markets Institute at World Wildlife Fund provides a landscape analysis of the types of incentive programs implemented by more than 20 companies across the industry. With more than 70% percent of food-related GHG emissions stemming from agricultural practices, companies that have set ambitious climate targets are increasingly proposing programs designed to shift…

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BACARDÍ® Rum Cuts Greenhouse Gas Emissions By 50%

Bacardi, the largest privately held spirits company in the world, has announced that its iconic premium rum brand will cut its greenhouse gas (GHG) emissions in half from 2023. BACARDÍ rum’s GHG emissions will be reduced by 50% when a Combined Heat & Power (CHP) system goes live next year at the brand’s distillery in Puerto Rico. The new CHP system will replace heavy fuel oil with propane gas, a much cleaner and more efficient energy solution. As a brand and as a company, we are committed to doing the…

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WRAP’s food and drink industry agreement to halve greenhouse gas emissions by 2030

With only a few months until COP26, the UK has taken a bold step forward in reducing the impact food has on the natural world with a number of ambitious changes to its ground-breaking Courtauld Commitment voluntary agreement. The Commitment is already helping the UK food and drink sector to deliver against the UN’s Sustainable Development Goal (SDG) 12.3 to halve food waste. It will now also be central in achieving and monitoring progress towards Net Zero ambitions and convening action on water stewardship in at-risk food sourcing locations. Foremost…

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