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4 Corporate Value Chain Decarbonization
Pages 31-38

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From page 31...
... Speakers highlighted the unique roles that farmers, suppliers, distributors, and retailers play in decarbonizing the value chain, as well as the need for industrywide commitment to decarbonization and careful estimation of the environmental impacts of international supply chains. Sara Law (CDP North America, moderator)
From page 32...
... Despite the importance of scope three emissions in the food sector, 56 percent of food and beverage companies have not set scope three emissions reduction targets. Law stated that companies that rely on agricultural commodity supply chains have amplified exposure to raw material risks.
From page 33...
... Cargill partners with NGOs, customers, and governments to help producers manage the risk that they take on during the first years of implementing these soil health practices. RESTORING THE SOIL THROUGH FARMER PARTNERS Christina Owens, Danone North America Christina Owens described her company, Danone North America, which produces Dannon yogurt, Activia yogurt, Horizon organic milk, Evian water, and other consumer food products.
From page 34...
... Owens suggested some options for how to help growers finance their conversion to regenerative agricultural practices, including public private partnerships and incentivizing impact investors to help farms raise capital. Owens introduced Danone North America's innovative model for inducing positive practices among growers while sharing the attendant risks.
From page 35...
... FIGURE 4.1  Danone North America's soil health initiative statistics. SOURCE: Christina Owens, Danone North America, presentation to the workshop.
From page 36...
... McKeon stressed that another internal factor is ensuring longevity and stability of their commodity supply chain, which may be disrupted by climate change. She added that consumer pressure takes time to trickle up the supply chain, so consumer facing companies like Danone North America and Mars will likely start the effort to decarbonize earlier than Cargill.
From page 37...
... FIGURE 4.2  Climate footprint breakdown and emissions projections for Mars Incorporated. SOURCE: Ashley Allen, Mars Incorporated, presentation to the workshop.
From page 38...
... McKeon highlighted the need to build public acceptance of the potentially higher costs of food products resulting from decarbonization of the value chain. Owens suggested the need for increasing corporate responsibility to reduce emissions across the entire value chain, so that each company is not continuously pushing off the costs to other members.


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