Executive Briefings

Food Companies' Environmental Efforts Are Increasing Production and Profits

The food and agriculture industry depend on natural resources, along with predictable weather and climate patterns, to produce their products and turn a profit. And yet these two industries have historically been divided over climate change and often slow to embrace new technologies and practices that can help reduce their greenhouse gas emissions and environmental footprint.

That old mindset, however, seems to be changing. Over the past several months these industries have advanced a slew of sustainable agriculture initiatives to champion better water, soil and emissions management.

The latest example of this is formation and first meeting of the Monsanto-led Carbon-Neutral Collaborative, which is developing a framework for agricultural GHG accounting and will advise Monsanto on its commitment to become carbon neutral by 2021. Other members of the collaborative include representatives from Mid-West universities along with the Coalition on Ag Greenhouse Gases, National Corn Growers Association and The Soil Health Partnership.

Monsanto announced its goal of a carbon neutral operational footprint a year ago. The agribusiness giant — along with other industry leaders like General Mills, Kellogg and Mars — was one of more than 350 companies that signed a letter urging president-elect Donald Trump to uphold the Paris climate agreement and expressing support for U.S. low-carbon policies.

“While the problem of climate change is incredibly complex with many regional differences, the contributions over the past year — by some of the strongest leaders in agricultural and environmental science — are very promising,” said Brett Begemann, Monsanto’s president and COO, in a statement about the Carbon-Neutral Collaborative.

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That old mindset, however, seems to be changing. Over the past several months these industries have advanced a slew of sustainable agriculture initiatives to champion better water, soil and emissions management.

The latest example of this is formation and first meeting of the Monsanto-led Carbon-Neutral Collaborative, which is developing a framework for agricultural GHG accounting and will advise Monsanto on its commitment to become carbon neutral by 2021. Other members of the collaborative include representatives from Mid-West universities along with the Coalition on Ag Greenhouse Gases, National Corn Growers Association and The Soil Health Partnership.

Monsanto announced its goal of a carbon neutral operational footprint a year ago. The agribusiness giant — along with other industry leaders like General Mills, Kellogg and Mars — was one of more than 350 companies that signed a letter urging president-elect Donald Trump to uphold the Paris climate agreement and expressing support for U.S. low-carbon policies.

“While the problem of climate change is incredibly complex with many regional differences, the contributions over the past year — by some of the strongest leaders in agricultural and environmental science — are very promising,” said Brett Begemann, Monsanto’s president and COO, in a statement about the Carbon-Neutral Collaborative.

Read Full Article