Food Industry's Already , Massive Climate Footprint , Grows in 2023.<br />'Time' reports that the world's top meat <br />and dairy producers continued to increase <br />their greenhouse gas emissions in 2023. .<br />According to a report by FAIRR Initiative, disclosed <br />emissions from the 20 largest publicly-listed meat and <br />dairy companies increased 3.3% compared to 2022.<br />Those top 20 companies include Hormel Foods Corp. <br />and China's New Hope Liuhe Co., which supply meat <br />for massive brands like Walmart and McDonald's. .<br />Those top 20 companies include Hormel Foods Corp. <br />and China's New Hope Liuhe Co., which supply meat <br />for massive brands like Walmart and McDonald's. .<br />Those top 20 companies include Hormel Foods Corp. <br />and China's New Hope Liuhe Co., which supply meat <br />for massive brands like Walmart and McDonald's. .<br />The world's food industry has an immense <br />climate footprint that accounts for almost <br />a third of global greenhouse gases. .<br />The world's food industry has an immense <br />climate footprint that accounts for almost <br />a third of global greenhouse gases. .<br />Livestock accounts for about <br />14.5% of worldwide emissions. .<br />While the FAIRR report highlights some companies <br />that have managed to reduce their emissions, <br />like Tyson Foods Inc. and Danone SA, it found <br />varying levels of climate commitments. .<br />While the FAIRR report highlights some companies <br />that have managed to reduce their emissions, <br />like Tyson Foods Inc. and Danone SA, it found <br />varying levels of climate commitments. .<br />According to the report, nearly two-thirds of companies <br />didn't disclose Scope 3 emissions, which include indirect <br />emissions produced along company value chains.<br />We need to get these <br />companies up to the same <br />standard, irrespective of <br />where they’re sitting, Oshni Arachchi, head of active <br />ownership at Danske Bank A/S, via 'Time'.<br />The report also found that <br />only four out of those top <br />20 companies have net-zero goals. .<br />We’ve long known that <br />humanity can’t fix climate <br />change without fixing <br />the way we feed the world, Jeremy Coller, private equity investor <br />and founder of FAIRR, via 'Time'
