It’s time to hold agrifood corporates accountable for their climate commitments. This list may help

If there was one key takeaway my colleague Louisa Burwood-Taylor and other attendees took from the COP26 climate summit in Glasgow, UK, last October, it was the need for corporate accountability.

The world’s climate crisis has finally taken center stage with more attention, headlines, and public commitments than ever before across industries.

Major food and ag corporations have made numerous public climate commitments in recent years, mostly focused on slashing greenhouse gas emissions and reaching carbon neutrality in the coming years or decades. Agrifood corporate climate commitments went full-on mainstream in 2020 and 2021, with mammoth corporations like General Mills and multi-billion restaurant chains like McDonald’s making pledges to pursue regenerative farming practices or reach net zero in 2050. COP26 accelerated the number of corporate commitments.

And while overall it’s positive news, “corporate accountability” was declared missing from the COP26 agenda, and many now ask how meaningful the litany of climate commitments actually is or, frankly, whether they’re just good marketing.

Just this week, German think tank NewClimate Institute took 25 of the world’s major corporations to task and found that most are committing to less than they declare in the news. “Net-zero” is only about 40% emissions reductions in many cases and “targets for 2030 fall well short of the ambition required to align with the internationally agreed goals of the Paris Agreement and avoid the most damaging effects of climate change,” reads the “Corporate Climate Responsibility Monitor 2022″ the think tank published this week.

As AFN’s own Wolf of Wheat Street recently said, “you shouldn’t make promises you can’t keep in front of journalists…”

Holding companies to account for their commitments is impossible if you can’t keep track of them, however. So as we organized ourselves over here at AFN to better enable us to check in with companies at reasonable junctures, we thought we would publish a list of agrifood corporate climate commitments to help our readers also keep track — and perhaps encourage them to also hold these companies accountable.

We’ll update it frequently as more companies join the list and as climate commitments evolve. 

This list is unlikely exhaustive. We welcome suggestions of agrifood corporate climate commitments we may have missed or not yet heard about. Send me a note here.

 Company Key commitment First announced
 AB InBev 2025: 35% GHG reduction2040: Net zero 2018
 Addo Food Group 2035: Net zero 2021
 Arla Foods 2030: 63% Scope 1+2 GHG emissions reduction 2021
 Bacardi 2025: 50% Scope 1+2 GHG emissions reduction;   20% Scope 3 reduction 2018
 Barilla 2030: 25% Scope 1+2 GHG emissions reduction;   26% Scope 3 2019
 Cargill 2030: 30% reduction per ton of product sold2050: Net zero 2019
 Carlsberg 2030: Net zero from breweries; 30% emissions   reduction across entire value chain 2017
 Carrefour 2040: Net zero 2020
 Chipotle 2030: 50% Scope 1+2+3 GHG emissions   reduction 2021
 Chiquita 2030: 30% Scope 1+2 GHG emissions reduction 2021
 Conagra Brands, Inc. 2030: 25% Scope 1+2; 20% Scope 3 per metric   ton of material 2020
 Coop Sverige AB 2026: 50% Scope 1+2; 25% Scope 3 2019
 Dairy Farmers of America 2030: 30% Scope 1+2+3 emissions reduction 2020
 Danone 2030: 50% Scope 1+2+3 emissions reduction2050 Net zero 2017
 Dole 2030: 30% emissions reduction in “group-   wide”marketplace net zero from Dole-owned   farms 2020
 Domino’s 2035: 67% Scope 1+2 emissions reduction; 40%   Scope 3 2050: Net zero 2022
 DSM 2030: 20% GHG emissions reduction 2018
 Fresh Del Monte 2030: 12.3% Scope 3 emissions reduction 2035: 27.5% Scope 1+2 emissions reduction 2020
 General Mills 2030: 30% Scope 1+2+3 emissions reduction   2050: Net zero 2020
 Grupo Bimbo 2050: Net zero 2021
 Heineken 2030: 90% Scope 1+2 emissions reduction; 21%   Scope 3 reduction 2040: Net zero 2018
 Hilton Food Group 2030: 25% Scope 1+2 emissions reduction;   12.3%  Scope 3 reduction 2021
 Kellogg Company 2030: 47% Scope 1+2 emissions reduction; 20%   Scope 3 reduction 2015
 Keurig Dr Pepper 2030: 30% Scope 1+2 emissions reduction; 15%   Scope 3 reduction 2019
 Maple Leaf Foods   Inc. 2030: 30% Scope 1+2 emissions reduction; 30%   Scope 3 reduction 2019
 Mars 2050: 67% Scope 1+2+3 2017
 McCain Foods Limited 2030: 52% Scope 1+2 emissions reduction; 31%   Scope 3 reduction 2021
 McCormick & Company 2025: 20% Scope 1+2 emissions reduction 2030: 16% Scope 3 reduction 2019
 McDonald’s 2050: Net zero 2021
 Moët Hennessy 2030: 50% Scope 1+2+3 emissions reduction 2021
 Molson Coors Brewing 2025: 50% Scope 1+2 emissions reduction 2019
 Mondelez International 2025: 10% Scope 1+2+3 emissions reduction 2020
 Nestlé 2025: 20% Scope 1+2+3 emissions reduction 2030: 50% Scope 1+2+3 2050: Net zero 2020
 Panera 2050: “Climate positive” 2021
 PepsiCo 2030: 75% Scope 1+2 emissions reduction; 40%   Scope 1+2 emissions reduction 2021
 Pernod Ricard 2030: 30% Scope 1+2 emissions reduction 2019
 Pilgrim’s Pride 2030: 30% Scope 1 + 2 emissions reduction2040: Net zero 2021
 Restaurant Brands   International 2030: 50% Scope 1+2 emissions reduction2050: Net zero 2021
 Sainsbury’s 2030: 50% Scope 1+2 emissions reduction; 30%   Scope 3 reduction 2040: Net zero in its own operations 2020
 Smithfield Foods 2030: Net zero in US company-owned   operations; 30% GHG emissions reduction   across entire domestic supply chain 2050: Net zero 2020
 Sodexo 2025: 34% carbon emissions reduction2045: Net zero in UK & Ireland 2019
 Starbucks 2030: 50% Scope 1+2+3 emissions reduction 2021
 Stonyfield 2030: 30% Scope 1+2 emissions reduction; 30%   Scope 3 2019
 Suntory Beverage & Food 2030: 50% Scope 1+2 emissions reduction; 30%   Scope 3 2050: Net zero 2021
 Sysco 2030: 27.5% Scope 1+2 emissions reduction 2021
 Target 2040: Net zero 2019
 Tesco 2025: 60% Scope 1+2 emissions reduction 2030:   17% Scope 3 2035: Net zero for its own operations 2017
 The Coca-Cola Company 2040: Net zero 2021
 The Hershey Company 2030: 50% Scope 1+2 emissions reduction; 25%   Scope 3 2021
 The J.M. Smucker   Company 2030: 28% Scope 1+2 emissions reduction; 22%   Scope 3 2021
 The Southern Co-operative 2030: 50% Scope 1+2 emissions reduction; 17%   Scope 3 2021
 Tyson Foods, Inc. 2030: 30% Scope 1+2 emissions reduction; 30%   per ton of finished meat for poultry, port, and   beef Scope 3 2018
 Unilever 2025: Net zero Scope 1+22039 Net zero 2010
 Walmart 2025: 35% Scope 1+2 emissions reduction 2030:   60% Scope 1+2 emissions reduction 2040: Net zero 2016
 Wendy’s Setting science-based targets by end of 2023 2021
 Yum Brands 2030: 46% emissions reduction2050: Net zero 2021

Original Article , by Jennifer Marston, Agfunder

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