By Josh Torres and Andrew Howell, CFA
Starbucks and Clover Sonoma said this week they would track and disclose methane emissions within their dairy supply chains, joining the Dairy Methane Action Alliance in the latest sign of accelerating action on food sector methane emissions. Launched in December at COP28, the Alliance has quickly grown to include eight global food and dairy companies representing over $230 billion in annual global sales. Investors should throw their full support behind it.
As the world grapples with the challenges of a changing climate, there is a growing understanding of the impact of agricultural emissions. Commitments made at COP28 underscore the importance of transitioning the food and agriculture sector to net zero, with new pledges of more than $7 billion for climate mitigation and adaptation. The net zero transition will reshape food and…
Read the full article originally published at business.edf.org.