Reuters Events Sustainable Business’ Post

The food system is increasingly at risk due to climate change impacts while also being a significant contributor to emissions, particularly methane, writes Mike Scott. The Smith School of Enterprise and the Environment - University of Oxford flagged this over a decade ago, warning of stranded assets in agriculture. Isobel Rosen from FAIRR Initiative highlights that physical risks like droughts and heatwaves, coupled with transition risks, make the landscape complex for both companies and investors. Peter Elwin at Planet Tracker emphasizes that most investments target the food giants but leave farmers behind. Nusa Urbancic from Changing Markets Foundation points out the urgency, as climate impacts push commodity prices to new heights while Ramya Ravishankar of HowGood stresses the need for companies to measure and communicate environmental impacts, or face market risks. Mars Wrigley is leading by example with its Cocoa for Generations strategy. Barry Parkin, chief sustainability offers at Mars, underscores the importance of adapting to changing climates and sourcing practices. The Sustainable Markets Initiative’s Agribusiness Task Force, including McCain Foods, McDonald's, Mondelēz International, PepsiCo, and @Waitrose, has launched a blended finance framework to support regenerative agriculture. #ClimateChange #FoodSystem #Sustainability #FAIRR #OxfordUniversity #PlanetTracker #Mars #SustainableAgriculture #RegenerativeFarming #EnvironmentalImpact #Agribusiness #Investment #FoodSecurity #CocoaforGenerations #AgribusinessTaskForce Terry Slavin Liam Dowd https://lnkd.in/eeWYNZPN

Food brands and investors scramble to stave off risk of stranded assets

Food brands and investors scramble to stave off risk of stranded assets

reuters.com

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