Regrow Ag

In the regulatory landscape of climate reporting, staying ahead is not just necessary—it's imperative. We need a clear understanding of scope 3 emissions to navigate our regulatory environment, remain compliant, build trust with stakeholders and attract investment for the future. 🌱 Navigating a fluid regulatory environment:  As directives like the EU’s Corporate Sustainability Reporting Directive (CSRD) push for more detailed emissions reporting, and bodies like the Science-Based Targets Initiative continuously update their guidance, the need for robust Scope 3 emissions understanding becomes increasingly crucial. Proactive engagement in these areas isn't just about compliance—it’s about seizing leadership. 🔍 Risks of Non-Compliance: The consequences of non-compliance can be severe, ranging from hefty fines to reputational damage. For food and ag companies, building competency in Scope 3 emissions reporting is not just beneficial but essential to avoid pitfalls and to prepare for tighter future regulations. 🌾 Building Trust and Attracting Investment: A 2022 PwC survey revealed that 44% of investors prioritize tackling climate change, with 64% focusing on ESG investing to boost returns. Transparent and accurate emissions reporting not only builds trust among regulators and stakeholders but also attracts investors who are increasingly demanding sustainability in their portfolios. Understanding and actively managing Scope 3 emissions is more than a regulatory necessity—it's a strategic advantage in today's dynamic business environment. #ClimateAction #Compliance #RiskManagement #Scope3 #Sustainability #AgricultureResilience #ClimateRisk #FutureofFood

Consumer demand for sustainable products is reshaping food and ag. How can product R&D teams respond and build an innovation advantage? With products making ESG-related claims experiencing a 28% growth over five years, R&D teams are at the forefront of adapting to these sustainability trends. The stakes are high: Aligning product development with environmental considerations is crucial as nearly 60% of Gen Z consumers prefer eco-friendly products, which often command a significant price premium. Product demand is knocking. And scope 3 emissions can help you open the door. Understanding and mitigating Scope 3 emissions is key to R&D success. This insight allows teams to: 1️⃣ Make strategic decisions about sourcing less carbon-intensive commodities 2️⃣ Collaborate with procurement to engage with more sustainable suppliers 3️⃣ Integrate emissions data into Lifecycle Assessments (LCAs) for a comprehensive view of a product's environmental impact from cradle to grave By focusing on smarter ingredient sourcing and exploring alternative materials, R&D departments can significantly reduce the carbon footprint of new products. For instance, a shift in ingredient ratios or the adoption of regenerative farming methods can enhance both sustainability and product appeal. Scope 3 insights not only guide R&D teams in reducing emissions effectively but also empower them to lead the charge in sustainable innovation. This strategic approach not only aligns with consumer preferences but also positions companies as leaders in the burgeoning sustainability market. #Sustainability #Innovation #RnD #Scope3 #FoodAndAg #ClimateAction #FutureofFood 

Are you grappling with the complexities of #climatechange in your department? Start by understanding and mitigating scope 3 emissions. These emissions hold the key to reducing your company's overall footprint and building resilience across the business. How can ag and food companies better understand their scope 3 emissions? By gaining insights into: 🌱 Net emission factors for key ingredients in your supply chain 🌱 Opportunities for emissions abatement across supply sheds 🌱 Emissions for supply regions over time Understanding scope 3 emissions can transform challenges into strategic opportunities, drive value and establish resilience across your organization. https://lnkd.in/ggz7_T2J #AgricultureResilience #FutureofFood #ClimateAction #sustainability #sustainableagriculture

For procurement professionals in food and ag, #scope3 data is the key to making sustainable sourcing not just a goal, but a reality. Combining farming practice adoption trends with environmental impact modeling, this data gives procurement teams field-level insights across their global supply chains. How does that look in practice? 🤝 Identify and partner with suppliers who are leading the way in sustainability Scope 3 data empowers you to pinpoint suppliers who are already adopting regenerative practices like cover cropping and conservation tillage. These practices lead to healthier, more resilient soils—and by extension, more sustainable supply chains. It also helps you determine the impact of these practices on supplier carbon footprints. 💰 Incentivize wider adoption of regenerative practices Shifting sourcing to different suppliers can reduce your organization’s corporate footprint, plus help assure your supply. But in order to drive meaningful change across the industry, food companies must launch programs that bring other suppliers along. That means using scope 3 data to identify where practice changes could make the most impact, then properly incentivizing producers to make the switch. 📊 Proactively manage supply chain risks With detailed scope 3 data, you're equipped to forecast how climate changes might impact your supply chain. This insight allows you to mitigate risks before they materialize, safeguarding your business against future climate shocks. The line between sustainability and critical business risk is blurring — how will your team adapt? Let’s discuss how scope 3 data can drive both sustainability and business resilience.

In #food and #agriculture, understanding and managing scope 3 emissions—which represent about 90% of a food company's #carbon footprint—is crucial. The majority of these #emissions stem from on-farm processes, underscoring their critical role in our overall environmental impact. Our latest blog dives into how a shared understanding of scope 3 emissions can catalyze success across business units. From Procurement and R&D to Marketing and Compliance, actionable #data on emissions empowers teams to not only meet their specific goals but also enhance overall agricultural resilience. https://lnkd.in/ggz7_T2J #Scope3 #Sustainability #AgricultureResilience #FutureofFood #ClimateAction #agriculture #climatechange

We hear a lot about the cost of incentivizing practice change to mitigate emissions within food & ag supply chains. But what about the cost of inaction on scope 3 emissions?

We hear a lot about the cost of mitigating emissions within food & ag supply chains. But what about the cost of inaction on scope 3 emissions?

As resilience becomes a critical business line item in food and agriculture, reducing scope 3 emissions is not just a task for sustainability teams, but a vital aspect of company-wide strategy. Our latest blog post explores how sustainability leaders can leverage high-quality emissions data to foster cross-departmental collaboration and drive meaningful climate action. From procurement to R&D and marketing, see how cross-department alignment enhances resilience in the agriculture supply chain. https://lnkd.in/ggz7_T2J #FutureofFood #GHGemissions #ClimateChange #supplychain #AgricultureResilience #sustainability #ClimateAction #scope3 #emissions

Climate change is threatening our food systems, affecting farmers' fields, and destabilizing supply chains. We need to build resilience and reduce scope 3 emissions — and all business units must take part. Learn how to empower everyone across the org with our expert guide. https://lnkd.in/g8gZc7j7

What are the 4 most important elements in transforming food supply chains, from a business perspective? To empower emissions reduction across the organization as a holistic risk mitigation strategy, leaders should: 1️⃣ Map the Impact Gap: measure current emissions, with a focus on accurate, dynamic information and a holistic understanding of emission sources 2️⃣ Develop a plan to close the Impact Gap: use this analysis to develop high-impact, scalable programs to close the Impact Gap and build resilience quicker 3️⃣  Empower change through internal alignment: identify common goals across business units and leverage those goals to drive growth and risk mitigation across the organization 4️⃣ Work with partners: find the best way to engage partners in system-wide resilience, and you’ll find yourself in an industry that’s changing for the better