Climate Strategies of Agri-Food Giants Insufficient: Study
Nestle, PepsiCo and other agri-food giants are "unlikely" to bring about meaningful greenhouse gas reductions in the sector with their current climate policies, according to a report published Tuesday.
The annual report by the NewClimate Institute and Carbon Market Watch analysed the climate strategies of five of the world's top 10 food and agriculture corporations.
US group PepsiCo and Brazilian meatpacking giant JBS were slapped with the lowest rating of "very poor", while Mars and Nestle were ranked "poor". French brand Danone was given a "moderate" rating.
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