U.S. Meat Sector Releases First-Ever Data Report on Environment, Other Key Indicators

A major new report released in advance of the United Nations Climate Summit next week in Sharm el Sheikh, Egypt, reveals that about 81% of facilities reporting data are covered by Meat Institute members’ commitments to reduce greenhouse gas (GHG) emissions.

With 100% of the Meat Institute’s large U.S. members (more than 2000 employees) submitting data, the report covers an estimated 90% of meat sold in the United States (by volume) and sets the first ever baselines for measuring progress toward ambitious targets for environmental sustainability...

Hormel Foods Recognized by Investor's Business Daily on 100 Best ESG Companies List

Hormel Foods Corporation, a Fortune 500 global branded food company, was ranked for the first time on the Investor's Business Daily annual report of the 100 Best ESG Companies. The list recognizes companies with superior environmental, social and governance (ESG) ratings combined with strong fundamental and technical stock performance.

As part of its Our Food Journey™, Hormel Foods created its 20 by 30 Challenge, a set of 20 qualitative and quantitative goals to achieve by the end of 2030 with a focus on environmental...

Bayer Launches Collaboration with Perdue AgriBusiness

- Program is the first agrifood value chain business-to-business collaboration under Bayer’s new ForGround platform and is anticipated to help improve soil health and reduce Scope 3 GHG emissions at scale in the long term.
- Creating additional opportunities for farmers to be an integral part of a more sustainable food value chain, Perdue grain farmers may be compensated for participating in a carbon footprinting program and eligible for future incentives tied to adopting regenerative farming practices, along with receiving access to all ForGround benefits.
- The collaboration represents two industry leaders coming together to...

NCBA Calls for Limited SEC Greenhouse Gas Rule Following Senate Hearing

Today, the National Cattlemen’s Beef Association (NCBA) reiterated the need for a limited version of the Securities and Exchange Commission’s (SEC) greenhouse gas disclosure rule following SEC Chairman Gary Gensler’s testimony before the U.S. Senate Committee on Banking.

“The SEC’s proposed greenhouse gas disclosure rule is aimed at large publicly traded companies but would lead to unintended consequences for small businesses like farms and ranches. The rule would require data that simply does not exist at the farm or ranch-level and increases the regulatory burden on individual cattle..."

Do Good Chicken Featured on the Global Stage by the World Economic Forum

Do Good Chicken, the first chicken brand that fights food waste and combats climate change has been featured by the World Economic Forum (WEF). The video celebrates Do Good Chicken as a revolutionary climate-forward brand, making positive impact for our planet.

Each year about 40% of healthy grocery food gets tossed into landfills. According to the United Nations Food and Agriculture Organization, if food waste were its own country, it would be the third largest emitter of greenhouse gases in the world, behind the U.S. and...

US Foods Announces Science-Based Climate Goal to Reduce Greenhouse Gas Emissions by 32.5% by 2032

US Foods Holding Corp. announced today that it has submitted formal greenhouse gas (GHG) emission reduction targets to the Science Based Targets initiative (SBTi) for approval. The company has also completed its first comprehensive screening of its Scope 3 emissions and intends to submit a goal to engage key suppliers covering 71 percent of its emissions from purchased goods and services to set science-based targets by 2027. The submission supports the company’s ongoing commitment to reducing the environmental footprint of its operations...

Cattle Industry Fights Controversial SEC Climate Rule

Today, the National Cattlemen’s Beef Association (NCBA) filed comments on the U.S. Securities and Exchange Commission’s (SEC) controversial proposed greenhouse gas disclosure rule. The rule would require publicly traded companies to disclose their direct (scope 1), energy/electricity consumption (scope 2), and supply chain emissions (scope 3), creating a burden on cattle producers who supply beef to publicly traded processors, restaurants, and retailers.

“With cattle producers facing record inflation, rising input costs and labor shortages, another bureaucratic rule from Washington is a burden we cannot afford,” said NCBA President Don Schiefelbein, a cattle...

Pork Industry asks the SEC to Reconsider Climate Disclosure Rules for Farmers

The National Pork Producers Council (NPPC) filed comments today to the U.S. Securities and Exchange Commission (SEC) regarding its controversial reporting requirements proposal on climate-related disclosures for investors.

In its comments, NPPC and other agricultural groups requested that the SEC reconsider its application of burdensome and unnecessary climate disclosure requirements under Scope 3 of the proposed rules. As currently drafted, these requirements would overly burden American farmers, forcing them to take on costly and expensive reporting that will set back farm environmental performance, and would be in...