Global food companies need to reach net zero for the sake of both the planet and their business performance, given the scale of their emissions and mounting regulatory pressures. But a set of obstacles particular to the food sector is slowing their progress.
Food companies can overcome them by focusing on their emission hotspots, evaluating alternative ways to cut emissions from them, and building a business case for pursuing net zero that highlights the costs of inaction. Finding and following the right pathway to a net zero, nature positive future entails a full-scale transformation for global food companies. Making this transformation a corporate strategic priority is critical to their future financial performance. By collaborating with partners within their value chains and beyond, food companies can speed the cost-effective global shift to net zero food and land use that they and the world need to make.
