Food Emissions 50 Company Benchmark

More companies are outlining the agricultural products and land use change activities that contribute most to supply chain emissions, which account for 95% of a food company’s overall emissions. 18 companies quantify and disclose emissions from purchased goods, while another 6 disclose sources without quantifying emissions.
This transparency creates opportunities to map emissions hotspots against climate vulnerabilities and prioritize supplier engagement to address risk.

Company Spotlight

Maple Leaf Foods lists hogs and poultry from contracted growers as the largest contributor to scope 3 purchased goods and services emissions, totaling 35.4% of these emissions.

16 companies have conducted scenario analyses, helping them identify operational, supply chain, and market transition risks, as well as business opportunities to build a more resilient food system.

Company Spotlight

Compass Group, the multinational food service provider, is quantifying the financial impacts of these risks, such as increased costs due to water stress affecting beef and dairy production.

Methane and nitrous oxide are greenhouse gases produced from agriculture and have a potent warming effect. Leading companies are starting to set reduction goals as a high-impact strategy to curb near-term climate risk, meet regulatory expectations, and improve supply chain stability.

Company Spotlight

Campbell’s has a target for nitrous oxide, while Nestlé and Danone have methane reduction goals, highlighting an opportunity for others in the sector.

5 companies have detailed, quantified emissions reduction strategies that outline systematic approaches to meeting their goals, managing risk, and leading in value creation.

Company Spotlight

General Mills' Climate Action Transition Plan discloses reduction amounts by category and provides implementation timelines. There is an opportunity for more companies to quantify strategies to build resilience, innovation, and long-term value creation.