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Food Emissions 50 Company Benchmark DRAFT 2025

About the benchmark

Key Benchmark Takeaways

Stronger supply chain disclosure

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.

Maple Leaf Foods

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.

More sophisticated climate scenario analysis

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.

Compass Group

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

Opportunity in reducing potent agriculture emissions

Methane and nitrous oxide are greenhouse gases produced from agriculture and have a potent warming effect. Leading companies are starting to set reduction goals for these gases.

Campbell’s

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

Major companies quantifying reduction strategies

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

General Mills

General Mills stands out with its Climate Action Transition Plan that 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.

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