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“So how do you measure a rate of return on not an immediate business priority.” Costco
that cost of investment? It’s difficult and that Wholesale Corp. also tracks only its Scope 1
is what is turning people away, especially in and 2 emissions.
an ag environment that is not overly profitable
right now.” Land O’Lakes doesn’t have a Scope 3 goal
but has committed to make a reduction of 10
The Soil and Water Outcomes Fund, which also million metric tons that it will contribute toward
involves the Iowa Soybean Association, that he’s Walmart’s Project Gigaton goal of cutting sup-
participating in started with 10,000 acres and ply chain emissions by a billion tons.
next year will expand to 100,000 acres.
Some big corporations, such as Kraft Heinz and
“We’d much rather solve this through one of the restaurant giant Yum! Brands, which operates
voluntary innovative ways that agriculture can the KFC, Pizza Hut and Taco Bell chains, have
lead and show the path forward right that’s good committed to develop goals.
for everybody,” said Cargill’s Sirolli.
Through a nonprofit group, CDP, formerly
“Let’s do it voluntarily before we get, you know, the Carbon Disclosure Project, many compa-
forced or regulated to do something.” nies file detailed reports on their emissions and
measures they are taking to reduce their risk
How food and ag giants set climate from climate change.
targets — and what they’ve promised In its 2020 CDP report, food giant ConAgra
Brands Inc. estimates its emissions from agri-
Corporate greenhouse gas emissions fall into culture and forestry (which includes the paper
one of three categories, or “scopes,” depending used for packaging at 2,989,975 metric tons).
on the source. Scope 3 emissions are the ones ConAgra hasn’t set a target for reducing those
that affect farmers and ranchers. emissions, but the company describes in its CDP
report some measures it is taking to address the
Scope 1: Emissions are those generated
by a company›s in-house operations, impact of climate change.
including fleet vehicles, boilers etc. The report says, for example, “Changing con-
sumer preferences and customer requirements
Scope 2: Emissions are those caused by have impacted some of Conagra’s product
the electricity the company purchases.
lines and strategy in the short to medium
Scope 3: Emissions are a company’s term. For example, we have expanded cer-
indirect emissions. They include company tain product lines (such as Healthy Choice
business travel as well as emissions from and Reddi-wip) to include more plant-based
shipping products and the emissions that options and have analyzed sales trends for
result from producing the raw commodi- climate-beneficial food products.”
ties, ingredients and finished products that
the company purchases.
Some companies haven’t committed to reduc-
ing Scope 3 emissions or don’t track them.
One of those is the food service giant Sysco
Corp., which says collecting Scope 3 data “is
www.Agri-Pulse.com 17