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14 food companies present plan to limit global warming

Fourteen of the world's largest food companies, including JBS, presented at COP27 a shared roadmap on how they will work to reduce emissions from land use change in their operations. To address this crucial issue, the CEOs of leading global agricultural trading and processing companies had pledged a year ago, during COP26 in Glasgow, to develop this shared roadmap, focusing on the palm oil, soy and livestock sectors, protecting also global food systems and the livelihoods of producers.

Posted on Nov 10 ,05:11

14 food companies present plan to limit global warming

The 1.5°C Agricultural Sector Roadmap, released at COP27 in Egypt, is led by the following companies: ADM, Amaggi, Bunge, Cargill, COFCO International, Golden Agri-Resources, JBS, Louis Dreyfus Company, Marfrig, Musim Mas, Olam International, Olam Food Ingredients (OFI), Viterra and Wilmar International. 

By proposing a comprehensive plan to address forest loss in supply chains and accelerating collaboration to achieve this goal, the roadmap proposes actions that focus on areas where they will have the greatest impact. It also outlines how signatories will collaborate with other relevant actors, in particular governments, supply chain actors and financial institutions, to expand support for the plan's commitments. This includes strengthening policies and regulations and encouraging farmers and ranchers to protect natural resources.

Over the past year, the Tropical Forest Alliance, with support from the World Business Council for Sustainable Development, has helped the world's major agricultural trading and processing companies develop the roadmap. Based on it, companies commit to establishing a plan with specific deadlines and to publicly account for their progress towards the goals each year. 

Gilberto Tomazoni, global CEO of JBS, highlighted that humanity is facing two simultaneous emergencies. "We must tackle climate change and, at the same time, increase global food production to ensure food security. JBS understands its responsibility, as the world's largest food company, to be part of the solution, and therefore the need to partner with our value chain to accelerate and scale progress. To move faster in Brazil, the sector must focus on the main areas and drivers of deforestation: the Amazon and illegal deforestation. In line with our commitment to contain global warming by up to 1.5 degrees C, 2023 will be a year of action as we go further – together with public and private sector partners – to develop incentives and technical support for producers that are key to ending all deforestation".

In March last year, JBS made a commitment to become Net Zero by 2040, that is, to bring the net balance of greenhouse gas emissions to zero. Also as part of this goal, the company reaffirmed its commitment to eliminate illegal deforestation from its chain by 2025 in all Brazilian biomes in which it operates. To this end, the company monitors its more than 80,000 direct suppliers of cattle, using a satellite image system and the main public information bases. In addition, the Company has been advancing in the same control for suppliers of its suppliers with the implementation of the Plataforma Pecuária Transparente, a tool that uses blockchain technology to achieve this objective, respecting the secrecy provided for by Brazilian legislation. 

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