Big Food “failing to meet hype” on regenerative agriculture
There is a "widening credibility gap" in how the world's biggest food companies are putting regenerative agriculture plans into practice, the FAIRR investor net
There is a "widening credibility gap" in how the world's biggest food companies are putting regenerative agriculture plans into practice, the FAIRR investor network argues in a new report.
The study, which assesses 78 publicly listed agri-food companies, praises some companies for "strong" governance, ambition, measurement and support for farmers but highlights how pledges have been dropped and the gaps in measuring action.
No company has set a target to reduce pesticide use as part of their regenerative agriculture programmes, FAIRR added.
According to the study, quantified regenerative agriculture targets have fallen from 35% of assessed companies in 2023 when FAIRR last issued a report on the topic to 28%.
The research showed 4% of companies have set outcome-based targets despite more than half (54%) claiming they measure regenerative agriculture outcomes.
FAIRR said more than half of companies identify reducing agrochemical inputs as a goal, yet "many of the most widely deployed regenerative agriculture practices can still rely on herbicides in implementation", adding: "Despite this, no company has set a pesticide reduction target."
The report said only US food manufactur
Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/big-food-failing-meet-hype-122812246.html)
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