Growing public attention to climate change is leading governments and corporations to set ambitious greenhouse gas reduction commitments. The food and agriculture industry, and the livestock and dairy sector in particular, will be a focus area due to its meaningful greenhouse gas footprint as well as its potential to sequester and mitigate emissions for other industries.

As public attention to climate change grows, consumer packaged goods companies (CPGs) in food and beverage have started to lead public-facing climate action campaigns. Following the guidance of the Science Based Targets Initiative (SBTi), an international non-governmental organization that publishes best practices for greenhouse gas (GHG) emissions disclosures, many corporations have established net zero emissions targets by 2050 or earlier. For most CPGs, however, a large portion of emissions footprints are in the supply chain, outside of CPG’s direct control. For example, in 2022, PepsiCo reported that 93% of its emissions footprint was in its supply chain.