3 underestimated sustainability risks to global food supply
Climate change is often at the centre of the sustainability discussion, but these overlooked risks could impact global food supply chains much faster and further than many expect
here are three of the most urgent, yet underestimated, sustainability-related risks looming over the world’s agri-food industry.
Catch-22: Kirin puts JPY43.8bn price tag on green transition
Kirin estimates carbon pricing could add JPY43.8bn (US$274.24m) to packaging costs by 2050, highlighting the financial trade-offs of the shift to a low-carbon economy
Kirin faces costs whichever climate pathway the world takes: a faster transition could make carbon-intensive materials and energy more expensive, while a slower one could increase the physical risks of climate change, including damage to agricultural yields.
Nestlé: Coffee sustainability key to avoiding cocoa-like crisis
Could coffee face the same turmoil as cocoa? Nestlé shares its strategy to secure supply, boost sustainability and avoid sharp price hikes in major brands like Nescafe
“Nestle’s main strategy to ensure coffee sustainability [and supply stability] is the Nescafe Plan 2030, which is all about making coffee farming future-proof,” Nestle Chief Communications and Sustainability Officer Antonia Wanner said.
From farm resilience to nutrition security: APAC food leaders map priorities for a resilient food system
Building resilient food systems will require action across the value chain, from supporting farmers on the ground to deploying new technologies that improve nutrition and boost productivity
This means that food security is no longer just about producing enough food.
It also depends on ensuring farming remains economically viable, improving access to nutritious diets and using technologies such as AI to make food systems more efficient and adaptable.
54% of Big Food say climate resilience is critical. Just 6% have a plan
Big Food talks a good game on climate investment but the reality differs
A new report from Lumina Intelligence finds while that 54% of food and beverage leaders say climate resilience is important or very important, a mere 6% have fully embedded it into corporate strategy.
