Rising Livestock Emissions Undermine World’s Climate Fight
- Emissions from top dairy and meat makers are up 3% from 2022
- Only four out of top 20 companies in sector have net-zero aims
The food industry’s climate footprint is immense, accounting for about a third of global greenhouse gases. Livestock, which releases potent methane, makes up 14.5% of worldwide emissions.
Photographer: Anindito Mukherjee/BloombergThis article is for subscribers only.
Greenhouse gas emissions from the world’s top meat and dairy producers increased further this year, highlighting the urgent need for the food industry to clean its practices and help prevent global warming.
Disclosed emissions from the world’s 20 largest publicly-listed meat and dairy companies rose 3.3% from 2022 levels, according to a report by investor network FAIRR Initiative. Its analysis includes companies like Hormel Foods Corp. and China’s New Hope Liuhe Co., which supply household names like Walmart Inc. and McDonald’s Corp.