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Diving Briefs:
- According to a press release on February 17, Hwaseong has invested $ 27 million and five years to reduce dairy agricultural carbon emissions to farmers.
- MARS’s Farmer Forward program, which has partnership with Dairy Co-Operative Fonterra, will use half of the funds for sustainability tools and technologies for about 2,000 farmers.
- The remaining money is allocated to about 165 farmers who meet sustainability goals and pays up to $ 15,000 every year.
Dive Insights:
According to the press release, dairy products are the fourth largest contribution to carbon footprints. Currently, we supply dairy products to the Confectionery Giant’s Sweets brand, including more than 200,000 cowga M & M and Snickers.
With the program with Fonterra, MARS expects to reduce more than 150,000 tons of dairy sourcing discharge by 2030 in preparation for the 2015 baseline. The Farmer Forward Program, which extends over 26,000 hectares of farmland, is part of the larger dairy gift initiative of Mars, which helps the company to reduce emissions last year.
In 2024, the owner of M & M announced a $ 47 million promise to reduce the carbon footprints of the used dairy products.
Fellow snacks Nestlé are also working with Fonterra. According to Fonterra’s February 18 press release, Dairy is currently the largest greenhouse gas emission source of Nestlé.
Like Mars, Nestlé and Fonterra’s contracts are divided into two categories. For qualified farmers, half of the funds are assigned to more sustainable and efficient farm solutions, tools or services, depending on the press release. Last season, about 87%of farmers would have been qualified.
The other half faces 10-25 cents of incentives per kilogram of kilograms for farmers with the lowest discharge footprints in co -operatives. Using the data last season, Nestlé estimates that about 300 to 350 farms can be paid next season.
The press release did not specify how much Nestlé provided.
Fonterra, headquartered in New Zealand, has previously cooperated with the two companies. Last year, Fonterra Dairy Farmers participated in the Mars pilot to provide tools and services to help reduce carbon footprints related to dairy sourcing. Hwaseong also supported Fonterra’s GREENER Choice program, which helps farmers to buy more sustainable products at farm source stores.
In 2022, Nestlé and Fonterra started Net Zero Pilot Dairy Farm to reduce emissions in the farm.
More and more companies have partnerships to maximize resources to lower environmental footprints. For example, in 2022, PEPSICO and Archer-Daniels-Midland signed a 7.5-year contract for corn, soybeans and wheat farmers in the midwestern United States to receive funds, technology and agricultural support.
In 2024, CAMPBELL’s company and KIND SNACKS announced a project to promote regenerative agricultural practices for materials using the US Department of Agriculture. In the case of CAMPBELL, this fund will be used to develop more sustainable practices and reduce water consumption of California -based tomato farmers.
