Food companies Ajinomoto and Danone launch partnership to cut dairy industry's CO2 emissions

(Reuters) - Food companies Ajinomoto and Danone unveiled on Thursday a partnership to reduce the dairy industry's greenhouse gas emissions.

WHY IT MATTERS:

Livestock is a major source of methane emissions, often from manure and the routine bodily functions of animals such as cows' belching, according to the United Nations Food and Agriculture Organization.

Furthermore, leading global companies are keen to burnish their ESG (environmental, social and governance) credentials, in which steps taken by companies to protect the environment score highly.

CONTEXT:

The partnership between Ajinomoto and Danone to cut greenhouse gas emissions also comes after six of the world's largest dairy companies - including Danone - last year unveiled an alliance to cut methane emissions at the United Nations COP28 summit.

BY THE NUMBERS:

Danone and Ajinomoto said they would join up to use an Ajinomoto product called AjiPro®-L.

This is used for a cow's digestive system and figures cited by the companies said it decreases nitrous oxide emissions from manure by approximately 25% and - if combined with a methane reduction additive - can amplify the effect of the methane reduction additive by approximately 30%.



KEY QUOTE:

"With partners like Ajinomoto Co., we are expanding our toolkit of solutions that we are bringing to our dairy farmers that have a dual effect - on the one hand reducing on farm GHG emissions whilst on the other, supporting farmers to improve their margin, and as a result, boost their resilience," said Danone's chief procurement officer Jean-Yves Krummenacher.

Source: Investing.com

Последние публикации
Cloudflare CFO sells over $1.1 million in company stock
20.09.2024 - 01:00
Joby Aviation executive sells over $11k in company stock
20.09.2024 - 01:00
Broadcom CEO sells shares worth over $8 million
20.09.2024 - 01:00
FedEx misses estimates for quarterly profit on lower demand for priority services
20.09.2024 - 01:00
Russia stocks higher at close of trade; MOEX Russia up 0.47%
20.09.2024 - 01:00
Guidewire CFO sells over $2.6 million in company stock
20.09.2024 - 01:00
Guidewire software executive sells over $1.7 million in company stock
20.09.2024 - 01:00
Luxor Capital Group executives sell over $590k in Five Point Holdings shares
20.09.2024 - 01:00
Colombia stocks higher at close of trade; COLCAP up 1.02%
20.09.2024 - 01:00
BeiGene executive Wu Xiaobin sells over $1 million in company stock
20.09.2024 - 01:00
Intuit director Burton Eve B sells nearly $1.94m in company stock
20.09.2024 - 01:00
Gran Tierra Energy CEO buys $617,000 in company stock
20.09.2024 - 01:00
Ecb bancorp EVP and COO acquires $130,655 in company stock
20.09.2024 - 01:00
Mexico stocks higher at close of trade; S&P/BMV IPC up 0.64%
20.09.2024 - 01:00
Paycom CEO sells over $660k in company stock
20.09.2024 - 01:00

© Analytic DC. All Rights Reserved.

new
Обзор рынка Запасы природного газа в США ↓58B
Добро пожаловать в чат поддержки!
*
*

Ваш запрос успешно отправлен!
Скоро с вами свяжутся.