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
Oklo target nearly doubled at Wedbush on AI-driven demand for nuclear energy
24.01.2025 - 18:00
Crypto markets lose steam after Trump's first policy move
24.01.2025 - 18:00
Combination of Google's TPU-DeepMind units may be worth $700 bn - DA Davidson
24.01.2025 - 18:00
British American Tobacco, Altria shares rise after menthol ban proposal dropped
24.01.2025 - 18:00
Morocco stocks higher at close of trade; Moroccan All Shares up 0.34%
24.01.2025 - 18:00
Commerzbank says no talks with UniCredit until specific proposal made
24.01.2025 - 18:00
Venture Global aims for $64 billion valuation at debut in test for energy IPOs
24.01.2025 - 18:00
Intuitive Machines stock surges on NASA contract award
24.01.2025 - 18:00
International Paper's $7.2 billion acquisition of DS Smith gets EU approval
24.01.2025 - 18:00
Short-term stock optimism soars among retail investors, AAII survey shows
24.01.2025 - 18:00
Venture Global shares likely to open up to 6% above IPO price
24.01.2025 - 18:00
Intuitive Surgical, American Express Stir Friday's Market Cap Stock Movers
24.01.2025 - 18:00
BMW joins Chinese EV makers in filing EU court challenge to tariffs
24.01.2025 - 18:00
Turkey stocks lower at close of trade; BIST 100 down 0.08%
24.01.2025 - 18:00
Diageo stock jumps on possible Guinness sale
24.01.2025 - 18:00

© Analytic DC. All Rights Reserved.

new
Анализ рынка Как повлият завтра отчет NFP на курс доллара США?