Making the business case for Scope 3 sustainability

Source: ©NICOELNINO – STOCK.ADOBE.COM This is the second of three articles covering a sustainability panel from the 2023 Pet Food Conference . Get the full story — read the first article here , and the third article here . ATLANTA — Pet food manufacturers and suppliers alike are being held to increasingly high sustainability standards, driven by consumers, investors and other industry stakeholders. Not only is this a moral issue — it’s also becoming a regulatory issue. The US Securities and Exchange Commission (SEC) will soon begin requiring public companies to disclose their Scope 1, 2 and 3 sustainability targets, and common export markets for US manufacturers are already employing this level of regulatory accountability. This last portion, Scope 3 emissions, refers to indirect emissions produced throughout a company’s value chain, and necessitates collaboration among raw material suppliers, ingredient manufacturers, and pet food and treat producers to tackle. This spirit of collaborative problem solving was demonstrated in a panel presented during the American Feed Industry Association’s (AFIA) 2023 Pet Food Conference , held Jan. 24 in conjunction with International Production & Processing Expo (IPPE) in Atlanta. The panel, moderated by Lara Moody, executive director of the Institute for Feed […]

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