Issue #41: UK's Green Day - a Basket Case?

published on 03 April 2023

Our Top Stories

The UK’s Green Day: On Thursday 30th March, labelled ‘Green Day’, the UK government published more than 2,800 pages worth of documents outlining plans to improve energy security, green the finance system, and make its net-zero strategy lawful. Edie reports on the key announcements made. The general consensus is that, although some welcome measures have been brought forward, there is little innovation, and most of the report simply recaps and rehashes existing commitments. Whether the new strategy is now law-abiding remains to be seen. [Edie]

With the UK’s Net Zero Strategy being ruled unlawful in 2022, the government has brought out updated plans as requested by the Climate Change Committee. Image Source: Trip Advisor
With the UK’s Net Zero Strategy being ruled unlawful in 2022, the government has brought out updated plans as requested by the Climate Change Committee. Image Source: Trip Advisor

Influencing sustainable eating: Speciality Food highlights results from a new Picadeli study which finds that 57% of British shoppers believe that clearer labelling of foods would encourage them to make more sustainable food choices. Displaying environmental information is not only vital to educate the ever-growing base of eco-conscious consumers. It is equally important as a means of ensuring that brands and retailers engage with their own supply chain, in a bid to provide full traceability and transparency. [Speciality Food]

Meat and dairy climate-related losses:  A new report from investor coalition FAIRR has found that the ‘business-as-usual’ plans of meat and dairy giants would see an average reduction in profit margins of 7% as a result of climate impacts - representing $27.3bn overall. Climate change will result in higher feed and fertiliser prices, and will also lead to increased animal sickness and mortality rates. According FAIRR, some of this risk could be avoided with more robust risk assessments. Yet just six of the 40 companies assessed have conducted and published a climate scenario analysis. [Edie]

With climate change affecting the meat and dairy industry directly, more companies will need to assess specific climate risks and adapt to the changing environmental conditions. Image Source: Lukas Hartmann / Pexels
With climate change affecting the meat and dairy industry directly, more companies will need to assess specific climate risks and adapt to the changing environmental conditions. Image Source: Lukas Hartmann / Pexels

Brand Spotlight - Klarna

Klarna, in partnership with Clarity AI, have started developing ‘Conscious Badges’, which allows brands to earn sustainable labels to be displayed on product pages within the Klarna app. Starting with electronics, brands can earn up to five badges - low direct greenhouse gas emissions, low indirect greenhouse gas emissions, climate commitments, climate-related disclosures, and renewable energy procurement. The aim of the new feature is to reward responsible business, and provide shoppers with the information they so desire to shop sustainably. [Edie]

Research Corner

Lemurs at risk: Arpat Ozgul and his team have found that climate change is destabilising lemur populations in Madagascar, and increasing their risk of extinction. The findings are concerning, as small mammals with high reproductive rates can usually adapt well to changing environmental conditions. Madagascan lemurs are already among the world’s most endangered mammals, so conservation efforts will now have to be maximised to prevent climate change becoming even more of a threat to the beloved group of species. [PNAS]

Stat Attack

“In a massive global survey, the results of which were published in 2021, 10,000 children and young people (aged 16-25) shared their feelings about the environment. The results were astonishing: from Brazil to France, Nigeria to the UK, at least 84% said they were moderately worried about climate change, with 59% saying they were very or extremely worried.”

  Source: The Conversation

About Reewild

The food and agriculture industry is at the heart of the climate crisis, generating around a third of man-made greenhouse emissions. And while the challenge of reducing its impact may seem beyond our grasp, it is one that we all have the power to tackle.

We believe that the solution lies in climate transparency. That’s why we’re equipping businesses with the means to evaluate and communicate the emissions of their products. This, in turn, means consumers are armed with credible, independent information, which can be used to make more sustainable choices.

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