ofi has announced that they are orchestrating climate actions in global food supply chains. This year marks the tenth anniversary of the Paris Climate Agreement, at a time when the cost of climate inaction is sounding loud and clear. It’s more vital than ever that ofi keeps pushing for progress to happen at all levels: as a global community, in government decision-making, and in the business world.
The ofi holds for climate action in global food supply chains. Like the horn sections in a band trying to work in perfect sync, at ofi, working with farming communities across the globe to grow, source, and produce food ingredients and solutions, we’re orchestrating a multi-layered approach to climate action. Change provides the musical score that makes it easy for customers and stakeholders to understand our approach, progress, and impact across all products and ingredients.
It sets ambitious targets that include halving Scope 1 & 2 emissions and cutting Scope 3 by 30% by 2030, in line with SBTi. We’ve laid out the ‘how’ with action plans to achieve these targets and deliver interconnected benefits. These are backed by policies, specialist manuals, digital tools, and our sustainability management system AtSource.
Low-carbon cocoa and coffee handbooks guide our field teams on the most impactful climate-smart practices to incorporate into their training sessions with farmers. Granular farm data gathered by our teams on the ground flows into AtSource and the smart tools that are embedded and developed by our climate action team – a Digital Footprint Calculator, Carbon Scenario Planner, and Carbon Sequestration Monitoring tool. In combination, they bring AI-powered analysis and robustly modeled scenarios that allow us to track changes in forest cover and carbon stocks across our supply chains and design programs with our customers to deliver long-term greenhouse gas reductions.
The most powerful ensembles are formed by bringing together multiple players in production landscapes under a long-term and large-scale plan to achieve holistic transformational change for nature and people. Like in Côte d’Ivoire, where ofi’s coffee team has joined forces with IDH, roaster JDE Peets, regional councils and local cooperatives to conserve forest resources and promote sustainable coffee production in the Cavally region, home to the largest protected area of rainforest in West Africa.
This is one of our 7 active ‘living landscape partnerships’ and we’ve committed to establishing 20 by 2030. An approach that resonates with one of the prominent soundbites to come out of COP29; is that “radical collaboration” is the only way to solve the big climate challenges we face. As the company looks ahead to COP30, the rich biodiversity and ecological importance of the Amazonian backdrop should serve as a stark reminder of what’s at stake if we don’t make the right choices to accelerate climate action.