ROSI Helps Food & Agriculture Companies Drive Value Across the Supply Chain by Monetizing Investments in Sustainable Business PracticesThe food & agriculture industry increasingly faces material environmental, social and governance (ESG) issues including climate change-induced extreme weather events, pollution, ecosystem impacts and water scarcity. Farmer and worker livelihoods and safety are directly impacted by these factors. As companies grapple with COVID-related supply chain disruptions, consumer behavior shifts and employee wellbeing challenges, sustainability investment presents an opportunity to develop more resilient organizations.
Building on work in the apparel industry, NYU Stern CSB is developing a Food and Agriculture Sustainability Strategies Framework that identifies sustainability strategies and their related practices and develops monetization frameworks to demonstrate the financial benefits of sustainability investments in the industry. Inputs into the framework include:
- Food and agriculture-focused ROSI projects and case studies completed by NYU Stern CSB research staff including Deforestation-free Beef in Brazil and Sustainability-Focused Mars Supply Chains (see example monetization tool)
- Grant-funded projects including those funded by HSBC which includes partnering with ABinBev, Ingredion, & Hero Group on developing ROSI case studies in sustainable agriculture
- Individually-funded ROSI projects for various companies including Cargill and InvestIndustrial providing full or partial sustainability benefit assessments, monetization metrics and models for companies.