Growing Returns

Selected tag(s): the sustainability consortium

How a 10-year old Walmart speech fostered sustainable food production

_Y1C0167Ten years ago the former CEO of Walmart, Lee Scott, made a speech that included three aspirational environmental goals. One of these goals was “to sell products that sustain our resources and environment.”

Yesterday Walmart announced that it will surpass its aggressive goal of reducing 20 million metric tons (MMT) of greenhouse gas (GHG) emissions from its supply chain. In total, Walmart will reduce 28 MMT of GHG from its supply chain by the end of 2015. That’s the equivalent of getting almost six million cars off the road.

To achieve this goal, Walmart tackled a diverse range of projects, including changing food date labeling to reduce waste and working with food companies and EDF to optimize fertilizer use on over 20 million acres of U.S. farmland.

As EDF president Fred Krupp said, “When you can get big companies to do important things, you can change the world.”

That’s why Walmart’s commitments have had a ripple effect with food companies across the country – 15 companies representing 30 percent of the U.S. food and beverage market created fertilizer efficiency plans – and why the retailer is helping make sustainable food production the norm. Walmart and the food companies supplying products to the retailer’s shelves understand that we’re facing environmental challenges that demand market based solutions. Read More »

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Sustainability and profitability go hand-in-hand, says Iowa corn farmer

TimRichter

Tim Richter, owner of Saratoga Partnership.

Farming is a tough business. With constantly changing crop prices, difficult to predict and increasingly extreme weather variations, and changing consumer demands, growers don’t have an easy time of it.

Like any business, profitability is the number one priority. And it should be – if you are not profitable, it’s very hard to stay in business.

All the growers I’ve worked with care deeply about their land. In a recent survey of a group of Midwestern farmers, “land stewardship” ranked as their top value. And sustainability is in a farmers’ best interest since healthy lands plays a huge role in whether farms will be around – and productive – for the next generation. But making agriculture truly sustainable will require investment from farmers.

Here’s the good news: sustainability and profitability can go hand-in-hand. Efficiencies like fertilizer optimization can result in cost savings. And with those savings, growers can invest in new technologies and cover crops, which can help make farms more resilient and increase yields, generating long term economic gain.

I asked Tim Richter, owner of a swine and corn farm operation spanning 9,000 acres in northern Iowa and Missouri, to tell me his profitability and sustainability story. Read More »

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