Global collaboration will help further
sustainable animal protein production and enable growth by bridging
silos in the food value chain
NEW
YORK, June 19, 2024 /PRNewswire/ -- Deloitte
today announced its expanded global collaboration with
dsm-firmenich—innovators in nutrition, health, and beauty—to
cultivate a more sustainable food system. This collaboration is
part of Deloitte's latest effort to explore, develop, and scale new
climate and nature-positive solutions, working directly with
businesses to help implement future-proof strategies and promote
transparency across the food ecosystem.
dsm-firmenich's innovative Software as a Service platform
Sustell™is at the center of the collaboration and is designed
to calculate the environmental impact of producing animal protein
at scale, harnessing data directly from the feed and farm sectors
within an organization's value chain. Producing sustainable eggs,
meat, milk and seafood requires the ability to accurately assess
environmental impact based on this primary data from the field,
which also serves as a baseline from which improvements can be
measured. Sustell™ can assist organizations in reducing their
farm animal-related environmental footprint by helping identify
impact hotspots and incorporating intervention modeling across
various scenarios.
Deloitte will help expand and enhance the platform's reach,
improving vital economic information flow from processors and
consumer-packaged goods providers to feed producers, farmers, and
integrators. Deloitte will also help enable growth opportunities
for businesses deploying the capabilities of Sustell™ by advising
them on how to operate the platform, apply insights to their
operations, and prepare environmental, social and governance
reporting. More broadly, this collaboration will help bridge silos
in the value chain by rapidly connecting ecosystem players to help
create and protect value and collectively achieve meaningful
sustainability improvements.
"The food industry needs holistic value chain transparency to
make better choices and transform to future proof business models,"
says Jorg Schalekamp, Partner,
Consulting, Deloitte Netherlands. "This collaboration will help
leaders in the agricultural sector access the precise, real-time
data and insights that they need to embed sustainability
considerations into their operations, contributing to a virtuous
cycle that can drive both a profitable agriculture sector and a
more sustainable global food system."
Animal farming alone accounts for 14.5% of all human-derived
greenhouse gas emissions, and the agriculture sector is the
largest contributor to global methane emissions. International
regulatory entities are escalating their scrutiny of the
agriculture sector, with the European Union's Corporate
Sustainability Due Diligence Directive and Corporate Sustainability
Reporting Directive among some of the emerging regulations that
require improved transparency regarding the environmental impacts
of food, from farm to plate. This growing pressure for more
sustainable agriculture and food systems leaves food producers
increasingly looking for solutions to help identify and reduce
greenhouse gas emissions, nitrate pollution, water usage, and
biodiversity impacts while more effectively using raw
materials.
"Sustell™'s approach makes precise, tailored
environmental accountability the new normal across the animal
farming industry," says Dr. David
Nickell, Vice President of Sustainability & Business
Solutions at dsm-firmenich, Animal Nutrition & Health. "It
is the standard that can help open the door to commercial
opportunities by driving customer demand, enabling grants and
preferential development finance, opening new income streams
through carbon credits and data royalties, and lowering
environmental impact. Our critical, on-the-ground insights on
animal feed and farming, coupled with Deloitte's global leadership
and cross-sector knowledge, will help unlock the missing
ingredients needed to create a greener food ecosystem for
everybody."
To further transform the food system and reduce its climate
impacts, a cooperative approach is also needed between the food
industry and the energy industry. This will help redefine
production, distribution, and consumption models, promoting
sustainability and a healthier planet.
"Collaboration across sectors and geographies is instrumental to
achieving net-zero goals, and reimagining our food value chain is
no exception," says Deloitte Global Future of Food leader
Randy Jagt. "Our expanded
relationship with Sustell™ is one of many
cross-industry collaborations that can help transform our food
system. From regenerative agriculture and executive education
programs with universities around the globe, to working with
non-government organizations to find the optimal balance between
protein and plant-based consumption, to leveraging technology to
create more resilient supply chains and working toward zero waste,
Deloitte is committed to supporting and accelerating the food
systems transformation."
To learn more about how Deloitte is helping to transform the
food system, please visit:
https://www.deloitte.com/global/en/Industries/consumer/about/future-of-food.html
Learn more: Sustainable energy sources in food
production
On 25 June at 10 a.m. EDT
(2 p.m. GMT), Deloitte Netherlands
will convene food and energy sector specialists for a live webinar
focused on the implementation of sustainable energy sources in food
production, such as biomethane and hydrogen. To register, please
visit the event landing page: Food and Energy: Nourishing and
Powering a sustainable future, together.
About dsm-firmenich
As innovators in nutrition, health, and beauty, dsm-firmenich
reinvents, manufactures, and combines vital nutrients, flavors, and
fragrances for the world's growing population to thrive. With our
comprehensive range of solutions, with natural and renewable
ingredients and renowned science and technology capabilities, we
work to create what is essential for life, desirable for consumers,
and more sustainable for the planet. dsm-firmenich is a Swiss-Dutch
company, listed on the Euronext Amsterdam, with operations in
almost 60 countries and revenues of more than €12 billion. With a
diverse, worldwide team of nearly 30,000 employees, we bring
progress to life™ every day, everywhere, for billions of people.
www.dsm-firmenich.com
About Sustell™
Sustell™ accurately measures your full environmental footprint and
provides actionable insights on how to reduce your impact. Several
years in development and continually updated, Sustell™ was
developed in collaboration with key partners, including Blonk,
recognized experts in the field of agri-food lifecycle analysis, as
well as customers and users worldwide to reflect real-world needs
of sustainable animal protein production. Sustell™ is an advanced
platform and additional consultancy service as required, that
utilizes farm-level data to simplify the complexity of measuring,
validating and improving the environmental sustainability of animal
protein—transparently, scientifically, farm by farm, production
system by production system. www.sustell.com
About Deloitte
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Deloitte Touche Tohmatsu Limited (DTTL), its global network of
member firms, and their related entities (collectively, the
"Deloitte organization"). DTTL (also referred to as "Deloitte
Global") and each of its member firms and related entities are
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omissions, and not those of each other. DTTL does not provide
services to clients. Please see www.deloitte.com/about to
learn more.
Deloitte provides industry-leading audit and assurance, tax and
legal, consulting, financial advisory, and risk advisory services
to nearly 90% of the Fortune Global 500® and thousands of private
companies. Our people deliver measurable and lasting results that
help reinforce public trust in capital markets, enable clients to
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territories. Learn how Deloitte's approximately 457,000 people
worldwide make an impact that matters at www.deloitte.com.
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SOURCE Deloitte Global