Kellogg (K) to Monitor Suppliers’ Carbon Emissions

Kellogg (K) is looking to cut carbon emissions from suppliers by monitoring them.

kellogg-carbon-emissions-k-stockKellogg will require some suppliers, such as farms and mills, to report carbon emissions. These suppliers will also be required to submit plans for reducing their carbon emissions. The cereal company will also plans to report carbon emissions from suppliers on a yearly basis, reports the Associated Press.

“We recognize that upstream agriculture emissions are the single largest source of emissions in our value chain and will focus our efforts on achieving agricultural emissions reductions,” Kellogg told Reuters.

Kellogg is also looking to reduce carbon emissions from its own plants. The company will also announced green performance goals to meet by 2020. This includes setting up water-reuse projects at 25% of its plans and a 50% increase in low-carbon energy use, the Associated Press notes.

K shares were up slightly as up Wednesday afternoon.

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Article printed from InvestorPlace Media, https://investorplace.com/2014/08/kellogg-carbon-emissions-k-stock/.

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