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Planet FWD Unveils AI-powered Decarbonization Platform For Global Food Giants to Meet Net Zero Goals

Counting food industry leaders, including Rodelle, an ADM company, and Compass Group, as partners, the company empowers the largest food companies in the world to reduce the 34% of global greenhouse gas emissions attributable to food


San Francisco, CA – WEBWIRE

We selected Planet FWD due to its expertise in food and beverage, deep Scope 3 decarbonization capabilities and dedicated team. Planet FWD is a critical part of our goal of reaching Net Zero by 2050, and were excited to be expanding our work with the team as we look to accelerate our progress, shared Amy Keister, Global Director of Sustainability at Compass Group.

Planet FWD, the leading decarbonization platform for consumer companies, today announces the launch of the first end-to-end climate solution for the food and beverage industry. Now with its AI-powered decarbonization platform, consumer companies can measure and reduce their climate impacts with speed and ease.

The consumer industry is responsible for more than 60% of all emissions globally. Food systems and land use make up a third of that. With less than seven years to meet the Paris Climate Agreement, we cannot meet 2030 climate goals if we do not prioritize consumer industry decarbonization. The problem is that the majority of consumer businesses emissions - upwards of 90% - come from notoriously hard-to-measure Scope 3 emissions, also known as supply chain-related emissions.

Planet FWDs proprietary, AI-powered decarbonization platform simplifies the process of measuring and mitigating a companys climate footprint. Moving beyond average data and estimates, Planet FWDs technology can rapidly model product-level emissions from farm to compost bin. Companies can also understand corporate emissions, from office operations through the supply chain, in as little as a few weeks. Now, consumer companies can understand corporate and product emissions, as well as emissions reduction opportunities, all in one platform.

We selected Planet FWD due to its expertise in food and beverage, deep Scope 3 decarbonization capabilities and dedicated team, shared Amy Keister, Global Director of Sustainability at Compass Group. Planet FWD is a critical part of our goal of reaching Net Zero by 2050, and were excited to be expanding our work with the team as we look to accelerate our progress.

How it works
Planet FWD allows companies to understand exactly which parts of their supply chain are driving emissions down to the ingredient, supplier, and even farm level. CPG brands, food service providers and retailers can now receive high-integrity, real-time results, whether they have 10 products or 10,000 and quickly move from insights into action. Planet FWD utilizes its industry-leading Life Cycle Assessments database with thousands of ingredients and materials that can be leveraged to measure customer-specific supply chains.

Product Life Cycle Assessments (LCA) unlock the ability for consumer companies to deeply understand product, menu, or ingredient-level emissions. This tool reduces the complexity of conducting a custom LCA by using AI and machine learning and enables culinary teams to understand the emissions of thousands of products or meals simultaneously. On average, Planet FWD can help brands reduce the carbon emissions per product by 35%.

Corporate Decarbonization offers GHG-protocol-aligned reporting across Scopes 1, 2 and 3 emissions, enabling Net Zero Planning. With a keen focus on Scope 3 decarbonization, Planet FWDs platform measures a range of climate impacts across carbon, water, land use and FLAG-related emissions, all of which are aligned to the highest global standards. Planet FWDs team of Climate Scientists partners with sustainability leaders to guide them through the path to corporate emissions reduction.

With fewer than 75 months left to reduce global emissions by 40%, my team is passionate about decarbonizing the 60% of global GHG emissions that come from household goods, beginning with food, stated Julia Collins, Founder and CEO of Planet FWD. This launch empowers the consumer industry to embrace decarbonization and take action on Scope 3 emissions reductions - a crucial step to creating more sustainable products for future generations.

Planet FWD has seen significant growth in the past 12 months having doubled its headcount and grown its customer base two and a half times over. Its also on track to triple its revenue from 2022. In addition to Compass Group and Rodelle, Planet FWD also counts trusted brands like Blue Apron, Bragg, Patagonia Provisions, Purely Elizabeth and Ritual as customers.

Start your climate journey today at planetfwd.com or register for this Sustainable Brands Webinar today to learn more about how to reduce Scope 3 emissions.

About Planet FWD
Planet FWD is the leading decarbonization platform for the consumer industry. Launched first for Food and Beverage companies, Planet FWDs platform and team of climate scientists empowers consumer companies to reach their climate goals by helping them measure and reduce their carbon footprint. Leveraging the food & beverage industrys most in-depth Life Cycle Assessment data and robust Scope 3 emissions modeling capabilities, customers can harness an understanding of their climate impacts and unlock a clear path to Net Zero. Planet FWDs software platform is the only solution that can analyze how a company can reduce emissions by making specific changes to their ingredients, packaging, suppliers and farm-level practices.


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 Scope 3
 Decarbonization
 Carbon Accounting
 Food And Beverage
 Ai


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