Riceland Foods and Hill's Pet Nutrition Join Forces for Sustainability
Riceland Foods and Hill's Pet Nutrition Join Forces for Sustainability
A New Program Enables Rice Growers to Practice Sustainable Farming
Riceland Foods, Inc. and Hill's Pet Nutrition are excited to unveil a collaborative effort aimed at promoting sustainable rice farming practices. This initiative invites Riceland's farmer-members to adopt climate-smart farming techniques as part of the latest Riceland Carbon Ready™ program.
The focus of the Riceland-Hill's Pet Nutrition Sustainable Rice Program will be on assisting farmers in overcoming obstacles they face while trying to implement environmentally friendly strategies. Hill's Pet Nutrition aims to benefit from the Scope 3 Greenhouse Gas (GHG) emission reductions associated with the newly adopted methods from participating Riceland farmer-members.
According to Riceland's Vice President of Government Affairs & Sustainability, Adam Shea, this partnership is set to build upon the positive trajectory that the Riceland Carbon Ready™ Program has achieved since its inception in 2022.
Shea remarked, "Farmers are continuously adjusting their production approaches to improve efficiency, but the narrow profit margins they operate under often limit their flexibility to modify practices significantly. That's precisely where the Riceland-Hill's Pet Nutrition Sustainable Rice program proves valuable. By quantifying the environmental impact of these practices, we can aid our customers in reaching their climate objectives, creating mutual benefits for all stakeholders involved."
Collaboration with Arva Intelligence has enabled Riceland to measure the Scope 3 GHG emission reductions effectively. Arva will calculate the carbon reductions resulting from various sustainable farming practices incorporated into the Riceland-Hill's Pet Nutrition Sustainable Rice Program, thereby providing verification that will support Hill's ambitious target of reducing Scope 3 GHG emissions by 42% by 2030.
Bas Tabak, the senior director of direct procurement for Hill's Pet Nutrition, emphasizes the company's commitment to minimizing environmental impacts while producing top-quality pet nutrition. He stated, "We are actively working alongside our suppliers, such as Riceland Foods, to identify methods for decreasing our carbon footprint for various ingredients like rice, while also supporting farmers in their transition towards eco-conscious farming methodologies."
The partnership between Riceland and Arva Intelligence, established in 2022, has been pivotal to the success of the Riceland Carbon Ready™ Program, showcasing the profound impact of collaborative sustainability efforts.
Jay McEntire, Co-Founder and CEO of Arva, expressed his admiration for the collaboration, saying, "It's a privilege to support Riceland members with significant sustainability solutions that reward farmers for their responsible environmental practices while assisting companies like Hill's Pet Nutrition in achieving their emission reduction goals. We take pride in the fact that the Riceland Carbon Ready™ program has emerged as a leading sustainability initiative that creates win-win scenarios across the supply chain."
The Riceland Carbon Ready Program™ serves as a vital entry point for cooperative farmer members to qualify for incentives linked to sustainable practices on their farms. For further details about the partnership between Riceland and Hill's Pet Nutrition, or the Riceland Carbon Ready Program™, please reach out to Ashten Adamson.
About Riceland Foods, Inc.
Riceland Foods stands as the world’s largest rice miller and marketer, representing a collective of over 5,500 farmer members. This farmer-owned cooperative operates in various regions, processing an impressive 2.5 million metric tons of grains each year. The cooperative's diverse range of products includes white, brown, and parboiled rice along with rice bran oil, soybean oil, and meal. Riceland markets its products across the United States and exports to approximately 25 countries.
About Hill's Pet Nutrition
With a legacy exceeding 75 years, Hill's Pet Nutrition is revered for delivering premium nutrition for pets, grounded in comprehensive research and an understanding of their unique health needs. The dedicated team, comprising over 220 veterinarians, PhD nutritionists, and food scientists, continuously innovates to provide health-focused solutions for pets through their Prescription Diet and Science Diet product lines.
Frequently Asked Questions
What is the purpose of the Riceland-Hill's Pet Nutrition collaboration?
The collaboration aims to promote sustainable rice farming practices among Riceland farmer-members, helping to achieve climate-smart goals while benefiting the environment.
How does this partnership impact the environment?
The program incentivizes farmers to adopt practices that reduce greenhouse gas emissions and fully embrace sustainability in their farming techniques.
Who is involved in measuring the GHG emissions reductions?
Arva Intelligence is playing a crucial role in quantifying the Scope 3 GHG emissions reductions arising from the sustainable practices adopted by participating farmers.
What are Hill's Pet Nutrition's emission reduction goals?
Hill's Pet Nutrition aims to cut its Scope 3 GHG emissions by 42% by the year 2030 as part of this collaboration.
How can farmers benefit from the Riceland Carbon Ready Program?
Farmers can receive incentives for adopting sustainable practices, thus enhancing their environmental stewardship and contributing to climate goals.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.