Commodities

The Canadian frozen foods multinational has a 2030 target to implement regenerative agriculture across 100% of its potato acreage.

The investment platform will pursue US assets worth between $2m and $20m as it provides a forestry investment access point to accredited individual investors.

The highly anticipated document is high on goals and aspirations but fails to set clear roadmaps for reaching its targets.

'We like the fact that the food sector tends to be a necessity, and stable,' says managing director Cristian Jitianu.

Taking into account emissions from transportation, post-harvest production, on-farm activity and inputs, the company says its rice will still be carbon neutral.

The firm has also raised €260m for its debut Food Ecosystem Fund, which it expects to close on €300m in Q3.

The Transforming Farming Platform now has a portfolio of more than 12,500ha acquired across eight separate transactions.

'We certainly think that there is an opportunity to have a natural capital platform around carbon and biodiversity,' New Forests managing director Radha Kuppalli said.

The non-profit’s joint report with the Accountability Framework initiative shows that only 2.8% of 675 surveyed companies target sourcing 100% no-deforestation commodities.

AAM’s flagship Diversified Agriculture Fund is seeking more capital to deploy into its northern Australia cattle assets and to expand its softwood timber businesses.