ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Ahold Delhaize USA, Kellanova, Bartlett Announce Farm-to-Shelf Regenerative Agriculture Pilot to Decrease Emissions Across Value Chain

SALISBURY, N.C., June 18, 2024 (GLOBE NEWSWIRE) -- Leading grocery retail group Ahold Delhaize USA has announced a partnership with global snacking leader Kellanova (formerly Kellogg Company) and North American agribusiness, Bartlett, to reduce Scope 3 greenhouse gas (GHG) emissions from wheat farming across the value chain. This collaboration aims to decrease Scope 3 emissions, improving farm and supply chain resiliency.

The pilot program, which is expected to kick off this summer, will leverage financial investments from Ahold Delhaize USA, Kellanova and Bartlett to support the adoption of regenerative agricultural practices among wheat farmers in North Carolina. The wheat harvested and milled from these farms will be used alongside conventionally grown wheat to produce Kellanova’s iconic Cheez-It® and Club® crackers. These products will be sold at the local brand stores of Ahold Delhaize USA in 2025.

“The companies of Ahold Delhaize USA are committed to offering more sustainable food products as we strive to create a healthier planet,” said JJ Fleeman, CEO, Ahold Delhaize USA. “An important step in this journey is reducing Scope 3 carbon emissions, which requires partnerships like this one with Kellanova and Bartlett. We’re excited to be a part of this collaboration as we focus on our Scope 3 commitments.”

Unique collaborative program
This is a unique program with stakeholders from across the supply chain – from field to mill to manufacturing facility to shelf – collaborating to improve the livelihood of U.S. farmers while reducing GHG emissions. This is a first of its kind program for both Ahold Delhaize USA and Kellanova.

“As part of our ambitious Kellanova Better Days Promise, we’ve committed to both reducing our emissions and advancing the well-being of people, including farmers, across our food value chain,” said Carrie Sander, Chief Customer Officer – North America, Kellanova. “We believe in the power of partnership and are excited to collaborate with Ahold Delhaize USA and Bartlett to help potentially improve outcomes for wheat farmers. This innovative program helps us simultaneously work toward both these goals.”

From farm to shelf
Regenerative agriculture focuses on soil conservation and improvement, creating a unique farming approach specific to the crop, climate and land. The process is as follows:

  • Farmers grow regenerative wheat in Eastern North Carolina. Bartlett’s certified crop advisors will work with these farmers, providing technical assistance for implementing conservation practices to improve soil health, which improves water quality and helps reduce emissions.
  • Bartlett combines the regenerative wheat with conventional wheat then mills it into flour at its recently expanded facility in Wilson’s Mills, N.C.
  • Kellanova bakes the wheat into Cheez-It® and Club® crackers at its state-of-the-art facility in Cary, N.C.
  • Ahold Delhaize USA brands to sell the crackers across their more than 2,000 local stores beginning in 2025.

“We’re excited to work with our customers and partners to improve on-farm environmental outcomes, while increasing overall sustainability across the milling and baking supply chain,” said Bob Knief, President of Bartlett, a Savage Company. “We have a strong commitment to continuous improvement and look forward to engaging with and supporting North Carolina wheat farmers in measuring and optimizing their sustainability performance.”

In addition to the regenerative wheat, a key output of this program will be agronomic insights on farm and supply chain resiliency. Arva Intelligence, whose mission is to empower farmers to grow their business, while driving a larger environmental asset economy, will use their CropForce™ platform, to measure, report, and verify impacts to the partners’ respective emissions reductions, providing scalable knowledge each company can potentially take forward into the development of other Scope 3 initiatives.  

“Ninety-five percent of Ahold Delhaize USA emissions reside in Scope 3, which makes this program incredibly important,” said Marc Stolzman, Chief Sustainability Officer for Ahold Delhaize USA. “Not only will this help us on our race to Net Zero, but the data will help us to chart our future path for Scope 3 collaborations.”

The pilot will focus on farmers who have already implemented regenerative agricultural practices, enabling the cultivation of a base of farmers experienced in these practices to help teach new ones and facilitate the transition. Production is slated to begin this summer, with the final product expected to reach Ahold Delhaize USA brand shelves in 2025, with pilot learnings to quickly follow.

About Ahold Delhaize USA
Ahold Delhaize USA, a division of global food retailer Ahold Delhaize, is part of the U.S. family of brands, which also includes five leading omnichannel grocery brands – Food Lion, Giant Food, The GIANT Company, Hannaford and Stop & Shop. When considered together, the companies of Ahold Delhaize USA comprise the largest grocery retail group on the East Coast and the fourth largest grocery retail group in the nation, serving millions of omnichannel customers each week. For more information, visit www.adusa.com.

About Kellanova
Kellanova (NYSE: K) is a leader in global snacking, international cereal and noodles, and North America frozen foods with a legacy stretching back more than 100 years. Powered by differentiated brands including Pringles®, Cheez-It®, Pop-Tarts®, Kellogg's ® Rice Krispies Treats®, RXBAR®, Eggo®, MorningStar Farms®, Special K®, Coco Pops®, and more, Kellanova’s vision is to become the world’s best-performing snacks-led powerhouse, unleashing the full potential of our differentiated brands and our passionate people. Our net sales for 2023 were $13 billion.

At Kellanova, our purpose is to create better days and ensure everyone has a seat at the table through our trusted food brands. We are committed to promoting sustainable and equitable food access by tackling the crossroads of hunger, sustainability, wellbeing, and equity, diversity & inclusion. Our goal is to create Better Days for 4 billion people by the end of 2030 (from a 2015 baseline). For more detailed information about our commitments, our approach to achieving these goals, and methodology, please visit our website at https://www.kellanova.com.

About Bartlett
Established in 1907, Bartlett joined the Savage family of companies in 2018. Its diverse agribusiness is focused on the acquisition, storage, transportation, processing, and merchandising of grain. The company is a leading U.S. exporter of grain to Mexico. Bartlett produces a broad range of flour to meet its Customers’ needs and plays an important and growing role in the food and renewable fuel sector with its soybean processing capability. For more information, visit www.bartlettco.com.

About Arva Intelligence
Arva Intelligence is a Houston-based B-corporation powering agronomic optimization and environmental market solutions. Arva leverages field data to improve yield, lower cost, reduce risk, and maximize the value between environmental stewardship and economic profit. By providing a clear pathway for the supply and demand sides of the carbon and sustainability markets to interact, engage, and transact, Arva is uniquely positioned to facilitate agriculture’s massive role in the global journey to profitable sustainability. For more information, visit www.arvaintelligence.com.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/ae9c5b8d-f489-403a-bb50-a68d9569a55d

https://www.globenewswire.com/NewsRoom/AttachmentNg/53b4a84c-b602-4d6b-a657-617285075831

https://www.globenewswire.com/NewsRoom/AttachmentNg/6d296158-95bb-45e5-8a5b-d259981faffa

https://www.globenewswire.com/NewsRoom/AttachmentNg/2da5c5f7-0d64-47ca-b4c3-58f47065013c


MEDIA CONTACTS
Christy Phillips-Brown
704-287-0055

Stefanie Shuman
860-305-0849

Primary Logo

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.