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We know it’s hard for businesses to tackle the climate challenge. We understand the complexities. Therefore, Planet FWD offers a full suite of (three) solutions to measure, report, and reduce your company’s footprint.
Planet FWD supports customers by calculating the carbon footprints of companies and products. Carbon footprints are calculated as the total greenhouse gas (“GHG”), in terms of carbon dioxide equivalents (CO2e) emitted through the product’s life cycle. Planet FWD uses an attributional approach for carbon accounting, a widely accepted methodology as laid out within ISO 14067 and the GHG Protocol. The attributional approach calculates the carbon impact of the individual components of the product, such as individual ingredients and packaging materials, which are then compiled to develop the final emissions value for the overall product.
For more information on carbon assessment methodology, see the Planet FWD Standards.
Planet FWD is the leading decarbonization platform for the food and beverage industry. We have an extensive database that uncovers the layers of detail beneath emissions factors, including farm-level, processing, packaging, and distribution. Our software capabilities are built to produce granular, actionable insights for impactful reductions. For instance, we use a physical inventory approach that allows you to understand the specific emissions drivers and quantify reductions in an actionable way. To find out more about our platform features, please contact us or book a demo.
So many things! Planet FWD believes in building climate literacy internally within brands and externally among consumers. We envision a world where carbon labels are as commonplace as nutritional fact panels. As such, we encourage brands to use their footprint to improve R&D to create a more sustainable product, inform targeted sustainability improvements, and share your product footprint with consumers as a carbon label to promote transparency.
Corporate Inventories (CI) are a great way to understand your organization’s emissions, identify ways to reduce emissions, and make commitments for climate actions. A CI is required as a baseline to set emissions reductions or net zero targets.. Many investors also require companies to have Corporate Greenhouse Gas Inventories for ESG reporting standards.
Corporate greenhouse gas inventories (CGHGI) are a great way to understand your organization’s emissions, identify ways to reduce emissions, and make commitments for climate actions. A CGHGI is required as a baseline to set emissions reductions or Net Zero targets in line with the Science Based Targets Initiative. CGHGIs are also highly encouraged by a number of organizations, including the CDP and many ESG financial reporting standards.
To share your carbon footprint publicly, Planet FWD strongly encourages brands to have Planet FWD experts review your data and assumptions to verify that they align to standards requirements. These services can be included in your platform subscription. Ultimately, all claims and marketing decisions are the decision and responsibility of a brand and Planet FWD recommends that customers engage their legal counsel to review any new product claims according to standard internal processes.
In order for data to be comparable, it must have the same scope and boundaries in terms of what makes up a carbon footprint. As such, it’s best practice to avoid direct comparisons to other LCAs or inventories where the underlying data and methodology may differ. We find that comparing your carbon footprint to yourself over time is one of the best ways to engage customers with your product’s journey towards net zero.
We believe in continuous improvement and reducing your carbon footprint through as many means as possible. Planet FWD honors the science which underlies the climate action movement. As such, we reference the science-based targets as a benchmark for all brands to align to as it relates to carbon footprints and reduction efforts.
The term regenerative is based on the word regenerate, which means to generate or produce anew. Regenerative is distinguished from sustainable in that regenerative systems progressively improve the whole system rather than merely sustaining the system.
Regenerative agriculture is an approach to agriculture that regenerates and restores communities and ecosystems - essentially putting more back into the system than is being taken. It focuses on improving soil health, promoting biodiversity, and closing loops within systems. Among other benefits, rebuilding soil organic matter and restoring biodiversity not only removes carbon from the atmosphere, helping to reverse climate change, but also makes the land more resilient to floods, droughts and other extreme climate conditions.
Different organizations currently define regenerative agriculture differently. Some see it as a set of practices, others as a mindset and systemic change. Most organizations want to see measurable regenerative outcomes, but specific measurements vary. At Planet FWD, we believe in regenerative systems that include the health of all beings, and we work with brands and suppliers to take steps on their regenerative journeys - this may include tracking practices until outcomes data becomes available.
