Discuss the enormous challenges food companies face related to sourcing in the context of climate change and population growth.

A. Carbon About 350 words Worth 7 Points
1. Make a cost argument and a moral argument (separate arguments) for why it is urgent that we reduce carbon emissions.

2. Explain the difference between:
Net Zero emissions (carbon neutrality)
Carbon Reduction (aiming toward zero emissions)
Carbon Capture and Storage (negative emissions)

Net Zero Emissions
Net Zero emissions is not zero emissions
No standard exists for Net Zero emissions
Net Zero means balancing emissions with climate-saving solutions
E.g. Factory emits carbon, but plants a forest that captures carbon

Low Carbon Economy
An economy that relies on clean energy and produces low greenhouse gas (GHG) emissions

Negative Emissions
Means removing carbon from our air (capture and storage)
Methods to remove carbon: biological, technical, geochemical
We will be forced to rely more on carbon capture, if we do not address climate change now

3. Research and explain three reasons why Net Zero emission targets are problematic.

B. Nestl Analysis About 700 words – Worth 15 Points
Analyze Nestls Net Zero Roadmap (February 2021): : https://www.nestle.com/sites/default/files/2020- 12/nestle-net-zero-roadmap-en.pdf
1. Assess Nestls Net Zero plan using four questions that can be used to assess a Net Zero commitment: https://www.vox.com/22737140/un-cop26-climate-change-net-zero-emissionscarbon-offsets

2. The Institutional Investors Group on Climate Change (IIGCC) places Nestl among 50 companies with the highest exposure to risk due to climate change. Explain this concern by identifying the physical risks that Nestl faces due to climate change. Include Nestls insetting and offsetting carbon removal strategies in the context of this risk discussion.

3. Like most large publicly-traded corporations, Nestl claims that its Net Zero Roadmap will allow it to achieve future-proof growth while reducing Green House Gases (GHG) (p. 7). Critically discuss this claim in the wider context of our climate change crisis and our economic system, which focuses on shareholder returns.

4. Most of Nestls GHG emissions lie in its value chain, particularly in the area of sourcing. Discuss the enormous challenges food companies face related to sourcing in the context of climate change and population growth. As a food company leader, how do you personally think Nestl should advocate with government (on governmental policies and regulations) and with consumers (how the world eats).

C. United Nations Global Compact 5 Stages of Sustainability About 500 words – Worth 11 Points
– Critically examine Apples Environmental Progress Report 2021 and make an argument for the stage at which you would place Apple Inc. in the UN Global Compact 5 Stages of Sustainability. Note: Focus on environmental sustainability, not social sustainability: https://www.apple.com/environment/pdf/Apple_Environmental_Progress_Report_2021.pdf
– Base your argument on information from Apples report, as well as information found outside of the report (e.gs. news, sustainability ratings, comparison to similar companies).

D. Environment, Social, Governance (ESG) About 350 words – Worth 7 Points
– Explain ESG.
– Identify the positive potential of ESG for businesses, investors, capitalism, and climate change.
– Research and critically discuss the current limitations and challenges of ESG reporting.