Environmental, Social and Governance (ESG) metrics are becoming increasingly important in meeting the expectations of financiers, regulators and customers.
To maintain market access and potentially capture premium prices, pork producers need to be able to measure, manage, validate and communicate their ESG performance.
This can be hampered by difficulty in understanding which metrics to track, inefficient manual data collection, alack of transparency and difficulties in communicating ESG progress.
This project will build an Australian industry first digital sustainability platform for ESG reporting in pork production.
A suite of digital dashboards will provide producers with information on animal health and welfare, allowing them to improve production output and enable the measurement of ESG progress being achieved.
Key metrics in Australian pork’s ESG performance will also be benchmarked against global standards to develop a roadmap to differentiate our product and achieve greater market access and premium prices.
The opportunities for reducing the carbon footprint of pork production will be explored focusing on reducing emissions on-farm rather than offsetting by purchasing carbon credits.
