Welcome back to this new edition of Agri Business Review !!!✖
agribusinessreview.comNOVEMBER 20248 opinionIN MYBy Armando Russi, Head of Sustainability, Comms & Public Affairs, Grupo AJEArmando Russi, Head of Sustainability, Communications & Public Affairs at AJE Group and Executive President of the International Chamber of Climate Business (CINC), is a Chemical Engineer and Master of Environmental Management. Honing expertise in sustainability and ESG management in consumer goods, he specializes in specialty bioeconomy, decarbonization, and productive value chains. Impacted by the alarming rate of Scope 3 emissions, decision-makers are churning out the eco-friendly capabilities of sustainable manufacturing and distribution of products in existing working models. These solutions rely on bio-specialists innovating the supply chain through intricate product inputs. Recognizing their decarbonization efforts, Armando Russi discusses the interesting ways businesses can adopt healthier changes for themselves, their customers and of course, the environment. The approach is set to primarily target and reduce the grim effects of forests, land and agriculture (FLAG) emissions, he highlights. Decarbonization Through the BioeconomyClimate change presents an urgent challenge, marked by extreme weather, rapid biodiversity loss, and ecosystem degradation. To combat this crisis effectively, we must transform agricultural practices and global supply chains. Here, the bioeconomy and bio-specialties offer innovative solutions to advance sustainable agriculture and reduce Scope 3 emissions, including FLAG emissions.Scope 3 emissions encompass all indirect emissions across a company's value chain, from raw material acquisition to product end-use. This often represents up to 80% or more of a company's total carbon footprint. Addressing these emissions is vital for achieving decarbonization goals and meeting global climate targets. For instance, FLAG emissions, resulting from deforestation, land-use changes, and agricultural practices account for approximately 22% of global anthropogenic emissions, making them a crucial area for emissions reduction strategies.THE ROLE OF BIO-SPECIALTIES IN SUSTAINABLE AGRICULTUREArmando Russi < Page 7 | Page 9 >