Canadian company among top meat producers with growing emissions: report

A major Canadian meat producer is among a group of industry leaders facing criticism after a new report from a climate-focused investor group showed greenhouse gas emissions on the rise.

Saputo is among the list of the world’s 20 biggest beef and poultry producers that collectively saw emissions rise by 3.28 per cent in 2023 compared to last year, according to data released by the Coller FAIRR Protein Producer Index on Tuesday.

The report shows Saputo, ranked 10th in the world in terms of market capitalization, saw emissions climb by 1.37 per cent in 2023 to 14.8 million tonnes of carbon dioxide.

Of the 20 biggest companies in the industry, 10 saw their emissions climb in the past year, while seven reduced emissions and three did not disclose their emissions data, the report said.