Danone : and the Global Methane Hub join forces together to accelerate innovation in methane reduction
November 22, 2023 at 12:46 pm EST
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Danone and the Global Methane Hub join forces together to accelerate innovation in methane reduction
22/11/2023
Danone becomes first corporation to join the Global Methane Hub's Enteric Fermentation R&D Accelerator.
The Accelerator aims to create new scalable and practical solutions for dairy farmers to reduce methane emissions.
November 22, 2023, Paris & Santiago: The Global Methane Hub (GMH) and Danone announce a new partnership to reduce methane emissions and drive scalable solutions in farming.
Danone will become the first corporate funder of the Enteric Fermentation R&D Accelerator, the largest ever globally coordinated research effort on enteric methane, coordinated by GMH and supported by an alliance of philanthropic organizations and governments.
The Accelerator, which has already raised $200M in funding, will invest in breakthrough research and innovation to create new scalable and practical solutions for livestock farmers that can mitigate enteric fermentation, which is the digestive process of ruminant livestock. Research will include mitigation of methane via feed additives, plant and animal genetics, methane vaccines, as well as accessible and affordable measurement technologies.
Danone SA published this content on 22 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 November 2023 17:45:10 UTC.
Danone is one the world leading food-processing groups. Net sales break down by family of products as follows:
- dairy products and plant products (51.9%; No. 1 worldwide): fresh fermented milk products, creams, products and drinks of plant origin (based in particular on soya, almond, hazelnut, rice, oats and coconut);
- specialized nutrition products (30.8%): baby foods (No. 1 worldwide; foods for infants and young children in addition to breastfeeding) and medical nutrition products (No. 2 in Europe; foods for people suffering from certain pathologies or people weakened by age);
- bottled water (17.3%; No. 2 worldwide): natural water, aromatized water or enriched in vitamins (brands Evian, Volvic, Badoit, Aqua, etc.).
At the end of 2023, the group had more than 174 production sites throughout the world.
Net sales are distributed geographically as follows: France (8.4%), Europe (25.5%), North America (25%), China/Japan/Australia/New Zealand (12.7%), Latin America (10.1%) and other (18.3%).
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