The Corporate Sustainability Reporting Directive (CSRD) represents a significant step toward enhancing sustainability reporting standards within the EU. This new mandatory directive seeks to strengthen and broaden existing regulatory requirements by introducing standardized disclosures of companies’ environmental, social, and governance (ESG) impact, encompassing their entire value chains. Starting from January 2024, companies will be obligatedRead more
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As one of Europe’s largest manufacturing sectors, responsible for purchasing approximately 70% of all EU farm produce, the food and beverage industry plays a vital role in driving the shift towards sustainable food systems. However, this sector also faces notable challenges due to its significant contribution to greenhouse gas (GHG) emissions. Thus, meeting environmental, social,Read more
Are you a B2B company looking to offer cutting-edge agricultural advice to your clients? Look no further! Did you know that digital transformation primarily targets large farms which represent only 2% of all farms globally? We need to reach the remaining 98%, but that’s tough as it implies changing their mindset. On the other hand,Read more
Food production is a complex, dynamic system facing a multitude of pressures. These include environmental factors and climate change, as well as economic challenges such as inflation and heightened consumer demand for organic and natural products. On top of that, the food and beverage sector faces significant regulatory requirements, considering its substantial contribution to greenhouseRead more
Food production is facing a multitude of global challenges that demand immediate attention and innovative solutions. As the world’s population continues to grow, resources become increasingly scarce, and environmental concerns intensify, the need for sustainable and resilient food production practices becomes paramount. The importance for companies to show their environmental, social, and governance impactsRead more
We may have washed our hands, used clean kitchenware, and cooked our meals to the correct temperature, but is that enough to be sure that the food we’re eating is safe? Keeping food safe is a complex process that starts on the farm and ends with the consumer. According to FAO (Food and Agriculture OrganizationRead more
2023 started with farms in all geographies having major concerns about profitability. In the last 2 years, inflation increased the cost of production significantly, while crop prices didn’t follow the proportional increase, putting a lot of pressure on farm profitability. Above that, global data shows that 75% of farmers are facing cost hikes, and aroundRead more
Supply chain disruption, rising input prices and labor costs, geopolitical uncertainty together with overall climate change challenges are currently influencing global corporate farming sector. According to the recent McKinsey survey from 2022, 75 percent of farmers expect cost hikes, and around 60 percent of them expect the current inflationary environment to increase spending in theRead more
Farming has always been an unpredictable business. For farmers to make their operations more efficient and cost-effective, they must contend with a wide range of external variables — extreme weather conditions, pests, and diseases. State of Farming Sector in 2023 Aside from traditional challenges farmers face, the economic outlook for 2023 forecasts global fluctuations.Read more
Farmers have been growing food for generations without using farm management software. But in today’s fast-paced and highly competitive food production landscape, farm management software, or FMS, is critical to success. Why Use Farm Management Software? A farm management software program implemented in an agricultural operation leads to reduced expenses, increased yields, better yield quality,Read more
