{"id":12268,"date":"2024-12-10T13:37:20","date_gmt":"2024-12-10T12:37:20","guid":{"rendered":"https:\/\/fei-online.com\/?p=12268"},"modified":"2024-12-10T13:37:20","modified_gmt":"2024-12-10T12:37:20","slug":"coffee-sustainability-report-shows-progress-in-multi-capital-accounting-and-forest-protection","status":"publish","type":"post","link":"https:\/\/fei-online.com\/coffee-sustainability-report-shows-progress-in-multi-capital-accounting-and-forest-protection\/","title":{"rendered":"Coffee Sustainability Report shows progress in multi-capital accounting and forest protection"},"content":{"rendered":"
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Coffee Sustainability Report shows progress in multi-capital accounting and forest protection<\/h1>coffee<\/a><\/span>, E-News<\/a>, Farming<\/a>, Industry News<\/a>, Sustainability<\/a> <\/span><\/span><\/header>\n<\/div><\/section>
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Global food ingredients company ofi has released its annual Coffee LENS (Livelihoods, Empowerment, Nature at Scale) impact report, detailing progress in sustainable coffee production during the 2023 crop year. The report highlights advances in social capital valuation methodology, living income strategies, and forest conservation partnerships, alongside developments in digital traceability systems to meet incoming EU regulations.<\/h3>\n

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Coffee LENS \u2013 Impact Report 2023 – \u00a9 ofi<\/em><\/p><\/div>\n

Social capital quantification methodology <\/strong><\/h3>\n

A notable achievement detailed in the report is the completion of ofi\u2019s first social capital impact valuation, conducted on a living income project supporting approximately 1,000 coffee farmers in Honduras. The analysis, which earned recognition as a finalist at the Reuters Sustainability Awards, demonstrated that every dollar invested generated eight dollars in social value across the 2021-2022 and 2022-2023 crop years.<\/p>\n

Agricultural metrics and interventions<\/strong><\/h3>\n

The company reports reaching over 115,000 farmers with technical training and agricultural inputs aimed at optimising yields and quality. Field teams have implemented regenerative agriculture practices across 84,000 hectares, more than doubling the land area under such management compared to the previous year. Digital systems are being employed to generate detailed greenhouse gas footprints for 23 coffee supply chains.<\/p>\n

Forest protection partnerships<\/strong><\/h3>\n

A significant new three-year sustainable forest management programme has been initiated in C\u00f4te d\u2019Ivoire in partnership with IDH and JDE Peets. The collaboration aims to reduce pressure on protected areas including the Ta\u00ef National Park and Cavally nature reserve, particularly crucial given recent coffee price increases spurring production revival in the region.<\/p>\n

Digital traceability advancement<\/strong><\/p>\n

The report details extensive technical work on data and traceability systems, including:<\/p>\n