J.M. Smucker Company has taken promising first steps to address climate risks.
Over a period of months, a number of institutional investors have begun taking steps back from the speculative rush into food commodities. Most recently, the Stockholm-based financial services group, Nordea, announced it would remove food commodities from their financial products. This comes after Deutsche Bank made a similar (if temporary) ban. In 2010, the California […]
I am a foodie. I love to shop for food, and I spend most of my Sunday afternoons preparing food for the following week. Spirituality for me has never been in a house of worship but rather on a farm. I’ve written before about Land’s Sake farm in Weston, MA. I belong to their CSA […]
Today’s blog post is an update to a previous post, With a Name Like Smucker’s… Today’s shareholder vote at the Smucker’s annual meeting marked an important step towards getting the company to report on climate risks associated with their coffee business and supply chain. The proposal received roughly 30% support (based on preliminary numbers). While 30% might […]
When you think of Smucker’s, jelly and jams typically come to mind, but they are just the tip of the iceberg. The J.M. Smucker Company is actually a leading distributor of Folgers and Dunkin’ Donuts coffee brands (who knew?), with coffee accounting for 40% of the company’s net sales and nearly half of its profits. […]