Japanese Trading Giant Mitsui Invests in U.S. Regenerative Farming Company -- OPIS
August 17 2023 - 12:17PM
Dow Jones News
Mitsui & Co. has invested an undisclosed amount in U.S.
regenerative agriculture company RRG Nature Based Solutions, the
Japanese trading giant said Thursday.
Through this investment, Mitsui aims to contribute to the
stabilization of world food production and the conservation of
natural capital by developing new solutions that support the
transition to regenerative agriculture, the company said in a news
release.
Established in January, RRG NBS offers a one-stop solution from
project design to development. It is a unit of agriculture-focused
investment firm Renewable Resources Group, which has a 20-year
track record of developing sustainable farming and water
conservation projects, Mitsui said.
Regenerative agriculture methods, which seek to restore the
natural environment through smart farming practices, are being
widely adopted worldwide.
Global companies such as Archer Daniels Midland, Bayer, General
Mills, Microsoft, PepsiCo, Walmart and Unilever support
regenerative farming to meet their climate goals.
Mitsui has pledged to cut emissions by half from 2020 levels by
2030 before reaching carbon neutrality in 2050.
This content was created by Oil Price Information Service, which
is operated by Dow Jones & Co. OPIS is run independently from
Dow Jones Newswires and The Wall Street Journal.
--Reporting by Abdul Latheef, alatheef@opisnet.com; Editing by
Jeff Barber, jbarber@opisnet.com
(END) Dow Jones Newswires
August 17, 2023 12:02 ET (16:02 GMT)
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