Monday, November 25, 2024

NFU meets Natwest to press for changes to ‘oversimplified’ greenhouse gas tracker

The NFU has met NatWest over concerns about an ‘oversimplified’ message on its greenhouse gas tracker, which has promised a review of its app as a result.

First reported in The Telegraph, NatWest’s banking app gives customers a personalised carbon footprint score each month, and has been suggesting that customers cut red meat out of their diet and drink plant-based milks as a measure to reduce their greenhouse gas emissions.

The NFU has offered its support in developing this message and have reiterated that British livestock and dairy farmers are some of the most greenhouse gas efficient in the world, as well being custodians of large swathes of iconic landscapes, with grass fields providing important habitats for biodiversity and vital carbon reserves in our soils.

NFU Deputy President Tom Bradshaw said he had ben encouraged by NatWest’s responsiveness following its recent meeting with the NFU and their subsequent content review of their greenhouse gas tracker. “It is positive to see NatWest’s willingness to learn, and we are committed to continuing to work with the banking sector to ensure they fully understand and work alongside the agriculture sector when it comes to reducing emissions and supporting resilient, sustainable businesses.

“British meat and dairy are among the most sustainable in the world, with UK beef emissions less than half the global average. Red meat and dairy are also recognised as an essential part of a healthy diet, being naturally rich sources of protein and calcium and providing essential nutrients like iron, zinc and vitamin B12.”

Ultimately, the NFU urges the banking industry to keep a balanced message when making any recommendations to its customers and recognise the important role British farmers and growers have in the transition towards a sustainable economy and the work they are doing, and will continue to do, to facilitate this movement.

The NFU says oversimplified messages miss the nuance of the path to a sustainable food system, and have highlighted the damage such recommendations could do to the British red meat and dairy sectors, adding that NatWest has recognised its concerns and the view that such recommendations do not support British agriculture and hugely oversimplify a very complex message.

The NatWest Agriculture team has assured the NFU that they are working closely with the Digital Banking team to ensure that a more balanced message is provided via its app.

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