The shift to Paris-aligned diets and investor risk in the UK retail sector (Feedback)

This report contains a "KEY MESSAGES" section which serves as an executive summary.

Here is the "KEY MESSAGES" section, reproduced exactly as it appears in the report:

• Food retailers face a new climate and sustainability front: in order to meet net zero goals, the UK must reduce meat and dairy consumption by least 50% by 2030 and beyond.
• Yet, currently, the majority of retailers are failing to face up to both long- and short-term physical and transitional climate risks associated with their meat and dairy sales.
• As markets continue to price climate risk into the value of equity securities, setting and meeting ambitious and accountable science-based targets on product emissions will become a bellwether of a retailer's long-term viability.
• Investors have the opportunity to review potential retail investments in Feedback's Meat and Climate Scorecard to assess their responsiveness to supply chain and regulatory risk.