Campbell's And Partners Receive $3.4M U.S. Department Of Agriculture Grant To Support Sustainable Tomato-Growing Practices In California
Portfolio Pulse from Benzinga Newsdesk
Campbell Soup Company has received a $3.4 million grant from the USDA to promote sustainable tomato-growing practices in California. The project aims to reduce greenhouse gas emissions, improve soil health, and enhance water stewardship and farm profitability.
October 28, 2024 | 6:04 pm
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Campbell Soup Company has been awarded a $3.4 million USDA grant to support sustainable tomato-growing practices in California, which could enhance its corporate responsibility profile and potentially improve its supply chain resilience.
The USDA grant supports Campbell's sustainability initiatives, which can improve its brand image and operational efficiency. This aligns with growing consumer and investor interest in sustainable practices, potentially boosting CPB's stock in the short term.
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