Page 12 - Australian Pork Newspaper

APL roadmap to reducing carbon and waste
WHILE international climate talks run in Glasgow, Australian Pork Limited remains focussed on its sustain- ability goals towards a thriving pork industry into the future.
vides steps for producers starting with terminology definitions, determining baseline emissions, under- standing potential reduc- tion strategies and ways to measure and market achievements.
green energy provider using hydro or renewables, or investing in these on farm.
provide detailed feasibility assessments for mixed feedstocks, carbon credit potential, physical and capital requirements and benefit cost assessment.
Community research has indicated that strong commitments showing the pork industry is pro- gressive in this space are needed.
The roadmap links the options and technologies available according to the size and type of farm.
The new suite of tools includes self-audit check- lists to help interpret en- ergy costs and understand energy needs to decide whether changing power sources is beneficial.
When finalised, the tool will provide another means to assess whether biogas generation is a good fit for a business after completing the en- ergy self-assessment.
Therefore, creating change in environmental management is an enor- mous challenge and op- portunity.
These include everyday options such as improving production and feed ef- ficiency, to larger changes in manure management and pig nutrition.
APL has also commis- sioned two solar calcula- tors – solar voltaic and solar thermal – to help producers assess the vi- ability of solar for their business.
As these assessment methodsbecomemoreac- cessible, more producers are choosing to invest in biogas generation to re- duce energy costs and their carbon footprint.
Despite already using less water and emitting less carbon than other red meat industries, there is more to be done.
Another roadmap fo- cussed on closing the loop on waste is the next step to help industry seize further opportunities.
APL is also part of the Waste to Profit pro- ject – bringing together stakeholders from across Australia’s animal indus- tries and technology, re- search and development providers.
Keep an eye on the weekly APL update e- newsletter to access these new tools as they become available.
APL has developed a low carbon emissions roadmap for the pork industry, pro- viding strong technical foundations for the actions we put in place to drive down carbon emissions.
With energy consump- tion playing such a large part in carbon emissions, APL is delivering new tools for producers to make accessible and real- istic reductions.
This project is focussed on optimising anerobic digestion technology and is currently beta-testing a new tool – A DAdvisor.
Contact Rowena Davis if you would like support in your journey of emissions and energy reduction, ro wena.davis@australian pork.com.au or 0447 099 397.
The roadmap pro-
These could be as simple as switching to a new
The new tool aims to
APL’s product integrity projects
AS part of its statu- tory funding agree- ment with the Com- monwealth Govern- ment, Australian Pork Limited is required to prepare and maintain an evaluation frame- work in line with its research, development and extension pro- gram framework.
• The investment in these eight projects represented approxi- mately 85 percent of investment across all ten projects analysed.
In 2021, APL con- tracted AgTrans Re- search to examine the economic, environ- mental and social im- pacts of its investment in product integrity RD&E projects.
The second analysis compared the first analysis to the total investment in all 10 projects studied, which slightly lowered the in- vestment criteria.
Across the 10 projects evaluated as part of the APL product integrity investment, seven im- pact categories were identified.
• When compared to the same value of ben- efits from the eight pro- jects – $4.51 million PVB – the investment produced an estimated NPV of $3.62 million, a BCR of approxi- mately 5.1 to 1, an IRR of 31.3 percent, and a MIRR of 10.9 percent
However, due to the scope of the project only three were valued in monetary terms.
• These investment criteria likely repre- sent the minimum performance of the investment in the APL product integrity RD&E program.
These three values are:
• An increase in industry-wide profit- ability
Based on these two analyses the BCR for the total investment in all 10 projects lies somewhere between 4.8 and 6.8 to 1.
• A reduction in pro- cessing costs
• An improvement in consumer health and wellbeing.
Two sets of analyses were conducted.
These results suggest that APL product in- tegrity project invest- ment has delivered positive benefits to the Australian pig industry and other industry stakeholders.
The first analysis focussed on the eight out of 10 projects that contributed to the three impact types men- tioned above.
Results include:
Further, as only three of seven impacts were able to be valued mon- etarily within the scope of this assessment, these results likely underestimate APL product integrity in- vestment performance.
• Funding totalled approximately $0.66 million with expected benefits of $4.51 mil- lion
• Estimated net pre- sent value of $3.85 mil- lion, a benefit-cost ratio of 6.8 to 1, an internal rate of return of 35.5 percent and a modified internal rate of return of 12.1 percent
If you have any questions about this analysis, or the APL product integrity in- vestment, contact APL program manager in- tegrity systems Dr Vai- bhav Gole on Vaibhav. Gole@australianpork. com.au or 0436 934 763.
• These investment criteria likely repre- sent the maximum performance of the investment in the APL product integrity RD&E program
This resulted in:
• Funding totalled approximately $0.88 million
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Page 12 – Australian Pork Newspaper, November 2021
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