While enteric methane emissions are a major source of global greenhouse gas (GHG) emissions, grazing livestock can play a critical role in managing and restoring natural landscape function to combat climate change, while also improving the productivity, resilience, and biodiversity of natural ecosystems.
In the fifth episode of Navigating to Net Zero, host Rebecca Darst talks with Paul McDougall, Paraway Pastoral Company Limited's [Paraway] Natural Capital Manager, about how Paraway and other Australian farmland managers are leveraging the livestock and natural assets they manage to decarbonise their operations in a sustainable way and in line with the UN Climate Change Conference (COP21) Paris Agreement goal of limiting global temperature rise to 1.5 degrees Celsius above pre-industrial levels.
Paul McDougall, Natural Capital Manager, Paraway Pastoral Company Limited
Paul McDougall joined Paraway in 2018 and is responsible for managing the natural capital team, which is focused on sustainable and profitable agriculture practices by promoting animal welfare, environmental stewardship, and climate action. Since joining Paraway, Paul has overseen the world’s first beef herd emissions reduction project. He is also co-chair of the Livestock Industry Emissions Reduction Working Group and a member of the Australian Beef Sustainability Framework Consultative Committee.
About Paraway Pastoral Company Limited
Paraway Pastoral Company Limited operates large-scale sheep and cattle enterprises across Australia and is one of the country’s largest owners of pastoral land, with total combined holdings of more than 4.4 million hectares. Paraway has purchased more than 35 properties and has aggregated them into 27 pastoral businesses. The company raises and manages 220,000 cattle and 250,000 sheep, as well as a mixture of dryland and irrigated crops. Learn more about Paraway here.*
Episode content recorded November 2022.
Hear unique insights from leaders on their businesses' decarbonisation challenges and the practical climate solutions they are implementing.
*The link included on the page directs you to a website not controlled by Macquarie Asset Management (MAM). MAM is not responsible for the content of the website you are about to visit. This link is provided solely for information purposes and inclusion should not be construed as endorsement or adoption of any subsequent presentation, information, or materials, unless expressly noted otherwise. Investment strategies mentioned may not be suitable for all clients.
These recordings are intended for financial professionals and institutional investors only. This is not intended for use with the general public.
The views expressed in this podcast represent those of the speaker and are subject to change. Nothing presented should be construed as a recommendation to purchase or sell any security or follow any investment technique or strategy, and does not constitute advice, an advertisement, an invitation, a confirmation, an offer or a solicitation to engage in any investment activity, or an offer of any banking or financial service.
This information is a general description of Macquarie Asset Management only. Before acting on any information, you should consider the appropriateness of it having regard to your particular objectives, financial situation and needs and seek advice. Some products and/or services mentioned on this website may not be suitable for you and may not be available in all jurisdictions.
Investing involves risk, including the possible loss of principal. All examples herein are for illustrative purposes only and there can be no assurance that any particular investment objective will be realized or any investment strategy seeking to achieve such objective will be successful. Past performance is not a reliable indication of future performance.
No representation or warranty, expressed or implied, is made as to the accuracy or completeness of the information, opinions and conclusions presented. In preparing this recording, reliance has been placed, without independent verification, on the accuracy and completeness of all information available from external sources.
Macquarie Asset Management (MAM) is the asset management division of Macquarie Group. MAM is a full-service asset manager offering a diverse range of products across public and private markets including fixed income, equities, multi-asset solutions, private credit, infrastructure, renewables, natural assets, real estate, and asset finance. The Public Investments business is a part of MAM and includes the following investment advisers: Macquarie Investment Management Business Trust (MIMBT), Macquarie Funds Management Hong Kong Limited, Macquarie Investment Management Austria Kapitalanlage AG, Macquarie Investment Management Global Limited, Macquarie Investment Management Europe Limited, and Macquarie Investment Management Europe S.A.
Other than Macquarie Bank Limited ABN 46 008 583 542 (“Macquarie Bank”), any Macquarie Group entity noted in this document is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these other Macquarie Group entities do not represent deposits or other liabilities of Macquarie Bank. Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these other Macquarie Group entities. In addition, if this document relates to an investment, (a) the investor is subject to investment risk including possible delays in repayment and loss of income and principal invested and (b) none of Macquarie Bank or any other Macquarie Group entity guarantees any particular rate of return on or the performance of the investment, nor do they guarantee repayment of capital in respect of the investment.
© 2023 Macquarie Group Limited