Thank You Rory and thank you everyone for having us here today I’m a special thanks to board BIA and ER bs for hosting we we really appreciate the wonderful efforts that have been been put to this conference the us roundtable is made up of 111 industry leaders who represent 30 percent of our cattle herd 20 billion pounds of.

A hundred million consumers our main progress to date has been focused on the development of our sustainability.

Framework which we’ve been working on since our launch in 2015 to date we.

Have gone through five internal public comments on this framework receiving 1,200 specific in internal comments and have gone to public comment period through the first comment period we’ve received 450 comments and we’re currently in the process of updating the framework to prepare for our second comment period which we hope to launch in early December so I wanted to walk you through the six high-priority indicators in the US or another way.

To look at that would be how we define the.

Most significant focus areas as it relates to beef sustainability those are team member health and safety water resources efficiency and yield air and greenhouse gas emissions land resources and.

Animal health and welfare and those are built on the foundations of the GRS Bea’s principles and criteria now as we all know every sector of the beef value chain can impact and influence those indicators in different ways so to help facilitate that we developed 51 metrics and so these metrics are really enabling each sector of the value chain chain to impact those six priority areas in the best way that they can so I wanted to provide you an example so we’ll use our water resources indicator.

To talk a little bit about how the cow-calf sector has approached it and then how the processing sector has approached that so one of the metrics that would inform the cow-calf indicators so how a cow-calf operator would improve their water resources is the.
Development of a grazing management plan that’s different than how.

A processor would influence water resources and so we’ve developed a.

Metric for a processor which might include the development of.

A water recycle or reuse program so the metrics they’re they’re pretty consistent across our priority indicators we have nine metrics that inform each priority indicator with the exception of land resources which has six now the big question then.

Became how do we inform the metrics and so we developed 27 sustainability assessment guides and this is really the how-to the why so.

In this space I wanted to use the.

Same example to help make it a little more real so if we go back to the grazing management plan that the cow calf sector developed for their water resources indicator they then developed a sustainability assessment.

Guide to help them implement a grazing management plan so that assessment guide would include the highest priority impacts or efforts related to developing a.

Grazing management plan and in the processor sector we provided additional details on how to implement a water reuse or recycling program so similarly they’re spread relatively evenly across um six in each category and with the exception of auction markets which have three sustainability assessment guides so we’re currently testing the framework and 11 different pilot and research projects eight of those are.

Within the cow-calf sector one in the auction market sector eight touched the feed yards three impacter and processor in two in the retail sector so it is a complete supply chain and framework and program and Ashley will be going through all of those in the breakout sessions to follow so we have a lot of what’s next we’re currently really in the process of responding to the more than four hundred and.

Fifty comments we received during public comment and we’ll and are preparing.

To go to a second launch in early December we plan to officially launch our framework in early May and.

That will come with a complete array of self-assessment tools.

And a supply chain recognition program then we will shift gears and focus on outreach and uptake and develop additional pilot projects and then finally and develop a plan for regular review so with that I’d like to personally invite each of you to our General Assembly meeting which will be held in late April and early.

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