Disclaimer:© 2024. Meat & Livestock Australia. ABN 39 081 678 364. Care has been taken to ensure the accuracy of the information contained in this publication. However, MLA , MDC and ISC (“MLA Group”) do not accept responsibility for the accuracy, currency or completeness of the information or opinions contained in this publication. This publication is intended to provide general information only and it has been prepared without taking into account your specific circumstances, objectives, or needs. Any forwardlooking statements made within this publication are not guarantees of future performance or results, and performance or results may vary from those expressed in, or implied by, any forward-looking statements. No representation, warranty or other assurance is given as to the fairness, accuracy, completeness, likelihood of achievement or reasonableness of forward-looking statements or related assumptions contained in the publication. You should make your own enquiries before making decisions concerning your interests. Your use of, or reliance on, any content is entirely at your own risk and the MLA Group accepts no liability for any losses or damages incurred by you as a result of that use or reliance. MLA acknowledges the matching funds provided by the Australian Government to support the research and development detailed in this Annual Report.

Investments

Measuring the efficiency and effectiveness of MLA’s investments

All MLA programs are evaluated on a regular basis using a comprehensive Triple Bottom Line (TBL) evaluation framework. This allows MLA to calculate investment returns in a systematic and timely basis rather than relying on a five-year evaluation cycle, as well as the ability to continuously monitor the timing and value of the economic, social and environmental benefits derived from MLA’s investments.

MLA’s TBL evaluation includes reporting on the direct benefits to MLA stakeholders (within the red meat industry), as well as the second-round benefits to the Australian community (consumers, non-red meat industry sectors etc) arising from MLA investments.

As part of the framework, MLA has also developed a comprehensive greenhouse gas model for the red meat industry. This allows MLA to model the potential or actual emissions reduction from its environmental investments in carbon or methane-reducing products and track progress towards the industry target of carbon neutrality by 2030 (CN30).

MLA TBL evaluation framework is embedded within MLA’s planning, project selection and reporting processes, so as to maximise the impacts from MLA’s investment portfolio.

Table: Triple Bottom Line framework – how MLA contributes to economic, environmental and social impact through its investments

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