Home » Resource Database Case Study Perfect Day Milks Millions in Animal-Free Dairy Market Authoring Organisation BloombergNEF Publish Date October 2024 Geography United States of America Download Case Study (Perfect Day Milks Millions in Animal-Free Dairy Market)(This link will take you to an external website) About this Case StudyThis case study presents Perfect Day’s animal-free whey protein, a product for the growing market of alternative milk. The company’s approach significantly reduces greenhouse gas emissions, water and land use compared to conventional dairy production. Key outcomesCompared to dairy milk, Perfect Day's protein equivalent to 1L of milk has 96% lower GHG emissions and 99% less freshwater withdrawals. Perfect Day has raised a total of USD 801 million over eight rounds from 16 different investors, valuing the company at USD 1.6 billion. Notable investors include Temasek, ADM Ventures and various family offices. Download Case Study (Perfect Day Milks Millions in Animal-Free Dairy Market)(This link will take you to an external website) Related resources Gradiant’s Treatment Tech Draws Water-Stressed Industrials BloombergNEF | October 2024Location: United States of AmericaCase Study Gradiant, a spin-out from the Massachusetts Institute of Technology, has developed technology that optimises wastewater treatment. This case study explores the financial and nature-related opportunities of the company. Doing business within Planetary Boundaries This report deep-dives into specific aspects of corporate reporting, nature-related risk assessments and sustainable investments that need reconsideration if we are to deliver on sustainability ambitions. Forico Harvests $670 Million with Sustainable Forestry BloombergNEF | October 2024Location: AustraliaCase Study This case study shows how Forico, a large private forestry manager, integrates sustainable practices in Tasmania to enhance biodiversity and carbon sequestration. Through its dual approach of timber production and land conservation, Forico supports biodiversity while generating carbon credits - its... Related publications Discussion paper on nature transition plans Related webinars Getting Started with the TNFD Recommendations: A practical pathway towards nature-related corporate reporting November 21, 2023 (Updated: January 25, 2024) This webinar highlights how organisations can get started with the TNFD Recommendations. It features the Taskforce members who led the development of the TNFD’s Getting Started guidance and a key pilot tester – and digs into the...