Waste and loss are prevalent throughout the food industry. One third of all food is lost or wasted1, and the waste is spread throughout the entire value chain – from agriculture and rearing, through production, transportation, storage and in the kitchens of final consumers.
Sustainable Development Target 12.3 aims to “halve per capita global food waste at the retail and consumer levels and reduce food losses along production and supply chains2.” As an estimated 14% of the world’s food is lost in production before it reaches the retailer, reaching this target would lead to a significant amount of nutrition staying in the food production cycle3.
Addressing this target would contribute to several dimensions of the 2030 Agenda, such as reducing food insecurity and hunger, improving freshwater availability, addressing climate change, and protecting ecosystem sustainability.
For Roberto Franchitti, Executive Vice President for Services, addressing this goal is vital for several reasons. “Waste reduction is a moral imperative,” he says, “especially when it comes to food loss. Wasting or losing food ultimately contributes to food shortages, so everyone in the industry has an obligation to play a part.”
He also emphasizes the fact that reducing inefficiency and waste almost always brings business benefits as well. “I can’t think of any examples that we’ve been involved in, where there hasn’t been a business case for investing in efficiency and waste reduction,” he concludes.
1. World Bank. Addressing Food Loss and Waste: A global Problem with Local Solutions (2020).
2. UN General Assembly. Transforming our world: The 2030 Agenda for Sustainable Development. (2015).
3. FAO. Indicator 12.3.1 – Global Food Loss and Waste.
4. Ishangulyyev, R., Kim, S. & Lee, S. H. Understanding Food Loss and Waste – Why Are We Losing and Wasting Food? Foods 8,297 (2019).
5. This means creating cartons that are fully made of renewable or recycled materials, that are responsibly sourced, therefore helping protect and restore our planet's climate, resources and biodiversity; contributing towards carbon-neutral production and distribution; are convenient and safe, therefore helping to enable a resilient food system; are fully recyclable.