Consumer Goods Forum members aim to cut food waste in half by 2025.
- Food waste is a continuing problem, with the United Nations’ Food and Agriculture Organization (FAO) estimating that 1/3 of food produced worldwide is either wasted or lost along the supply chain.
- The Consumer Goods Forum (CGF) — which includes more than 400 major manufacturers and retailers (e.g., Nestle, Unilever) — has openly committed to halving food waste over the next 10 years. The CGF has created a toolkit to assist members with achieving this goal.
- Although battles over companies’ “natural,” “organic,” or “GM” profiles surely will continue to wage in the marketplace, initiatives like this remind us of the potential market value of sustainability too.