A recipe for reducing food waste in retail

Start dramatically cutting food waste in the supply chain

With costs estimated at a trillion dollars every year, food waste is a massive issue. One-third of all food is wasted, harming the climate, biodiversity, and consumers. Now, that’s all about to change.

Until recently, food waste seemed like an unavoidable part of the system. Today, new solutions are making it possible to illuminate the entire value chain, enabling everyone from farmers to retailers to coordinate on a scale never before possible. Our new report takes a sweeping look at the challenges and ultimately the advantages of reducing food waste.

Mounting pressure

From every direction, pressure to reduce food waste is mounting.

• Governments are enacting new food waste regulations, with a target of cutting 50% of food waste by 2030.
• Consumers are demanding less waste from retailers, and they’re rewarding retailers who make the effort.
• Retailers themselves have been stepping up their commitments to reducing food waste – and they’re already seeing a return on their investment.

Inefficiencies at this scale need to end – many retailers are already reaping the benefits of reducing food waste. Our report provides an overview of the landscape today.