percent of sites had a positive return on their investment in food loss and ... Food loss and waste produces 8% of global greenhouse ... IMPROVE REPUTATION.
Why Reduce Food Loss and Waste? ONE-THIRD of the food the world produces ultimately goes uneaten, costing the global economy $940 billion a year. Countries, companies, cities and households that reduce this "food loss and waste" can reap significant benefits:
SAVE MONEY An analysis of 1,200 sites across 700 companies in 17 countries found that 99 percent of sites had a positive return on their investment in food loss and waste reduction, and half of the sites had a return greater than 14-fold.
COMPANIES
+
– EVERY
YIELDED
$1 $14
INVESTED
IN RETURN
Measuring waste Training staff Improving inventory management Changing packaging
Selling imperfect produce Creating new products Reducing waste management costs Avoiding cost of food not sold
The average UK household discards £700 of edible food each year. Country- and city-led efforts to reduce this waste led to big savings for consumers and local authorities.
LONDON
UNITED KINGDOM –+ EVERY
–+
YIELDED
EVERY
£1 £250
INVESTED
YIELDED
£1 £92
IN RETURNS
INVESTED
FIGHT HUNGER
IN RETURNS
CURB CLIMATE CHANGE
The world throws out 1 billion tons of food each year while 1 in 9 people globally remain malnourished.
Food loss and waste produces 8% of global greenhouse gas emissions; if it were its own country, it would be world’s third-largest emitter.
10.7
GT CO2e
5.8
GT CO2e
CHINA
CONSERVE RESOURCES
U.S.
4.4
GT CO2e
FOOD LOSS & WASTE
IMPROVE REPUTATION
It takes land the size of China to grow food that's ultimately lost or wasted.
Reducing food loss and waste improves relationships with customers, vendors and other stakeholders.
COMPLY WITH LAWS
UPHOLD ETHICS
Food is sometimes included in waste disposal regulations, providing a legal incentive.
Executives, staff and consumers recognize preventing and reducing food loss and waste is "the right thing to do."
TAKE ACTION 1
2
3
TARGET
MEASURE
ACT
Set a goal that aligns with Sustainable Development Goal Target 12.3 to halve food waste and cut food loss by 2030
Measure food loss and waste to understand how much, where and why it is occurring, and monitor progress over time
Start implementing practices, programs and policies that reduce food loss and waste
Champions 12.3 is a coalition of leaders from government, business and civil society dedicated to inspiring ambition, mobilizing action and accelerating progress to achieve Target 12.3 of the United Nations’ Sustainable Development Goals. Find out more: www.champions123.org
