Consultancy Says Businesses, Governments Should Partner On Food Waste

August 19, 2018: 12:00 AM EST

According to a report by the Boston Consulting Group (BCG), aggressive action by companies, agricultural players, governments, and others can significantly reduce a global food waste problem expected to hit 2.1 billion tons – worth $1.5 trillion – through 2030. Five key drivers of the problem include: lack of awareness by consumers and others; inadequate supply chain infrastructure; supply chain inefficiency; a lack of collaboration within the food value chain; and poorly designed tax and regulatory policies. The report suggests 13 concrete initiatives companies can take to help combat the problem, addressing a major societal challenge while delivering business value. [Image Credit: © Sporkist | Wikimedia Commons]

"A Coordinated Global Offensive Can Reduce Annual Food Loss and Waste by $700 Billion", The Boston Consulting Group, August 19, 2018, © The Boston Consulting Group

Domains

FOOD BUSINESS NEWS
News
Waste
Trends

Geographies

Worldwide
North America
United States of America

Consultancy Says Businesses, Governments Should Partner On Food Waste

Domains

Geographies

Categories

See also: