Food Retailers, Manufacturers Back New Food Waste Reporting Protocol

Swiss food manufacturer Nestle and British retail grocery chain Tesco have announced support for new international reporting requirements for food loss and waste. A Nestle representative called the reporting standards “a massive, global step in fighting food loss and waste.” The World Resources Institute (WRI) said food loss and waste globally costs $940 billion a year; food loss generates about eight percent of global greenhouse gas emissions. Using the standard, countries and companies will be able to quantify how much food is lost and wasted and where. They will also be able to report on it credibly and consistently. Other major companies backing the standard individually, or through the Consumer Goods Forum, include Australia’s Woolworths and Unilever.