Backing the First Global Standard to Fight Food Waste
Nestlé has played a key role in developing the first global standard to help companies and governments reduce food loss and waste. Food loss and waste costs the global economy US$940 billion per year, and generates around 8% of the world’s greenhouse gas emissions.
Launched at the 3GF Global Green Growth Forum in Copenhagen, the Food Loss and Waste Accounting and Reporting Standard was developed by the multi-stakeholder Food Loss and Waste Protocol.
Members of this partnership include the Consumer Goods Forum (of which Nestlé is a key member), the United Nations Food and Agriculture Organization (FAO) and the World Resources Institute.
In January 2016, Nestlé CEO Paul Bulcke joined a new coalition, Champions 12.3, to accelerate progress towards fulfilling United Nations Sustainable Development Goal (SDG) Target 12.3 on food waste.
Nestlé is working towards zero waste for disposal at all its sites, just one of the Swiss group’s commitments to environmental sustainability.
Since 2005, the company has reduced total waste for disposal from the 436 Nestlé factories by 62%. At the end of 2015, 105 Nestlé factories (22%) achieved zero waste for disposal. Nestlé has committed to achieve zero waste for disposal in all its sites by 2020.
