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Companies Save $14 for Every $1 Invested in Reducing Food Waste

Companies Save $14 for Every $1 Invested in Reducing Food Waste

The types of investments companies made include: quantifying and monitoring food loss and waste, training staff on practices to reduce waste, changing food storage and handling processes, changing packaging to extend shelf-life and changing date labels.

AgTech Used by Walmart Farms Receives $7 Million Investment

AgTech Used by Walmart Farms Receives $7 Million Investment

Ag-tech firm Prospera today said it has received a $7 million investment that it will use to bring artificial intelligence to agriculture. Farms that supply some of the largest grocery retailers in the US and Europe, including Walmart, Tesco, Sainsburys and Aldi, use Prospera’s technology, the company says. Bessemer Venture … Read more »

Why Leading Global Companies Are Using a New Food Waste Standard to Reduce Waste

Why Leading Global Companies Are Using a New Food Waste Standard to Reduce Waste

Food loss and waste costs businesses billions of dollars each year and it generates about 8 percent of global greenhouse gas emissions, accounting for the carbon footprint of food produced and not eaten. This means if food waste was a country, it would be the third-largest greenhouse gas emitter on … Read more »

Davos: Nestlé, Unilever CEOs Join Food Waste Reduction Coalition

Davos: Nestlé, Unilever CEOs Join Food Waste Reduction Coalition

A coalition to reduce food waste made up of CEOs of major companies, government officials, heads of nonprofits and others formed today at the World Economic Forum meeting in Davos, Switzerland. The coalition, called Champions 12.3, aims to accelerate progress toward meeting Target 12.3 of the UN Sustainable Development Goals … Read more »

M&S Not Acting Fast Enough to Phase Out HFCs, Report Says

M&S Not Acting Fast Enough to Phase Out HFCs, Report Says

Marks & Spencer isn’t acting fast enough to phase out hydrofluorocarbons (HFCs) — a major source of GHG emissions — from its refrigerators and install fitted doors on them, according to a report from the Environmental Investigation Agency. The London-based group, in its annual Chilling Facts report, labels other UK … Read more »

Major Firms to EU: Adopt ‘Robust’ 2030 Climate Policies

Major Firms to EU: Adopt ‘Robust’ 2030 Climate Policies

Unilever, Ikea, Royal Dutch Shell, Coca-Cola Enterprises and General Electric are among the 57 global companies, funds and associations that have signed a letter to support a “robust 2030 energy and climate policy framework and energy security strategy that is fully in line with Europe’s long-term climate objectives and that … Read more »

Sustainable Seafood Coalition

Seafood Businesses Agree to Consistent Environmental Labeling, Sourcing

The Sustainable Seafood Coalition (SSC), a coalition of major seafood suppliers, brands, supermarkets and restaurants has published two codes of conduct guiding their environmental labeling and sourcing policies. One code is designed to give consumers certainty about what environmental claims on fish and seafood mean, while the second will ensure … Read more »

Retailers Make ‘Minimal Progress’ on Carbon Targets

Retailers such as Carrefour, Costco, Ikea, Tesco and Walmart should aim for more comprehensive carbon disclosures and collaborate to define meaningful GHG emissions reduction strategies for the industry, according to Verdantix. The analysis of GHG emissions by Verdantix, Carbon Strategy Benchmark: Retail Sector, covers grocery retailers Aeon, Carrefour, Costco, John Lewis, … Read more »

flexible packaging

Coke, Tesco, Receive Defra Funds to Boost Packaging Recycling

Coca-Cola Enterprises, Tesco and Nestlé UK & Ireland are among the companies that have received funding from the UK Department for Environment, Food and Rural Affairs (Defra) to develop viable approaches for collecting flexible packaging materials containing aluminum, such as toothpaste tubes and pet food sachets (pictured), to improve recycling … Read more »

Tesco rail

Tesco Slashes Transport Emissions

Tesco has cut transport emissions per case delivered by as much as 14 percent in the UK in the last two years, on top of a 50 percent reduction achieved between 2006 and 2012. The UK retailer, which has set a goal to be a zero-carbon business by 2050, has … Read more »

Retailers Pledge 25% Reduction in CO2 Emissions

Retailers Pledge 25% Reduction in CO2 Emissions

Members of UK retail industry body the British Retail Consortium including McDonald’s, Asda and Sainsbury’s have pledged to reduce their absolute carbon emissions from retail operations 25 percent by 2020 based on 2005 levels as part of a raft of environmental targets covering waste, transport, resource efficiency in buildings, water and refrigeration. The other  … Read more »