Sustainability guidelines for the food industry

By: Trademagazin editor Date: 2024. 03. 22. 12:14

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While the majority of food companies agree that sustainability is a top business priority, most find it challenging to achieve it. 86% of executives say sustainability helps their company to cope with market and other disruptions, and investing in it also helps to optimise and reduce costs. 65% of US consumers say they want more sustainable food and are willing to pay a higher price for such products.

This article is available for reading in Trade magazin 2024/2-3

However, while nearly 8 in 10 US companies say they have plans to go carbon neutral and achieve net zero CO2 emissions, 4 in 10 claim they have no sustainability strategy or implementation plan.

Kayalin Akens-Irby, head of growth at Planet FWD told: in partnership with Climate Collaborative, they have developed a set of guidelines, titled “Climate Action and Innovation Matrix”, to provide companies – regardless of size – with insights into what proven sustainability programmes look like in practice and the steps needed to implement them. Five key steps have been identified: Measurement, Commitment, Action, Public Disclosure and Communication. //