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    Online Exclusives

    Global Standard to Measure & Manage Food Loss & Waste

    New international framework launched to empower businesses, governments and other groups.

    Global Standard to Measure & Manage Food Loss & Waste
    06.07.16
    A partnership of leading international organizations has launched the Food Loss and Waste Accounting and Reporting Standard at the Global Green Growth Forum (3GF) 2016 Summit in Copenhagen. The standard is the first set of global definitions and reporting requirements for companies, governments and others to measure, report on and manage food loss and waste. The standard comes as a growing number of entities are making commitments to reduce waste.

    An estimated one-third of all food is lost or wasted worldwide; meanwhile, more than 800 million people are undernourished. Globally, food loss and waste costs up to $940 billion per year. It also generates about 8% of global greenhouse gas emissions.

    “This standard is a real breakthrough,” said Andrew Steer, president and CEO, World Resources Institute. “For the first time, armed with the standard, countries and companies will be able to quantify how much food is lost and wasted, where it occurs, and report on it in a highly credible and consistent manner. There’s simply no reason that so much food should be lost and wa

    Continue reading this story and get 24/7 access to Nutraceuticals World for FREE


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