An estimated 1/3 of all food produced globally is lost or goes to waste, while millions in the world do not have enough to eat. At the same time, food loss and waste contribute to food shortage, water stress, biodiversity loss and increased greenhouse gas emissions.
As a food and beverage manufacturer, F&N wants to optimise our position to minimise food wastage throughout our entire value chain.
With that, we are committed to reducing global food loss/waste by:
- Reducing food loss throughout our value chain, from sourcing, manufacturing and logistics
- Reducing our production waste to landfill by 30% by 2025
- Collaborating with our business partners to reduce food waste
Our framework for managing food loss and waste is guided by the Food and Drink Material Hierarchy from the Food and Agriculture Organization of the United Nations. Together with upstream and downstream partners in our value chain, we will focus on Prevention, Optimization, Recycling and Recovery initiatives to minimise food wastage along our value chain.