creating a roadmap for finding value in food waste reduction november 17, 2015 1

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CREATING A ROADMAP FOR FINDING VALUE IN FOOD WASTE REDUCTION November 17, 2015 www.ReFED.com 1

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Page 1: CREATING A ROADMAP FOR FINDING VALUE IN FOOD WASTE REDUCTION November 17, 2015  1

CREATING A ROADMAP FOR FINDING VALUE IN FOOD WASTE REDUCTION

November 17, 2015

www.ReFED.com

1

Page 2: CREATING A ROADMAP FOR FINDING VALUE IN FOOD WASTE REDUCTION November 17, 2015  1

ReFED: A National Roadmap to Reduce Food Waste

Solutions evaluated based on impact, feasibility, and cost-effectiveness.

Targeted recommendations for NGOs, Foundations, Corporations, Municipalities, Policy Makers, Entrepreneurs and Investors.

Page 3: CREATING A ROADMAP FOR FINDING VALUE IN FOOD WASTE REDUCTION November 17, 2015  1

Collaborators

Atticus Trust

Ahearn Family Foundation

Local Economies Project New York City

Page 4: CREATING A ROADMAP FOR FINDING VALUE IN FOOD WASTE REDUCTION November 17, 2015  1

Solutions across the Food Recovery Hierarchy

Page 5: CREATING A ROADMAP FOR FINDING VALUE IN FOOD WASTE REDUCTION November 17, 2015  1

Food Waste Solutions

Category1. Packaging2. Sales and Operations Planning 3. Efficient Supply Chain4. Product Specifications5. Cafeteria Platters6. Recovery Policy7. Donation Infrastructure & Transport8. Compost Reuse9. Pre-Treatment for Reuse10. Clean Energy Reuse

Page 6: CREATING A ROADMAP FOR FINDING VALUE IN FOOD WASTE REDUCTION November 17, 2015  1

The Opportunity: 50% Reduction in Food Waste

On September 16, 2015, the U.S. announced a goal to:

Reduce Food Waste 50% by 2030

30% Reduction:

• Achievable• Cost Effective• No major policy changes

50% Reduction:

Achievable, but requires transformational change in policy, consumer behavior and innovation.

ReFED’s analysis highlights the path to a 30% - 50% reduction:

Page 7: CREATING A ROADMAP FOR FINDING VALUE IN FOOD WASTE REDUCTION November 17, 2015  1

KEY TAKEAWAYS

$

Moving the needle will require Transformational Change

Food Waste can be reduced by at least 30% by unlocking the positive underlying economics of food waste to drive philanthropic and impact investment funding to catalyze a new food recovery economy

Innovative financing solutions are needed across the supply chain

Most food waste reduction activity is in the early adopter phase

Companies have many pre-competitive solutions and can create value through collaboration