Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Tesco Own-Label Suppliers Commit To Food Waste Transparency

September 21, 2017: 12:00 AM EST
Major own-label food suppliers to British supermarket chain Tesco have agreed to start publishing their food waste data within the next year. CEO Dave Lewis called the commitment by 24 of the company’s biggest suppliers “pivotal.” Lewis said he believed that many other suppliers and retailers would follow suit in the next weeks and months. Suppliers were apparently influenced by a WRAP organization report in March that showed investments in curbing food waste earned positive returns. For every £1 invested in reducing food waste, WRAP reported, half the business sites had at least a £14 return. WRAP is a nonprofit organization whose vision is a world where resources are used sustainably. [ Image credit: © Tesco  ]
Ian Quinn, "Tesco CEO Hails Waste Agreement with Two Dozen Suppliers a 'Pivotal Moment'", The Grocer, September 21, 2017, © William Reed Business Media Ltd
Domains
RETAIL BUSINESS
Market News
Other
Trends
Geographies
Worldwide
EMEA
Europe
United Kingdom
Categories
Companies, Organizations
Retail
Trends
Developed by Yuri Ingultsov Software Lab.