A new global coalition, which includes Tesco and Unilever, has been launched to tackle food waste at the World Economic Forum in Davos.
Made up of 30 government, business and civil society leaders from around the globe, the group have called themselves Champions 12.3 after Target 12.3 of the UN Sustainable Development Goals. This aims to halve food waste and reduce food loss globally by 2030.
According to their launch statement, nearly one third of all food is lost or wasted globally, costing $940 billion per year. It also accounts for about 8 percent of annual global greenhouse gas emissions and contributes to hunger. Lost and wasted food also consumes about one quarter of all water used by agriculture, and requires cropland area the size of China.
The coalition will be chaired by Dave Lewis, group chief executive, Tesco and includes WRAP chief executive Liz Goodwin and Unilever CEO Paul Polman.
