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

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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.

Collaborators

Atticus Trust

Ahearn Family Foundation

Local Economies Project New York City

Solutions across the Food Recovery Hierarchy

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

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:

KEY TAKEAWAYS

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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