EU Food Loss and Waste Prevention Hub

Over the last few years, several of the world's largest food retailers and suppliers have committed to the United Nations "Sustainable Development Goal Target 12.3, which aims to halve per capita global food waste at the retail and consumer levels and to reduce food losses along production and supply chains (including post-harvest losses) by 2030. Among them are industry leaders such as Tesco, Carrefour and Walmart. They have committed to reducing food loss and waste in their operations and in those of their priority suppliers. In addition, they have joined a new initiative called 10x20x30, which brings together 10 of the world's largest food retailers.

Our in-depth analysis of leading grocery retailers reveals that the hidden costs of food waste are enormous, even at the best-performing chains. The upside is that reducing food waste is highly achievable. Our analysis indicates that retailers that have set performance targets improved their food waste performance, reducing food waste by 13% to 45% compared to their target base year.