Economy

Consumer Goods Forum Calls for Streamlined Food Labels Worldwide by 2020

Consumer Goods Forum Calls for Streamlined Food Labels Worldwide by 2020”

So, The Consumer Goods Forum (CGF) - a network of 400 of the biggest consumer goods companies across 70 countries - along with Champions 12.3 has agreed to standardize food date labels worldwide by 2020.

It is described as the first deal of its kind between a major retailer and its food suppliers, and follows similar moves by the IGD and Consumer Goods Forum (CGF) to align branded suppliers with the Champions 12.3 goals.

"This low lying-fruit of date labeling standardization is exactly the type of solution that everyone can agree is fairly low-effort, cost-effective and has a positive impact on reducing consumer confusion which ultimately helps to reduce food waste", Eva Goulbourne, a ReFED spokeswoman, told the Foundation.

The CGF includes most of the world's consumer goods giants from Tesco Plc to Campbell Soup, Nestle SA and Unilever Plc.

Foodservice companies in the United Kingdom throw away 920,000 tonnes of waste a year, of which 75% is avoidable. The average UK household with children spends £700 a year on food that's thrown away - in the United States, that figure is $1,500.

Businesses are also urged to work with governments to educate consumers about how to interpret date labels.

Improving consumer education and awareness in order to better understand what the date labels mean.

It is hoped that by defining the labels it will reduce wasted food, save families money and reduce their environmental footprint. Efforts such as in-store displays, web materials and public service announcements could play a critical role in shifting consumer consumption behaviors.

The Champions 12.3 report that was also released today measures progress towards the twelfth SDG's food waste target against the three-year milestones on the way to the 2030 target date.

The call to action was made in partnership with Champions 12:3, the organisation set up to monitor progress over the SDG target to halve global food waste and reduce food loss by 2030.

The report finds that countries and companies are setting reduction targets aligned with SDG Target 12.3 - today, 28% of the world's population live in a country or region with a target to reduce food loss and waste, and almost 60% of the world's 50 largest food companies have set reduction targets. A growing number of the 50 largest food companies now have active food loss and waste reduction programs.

In terms of measuring performance in reducing food waste, governments lag behind companies with only seven per cent of the world's population living in countries where food reduction performance is measured and reported, while several of the world's largest companies have begun reporting on food loss and waste, such as Sainsbury's release of its food waste report back in September 2016.



Like this

loading...
loading...

Latest


21 September 2017
General Electric Co Institutional Investor Sentiment Worsened in Q4 2016
KeyCorp restated a "hold" rating on shares of Portland General Electric in a research note on Friday, September 1st. The stock of General Electric Company (NYSE:GE) earned "Outperform" rating by Credit Suisse on Monday, November 23.

21 September 2017
President Trump's approval rating sees slight uptick
Trump also ticked up Tuesday to 39 percent in Gallup's daily tracking poll , his highest result in that survey since July. Forty percent of independents approve of the way Trump has handled the presidency, while 52 percent do not.

21 September 2017
Project Cars developer is apparently working on a Fast and Furious game
During an interview, Project CARS developer Ian Bell may have revealed the developer's next big project. It's not the first time Fast & Furious has been tied into a video game, however.

21 September 2017
Neil McCann isn't fazed by 'disgusting' abuse from Celtic fans
The Hoops play in Tayside before travelling across Glasgow to face bitter rivals Rangers in the Ladbrokes Premiership at Ibrox on Saturday.

21 September 2017
Trump Judicial Pick: Transgender Children Part of 'Satan's Plan'
Matthew Kacsmaryk, a deputy general counsel to the First Liberty Institute, to be a district judge on the U.S. District Court for the Eastern District of Texas. "NC-17 or whatever?" he added.

21 September 2017
Facebook COO 'disgusted' by ad targeting tools, will add more human oversight
Chief Operating Officer Sheryl Sandberg said the social network operator will make reviews of its self-service advertising system more manual.

21 September 2017
Yankees reduced to tears after kid struck by foul ball
Yankees manager Joe Girardi speaks Tuesday, Sept. 19, 2017 on the decision to start Luis Severino on Wednesday against the Twins. The federal Health Insurance Portability and Accountability Act, known as HIPAA, prevents the team from giving more information.

21 September 2017
GAME OF THRONES Prequel Series In the Works at HBO
Martin, developing another Game of Thrones spinoff series to add on to the four shows that were initially reported in July. According toEntertainment Weekly, Cogman is reportedly working closely with A Song of Ice and Fire author, George R.R.

21 September 2017
Donald Trump Says He Was 'Saddened' By 'Worst Ever' Emmy Ratings
The 69th Primetime Emmy Awards garnered 11.38 million viewers according to Deadline Hollywood - effectively tying the show's bleak 2016 ratings.

21 September 2017
Man faces manslaughter charge after Thames speedboat date night death
Brown, originally from Welling, south-east London, was described by her family as a "fun-loving" woman. She was found in the river after a boat carrying her and her date capsized near Wandsworth Bridge.