Here is the sad reality: humanitarian organisation World Food Programme (WFP) reported in 2020 that approximately 1.3 billion tonnes of food is wasted globally every year—about a third of all food produced for human consumption worldwide. Moreover, this wastage is responsible for roughly 8 per cent of global greenhouse gas emissions, with 28 per cent of it stemming from F&B businesses such as restaurants and grocery stores. Throw in the social implications of such astronomical food waste, and it’s all the more imperative that both businesses—within and beyond the F&B sector—and the public step up their sustainability efforts.
This is why financial institution HSBC has teamed