Trustwell’s Post

With the constant disruption of the food supply chain this information is so important Leandro Oliveira The ongoing dock workers strike in the US, causing major disruptions at key ports, highlights the critical need for sustainable practices in the food supply chain. It may take solutions like the IBM Food Trust to provide real-time visibility and optimizing processes to mitigate environmental impact and supply chain vulnerabilities. Would you like to delve deeper into sustainable practices for the food supply chain? Follow WeDigit Consulting for more on this topic #Sustainability #FoodSupplyChain #Traceability #WasteReduction #Transparency #FoodSafety #SupplyChainManagement #SustainableFood #ESG #IBMFoodTrust

“Sustainability in the Food Industry” ♻️ Sustainability is no longer a buzzword—it's a necessity. Consumers are demanding more transparency in food sourcing and production. How can businesses keep up with the growing demand for eco-friendly practices while maintaining profitability? Let’s dive into the balance between ethics and economics. #Sustainability #GreenFood #FoodMarket

Many food companies (CPGs and Private Label Brands alike) face the question of spending resources to respond to surveys to keep customers happy, or prioritizing resources to strategize and reduce impact in their own supply chain. HowGood is here to help! Our sustainability data platform not only gives you instant access to over 90k emissions factors for food ingredients, it also helps automate and centralize all of your sustainability efforts. Turning Sustainability into a center of excellency and creating a tangible return of investment has never been more accessible...

Sustainability in the food supply chain is more than a trend – it is an urgent need. With up to 85% of environmental, social and governance (ESG) impacts occurring in the supply chain, including more than 90% of emissions associated with the provision of products and services, sustainable transformation is imperative. Benefits of sustainability in the food supply chain: ✔️ Food safety: traceability allows you to quickly identify the source of contamination and facilitates efficient recalls. ✔️ Waste reduction: advanced technologies help optimize the use of resources and minimize losses. ✔️ Transparency: consumers value information about the origin and production of food. ✔️ Regulatory compliance: meets evolving legal requirements and industry standards. ✔️ Competitive advantage: sustainable companies have average operating margins 3.7 times higher than others. Initiatives like the blockchain-based IBM Food Trust are revolutionizing transparency and accountability in the food supply chain. To implement sustainable practices, it is crucial to invest in technologies that provide real-time visibility, enable product traceability and optimize processes to reduce environmental impact. Do you want to learn more about how to make your food supply chain more sustainable? Follow WeDigit for more content on the topic! \#foodsustainability #sustainablesupplychain #esginthefoodsector #wedigit

#Food #CPGs and #brands face unique pressures from #regulatory bodies, #B2B customers, and #consumers to provide detailed, verifiable #sustainability #data. The need for accurate, product-level sustainability data has never been more critical as food companies work toward aggressive #decarbonization targets and navigate increasingly stringent #climate disclosure regulations. Our latest #toolkit 'Surviving Sustainability Survey Fatigue for Food CPGs' addresses these challenges by helping CPG companies understand how to streamline sustainability #reporting while saving time and financial resources. By leveraging the tools and methods outlined below, food CPGs can efficiently manage increases in sustainability survey requests, ensure compliance with regulatory requirements, and effectively communicate their sustainability efforts to consumers and #retailers. Download the toolkit here: https://lnkd.in/eNJ42H2f

The recent "Understanding ESG and its Business Case" webinar hosted by the Sterling One Foundation offered a thought-provoking exploration of ESG (Environmental, Social, and Governance) principles. ESG is a framework that assesses a company's commitment to sustainable practices, considering factors such as: - Environment: Resource management, pollution reduction, and climate change strategies. - Social: Employee well-being, diversity and inclusion practices, and community engagement. - Governance: Transparency, ethical leadership, and risk management strategies. Strong ESG performance is no longer a nice-to-have, but rather a growing expectation for businesses across all sectors, including the food industry. The webinar highlighted two key takeaways that resonated with me, particularly in the context of food safety and the food industry: - ESG: A Catalyst for Transformation. Companies that embrace ESG can gain a competitive edge and unlock long-term success. Integrating ESG principles within the food industry can lead to a more responsible and sustainable food system. - ESG: A Win-Win for Business and Society. By prioritizing ESG, businesses can improve brand reputation, attract investment, and contribute to a better future. In the food industry, this translates to safer food, a healthier environment, and a more responsible supply chain. For the food industry, here are some ways to embrace ESG principles: - Sustainable Sourcing: Prioritizing local, seasonal ingredients reduces transportation emissions and food spoilage risks. - Ethical Labor Practices: Ensuring fair wages and worker well-being fosters a positive work environment and minimizes contamination risks. - Employee Training: Robust training on food safety protocols empowers staff to maintain high hygiene standards. - Waste Management: Implementing composting programs and using recyclable packaging reduces environmental impact. By integrating ESG principles, food companies can become stronger businesses, contribute to a safer and more sustainable food system, and ultimately, build a healthier future for all. A big thank you to the organizers for this opportunity! "What are your thoughts on the importance of ESG in the food industry?" Let's discuss it in the comment section. #ESG #Sustainability #CorporateSocialResponsibility #ESGseriesWebinar #FoodSafety #FoodIndustry #QualityControl #SterlingOneFoundation © Olasumbo O-Komolafe

🚨 Supporting and bringing consumers with us is key 🔑 to unlocking food system transformation. 💳 Cost is the top priority, sustainability is secondary. 🥗 Health-conscious choices are rising, convenience is key. 🛒 Local and premium products are increasingly valued. 🌳 Sustainability matters, but greenwashing won't pass. How do these align with the industry enablers and what is needed to strengthen demand and build the capabilities needed? 👉 Our latest explainer graphic lays this out for you here https://lnkd.in/ean2zNb8 👉 Our consumer conversation deep dive in collaboration with Sweet Spot unpacks what this means in reality for your food business. Access it through #Veriscope, the industry's essential ESG insight and intelligence here - https://lnkd.in/eKdF_4Vq #FoodIndustryInsight #ESGInsight #Consumers #FoodTrends #FoodSystemTransformation #Veriscope Future Food Movement

Yesterday, WRAP, IGD (Institute of Grocery Distribution) and EY released the 'UK Food System Transition Report' for Net Zero. Here’s what it means for food companies. What's in the report? This report provides a plan for the food sector to reach Net-Zero, aligned with the Science Based Targets initiative's 1.5-degree outcome and the UK's national decarbonisation goals. Why does it matter? IGD and WRAP are working closely with DEFRA and the Food Data Transparency Partnership to establish UK standards for emissions reporting. Although it’s not formal policy, this report will likely be a key resource that influences decision-makers. International companies selling into the UK or those in ESG-leading regions may also find it relevant. What are the three key takeaways for food companies? 👉 Expect more pressure to reduce emissions. The number 1 finding is "Achieving sector net zero targets by 2030 and 2050 will be extremely stretching, but is possible with urgent focus and partnership throughout the system." The Report stresses that sector-wide Net Zero targets for 2030 and 2050 are challenging but achievable with urgent collaboration. It outlines 19 recommendations, covering everything from farming practices to low-carbon dietary shifts. If accepted, this will introduce multiple emissions-reducing policies soon, focused on reducing emissions soon. 👉 Possible supply chain impact. The recommendations could significantly impact your supply chain. For example, a key ask is for the to adopt deforestation-free regulation (similar to the EU Deforestation Regulation). There's a key focus on soy, but it could impact sourcing of multiple ingredients like coffee and cocoa. If introduced, it would require significant engagement across your business and supply chain, to ensure your products are free from deforestation. No actions required today, but one to keep an eye on. 👀 👉 Public consultations ahead. The report calls for major transformation across the food system’s supply side. To achieve this, DEFRA and others will likely launch public consultations alongside any policy proposal. Given the potential impact on your business (good or bad), it is a key opportunity for you to contribute and influence emissions reporting policies in the UK. This is therefore not something to miss! I’ll keep sharing updates, so follow me to stay informed! Also, check the comments for a link to the report summary. Let me know your reaction in the comments! #NetZero #FoodIndustry #SustainableFoodSystems #FoodSupplyChain #FutureOfFood #FoodSecurity

Some of #ESG trends and opportunities for the food and beverage industry where experts can assist to navigate the regulations and requirements of food and drink manufacturing. Through experience and analytics of ESG issues, these specialists understand the complexities and undercurrents of the sector, and they can provide definitive solutions to common difficulties. - #Packaging: There has already been a revolution, but increasingly bio-degradable packaging as opposed to single-use plastics. This results in reduced #CarbonFootprint for the business and customers. - Transparent #Supplychain: The increase in data analytics and maintaining precise data records means that tracking the supply chain becomes easier and more efficient. This can include tracking raw ingredients, manufacturing processes and transport. - Preventing food recall: Implementing better and more accurate testing to ensure that microbial issues and other contamination issues are correctly identified. - Plant-based food products: Food producers are still diversifying to provide plant-based alternatives. #Sustainability

Traceability in the fresh fruit and vegetable industry is crucial for ensuring transparency, safety, and efficient supply chains. AGRIVI will ensure that you are contracting with trusted suppliers that will provide a safe and consistent supply of good quality produce. Additionally, Traceability helps buyers achieve this with lower transaction costs compared to spot or terminal markets. We encourage you to use AGRIVI solution to ensure best results. #foodtraceability #digitalfarmmanagement