World Benchmarking Alliance+Image
FAB-B.07.C - Food Loss and Waste Reduction Progress
Does the company report progress on reducing food loss and waste?
24202853
Researched

About the data

The WBA Food and Agriculture Benchmark measures and ranks the world's most influential food and agriculture companies on their efforts to transform global food systems, tracking how companies work towards food that is healthy and nutritious, produced sustainably within planetary boundaries, and accessible and fairly produced for all. The 2026 edition assessed 350 companies spanning the entirety of the food and agriculture value chain, from agricultural inputs and commodities through to manufacturing, retail, and food service. Companies were scored on 23 food and agriculture-specific indicators and 18 core social indicators across four measurement areas: governance, sustainable food systems, healthy food systems, and inclusive food systems. The benchmark is developed in close collaboration with an Expert Review Committee and is designed to incentivise the most influential companies in the sector to adopt sustainable business practices across their own operations and supply chains, addressing critical issues including greenhouse gas emissions, deforestation, freshwater use, nutrition, and living incomes for farmers, with human rights and social equity at its core. More information can be found here.
In 2022, the world wasted 1.05 billion tonnes of food at the retail, food service and
household level. This is in addition to the 13% of the world’s food lost in the supply chain, as
estimated by the Food and Agriculture Organization (FAO), post-harvest up to and excluding retail.
Moreover, food loss and waste generates 8-10% of global greenhouse gas emissions and takes up the
equivalent of nearly 30% of the world’s agricultural land (UNEP 2024). This level of inefficiency also
has significant social impacts, such as increasing food insecurity. Investing in efforts to reduce food
loss and waste can ease the food system’s pressure on the environment, help mitigate climate change
and increase food availability. At the same time, it can boost economic benefits for companies,
farmers and households (Champions 12.3, 2022).


Research Guidance:


The company reports monotonic, quantitative reductions in food loss and waste over the previous three reporting years. They do not need a target to meet this element.

This indicator is not applicable to agricultural inputs companies.
Topics
Framework Mappings
Value Type
Category
Options
Yes
No
Not Applicable
Assessment
Steward Assessed
Report Type
Aggregate Data Report