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Major Global Agriculture Companies Unite to Halve On-Farm Food Losses by 2030




WASHINGTON, D.C. – Today, several of the world’s largest farm-gate-facing agriculture companies and important national agriculture companies – including Olam Agri, ITC Limited, Sereni Fries Ltd, Kinazi Cassava Plant (KCP), Spice World Ltd, ETG and Premier Foods Ltd (PFL) – announced a joint commitment to help the farmers in their supply chains reduce on-farm food losses by 50% by 2030.

Together, these companies work with hundreds of thousands of farmers worldwide, forming a powerful alliance of multinational, national, and regional businesses, including in Africa. Their pre-competitive collaboration offers an opportunity for sharing knowledge and best practices to address food loss — a critical issue in the global supply chain.

“About 40% of the global food supply is lost or wasted between farms and people’s plates. We know from recent research that food loss on farms is a much bigger problem than previously thought, and it’s happening across the globe – not just in developing countries, as many believe,” said Sunny Verghese, Co-founder & Group CEO, Olam Group and Co-Chair of Champions 12.3, the coalition of executives that has organized the new on-farm food loss initiative. “This enormous waste hurts farmer incomes, food security, the climate, and costs over a trillion dollars every year.”

According to new research from Champions 12.3, the world is at risk of missing the UN’s Sustainable Development Goal 12.3, which aims to halve per capita global food waste at the retail and consumer levels and reduce food losses along production and supply chains, including post-harvest losses, by 2030.

The term ‘food loss’ refers to food that is unharvested or spoils before reaching the market, while ‘food waste’ refers to food that is thrown out or otherwise wasted by retailers and consumers. Food losses happen on farms for a variety of reasons, including poor harvesting practices, inadequate storage, changes in demand and a lack of alternative markets.

“Right now, we are not on track to meet the UN’s target on food loss and waste. But if enough governments and companies can prioritize the issue – as those that are part of today’s announcement have – we may still be able to realize significant benefits for people and the planet,” said Verghese.

The Inter-governmental Panel on Climate Change estimates that halving food loss and waste alone could cut total greenhouse gas emissions by up to 5 percent. It is also an important strategy for ensuring sufficient food in a world where nearly 1 in 3 people faces moderate or severe food insecurity.

Farmgate-facing agriculture companies are crucial to combating food losses via initiatives often referred to as ‘out-grower programs’, which provide training, capacity-building, finance and access to technology and markets. In developing countries, these companies are especially important as farmer aggregators, engaging with farmers who are otherwise hard to reach.

This support is vital given that, worldwide, 84 percent of farmers are smallholders – meaning they manage less than two hectares of land – yet they produce 32 percent of all food globally.

“Reducing farm-related agri and food wastages is a core objective of ITC’s sustainability agenda. Multi-dimensional initiatives leverage technology and innovation to empower farmers through advanced climate smart practices, know-how and technical assistance. Extensive on-ground support is provided to scale appropriate solutions to improve productivity, resilience and reduce food losses,” said Sanjiv Puri, Chairman of ITC Limited. “At the core is ITCMAARS, a ‘phygital’ ecosystem specially designed to offer a suite of tech-enabled solutions. Our Agri team will continue to intensify its efforts to support farmer producer organizations in the efficient handling of farm produce, improve productivity and progressively take site-specific action in climate hotspots – thereby ensuring that agri-food loss is addressed at critical points.”

“PFL is committed to achieving a net zero target for operational emissions as well as a zero waste to landfill target by 2025. As we engage with thousands of small-scale farmers in our value chain, we also promote sustainable agricultural practices,” said Martin Munyiri, General Manager of Premier Foods Ltd. “This initiative is essential to our farmers as it will enhance on-farm activities to improve productivity and minimize food loss and waste. By equipping farmers with the necessary expertise, resources, and innovative tools, we aim to implement effective solutions that positively impact their livelihoods and the broader community.”

The new farm-level effort follows the “target-measure-act” model pioneered by Champions 12.3 in its 10x20x30 initiative, which works with retailers and their suppliers to combat food loss and waste. Over the past three years, 248 retailers and suppliers have joined 10x20x30, and those actively measuring and publicly reporting their data have already achieved an average 15.4% reduction in food loss and waste.

Credits/ Source: https://agra.org/

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