WRAP has started consulting with Government and industry to extend its Courtauld initiative with a ten-year cross-sector scheme to improve efficiency in the food supply chain.
Courtauld 2025 will continue the voluntary agreement the organisation has piloted over the past decade and follows the latest phase of the project, Courtauld 3, which ends in 2015.
Under the new agreement, businesses across the food and drink supply chain will commit to targets for carbon, water and waste reduction in the run up to 2025.
“Currently around one-third of food globally ends up as waste – in the UK alone, the avoidable waste of food costs around £19bn,” said WRAP. “Unless such inefficiency is tackled, businesses will face increasing issues around cost and availability.”
The project will aim at helping consumers reduce avoidable food waste and companies share efficiency savings along supply chains, waste less and get more value from unavoidable waste.
WRAP is working with businesses and Government representatives to develop the plan. A final version will be put forward in 2015.
Dozens of retailers, food and drinks companies and organisations, including the Food and Drink Federation and the British Retail Consortium, have signed up to the previous phases of the WRAP-led initiative.
The Courtauld Commitment 3 targets for 2015 include reducing household food and drink waste by 5% and decreasing the carbon impact of packaging by 3%.
The first Courtauld agreement was launched in 2005.