Major Brands Pledge to Halve Food Waste by 2025

The world's top food and drink companies have promised to halve the food they waste by 2025, seeking to preempt government regulation prompted by concern about the environmental, economic and social costs of such inefficiency. The Paris-based Consumer Goods Forum, a network of some 400 retailers, manufacturers and other players from 70 countries with combined sales of $2.8 trillion, made the pledge at a meeting in New York. The CGF said it would work on measuring a baseline for 2016 and then create monitoring and public reporting mechanisms as its members try to cut food lost during production and shipment to stores and maximize the use of remaining waste.