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March 08, 2021

Avery Dennison listed by ReFED as a solution provider as part of their Roadmap to 2030: Reducing U.S. Food Waste by 50%

Author: Tyler Chaffo, Manager Global Sustainability, Avery Dennison

  • Non-profit organization ReFED published a new report: Roadmap to 2030: Reducing U.S. Food Waste by 50% 
  • ReFED estimates that an annual investment of $14 billion over the next ten years can reduce food waste by 45 million tons each year. That investment would result in $73 billion in annual net financial benefit – a five-to-one return. 
  • Food waste occurs throughout the value chain, however, one of the biggest contributors is consumer facing businesses which include; Retail and Full Service Restaurants, accounting for 28% of all food waste, equivalent to a staggering $201 billion.
  • Avery Dennison Digital ID solutions are listed as food waste prevention tools through; enhance product distribution, refine product management and maximize product utilization.

Food waste is a complex global issue that alone accounts for 8% of global GHG emissions. In the US, it is the #1 item in landfills and accounts for 24% of all landfill inputs. This is an especially concerning statistic considering that 1 in 6 Americans are food insecure, a number that grew significantly to over 50 million in 2020 due to the COVID-19 pandemic. The “true cost” of food waste goes beyond the economic to also include the social and environmental. Food waste occurs throughout the value chain, however, one of the biggest contributors is consumer facing businesses which include; Retail, Full Service Restaurants and Limited Service Restaurants, accounting for 28% of all food waste, equivalent to a staggering $201 billion. 

surplus food

The ReFED Insights Engine is a data and solutions hub for food loss and waste, designed to provide food industry stakeholders with the information and insights they need to take meaningful action to address the food waste problem. ReFED’s Roadmap to 2030 builds on the recommendations from ReFED’s landmark 2016 Roadmap to Reduce U.S Food Waste by 20%. Now ReFED is taking that objective even further and with the bold ambition to reduce food waste of more than 50% by 2030. ReFED studied each stage of the supply chain from producers to consumers and identified the following seven key action areas for focusing the food system’s efforts to prevent waste: Optimize the Harvest, Enhance Product Distribution, Refine Product Management, Maximize Product Utilization, Reshape Consumer Environments, Strengthen Food Rescue and Recycle Anything Remaining.

seven action areas food

Avery Dennison is proud to be listed as a solution provider as part of the ReFED Insights Engine and Roadmap to 2030, we believe technology has the power to positively impact and make 50% food waste reduction a reality.

Based on pilot studies, RFID tagging can help grocers reduce food waste by as much as 20%. And if we were to expand the scope to include  food recalls and inventory management, the benefit could be even greater. Some of the Top  5 Solutions for Retailers, as it relates to Net Financial Benefit, include First Expired First Out and Enhanced Demand Planning. As Peter Drucker once said “you can’t manage what you don’t measure”, Digital ID solutions like RFID have the potential to play a big role here, providing the necessary transparency for improved decision making, this could mean producing less based on demand visibility. A World Economic Forum report found that sensors can reduce food waste up to 7%. In an industry that has historically been viewed as a laggard when it comes to sustainability, with some companies recently facing criticism for not living up to sustainability commitments, increasing transparency has been highlighted as one mechanism to improve the food industries record on sustainability. 

List of Avery Dennison Solutions Provided

  • Active & Intelligent Packaging
  • First Expired First Out
  • Inventory Traceability
  • Minimized On Hand Inventory
  • Waste Tracking (foodservice)

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