Coca-Cola Enterprises, Unilever, AB InBev and Nestlé are among the 45 UK retailers, manufacturers and brands that have committed to reducing food and drink waste by 1.1 million metric tons by 2015 in the third phase of the Courtauld Commitment, launched late last week.
The Waste and Resources Action Programme (WRAP) oversees the voluntary pledge to cut packaging, food and beverage waste. Its signatories also include all major UK grocery chains — Sainsbury’s, Marks & Spencer, Tesco, Aldi and The Co-operative Food, among others.
The Phase 3 waste reduction goals, if met, will reduce CO2 emissions by 2.9 metric tons and bring £1.6 billion ($2.46 billion) cost benefits to consumers and business, WRAP says. Additionally, they need to be achieved while retailers and suppliers increase sales and the amount of food produced in the UK.
The Courtauld Commitment Phase 3targets are:
Phase 3 runs for three years from 2013 to 2015, with targets measured against a 2012 baseline. The agreement is funded by Westminster, Scottish, Welsh and Northern Ireland Governments.
To date, Courtauld signatories and consumers have diverted 2.3 million tons of waste during the first two phases of the Commitment, WRAP says. The value of waste prevented is around £3.5 billion ($5.37 billion).
Last October, WRAP announced that Courtauld Commitment 2 signatories had reduced their supply chain waste by 8.8 percent compared to a 2009 baseline, putting them ahead of a three-year target of 5 percent. Phase 2 targets also included reducing the carbon impact of grocery packaging by 10 percent, cutting UK household food and drink waste by 4 percent and reducing product and packaging waste in the grocery supply chain by 5 percent, including both solid and liquid wastes.
WRAP expected the grocery sector to meet these targets by the end of 2012. The final results of Courtauld Commitment 2 will be announced later this year.
Phase 2, launched in 2012, follows the original Courtauld Commitment (Phase 1) launched in 2005, and added supply chain waste reduction to the agreement.