Plating Up Progress Part 2 is here!
Plating Up Progress Part 2: Must-Have Metrics. Retailers, Caterers and restaurants aren’t reporting on their transition to healthy and sustainable diets. Why does this matter for investors and what can they do about it?
Plating Up Progress demonstrates that investors can identify opportunities and avoid risks by understanding how far food businesses are prepared for the transition to sustainable and healthy food, and put forwards the necessary metrics for assessing progress.
Businesses with strong supply chain management and revenues which are aligned with healthy and sustainable food are likely to thrive; those dependent on business models rooted in the current system are at risk. They are exposed to physical risks (climate-driven volatility for the supply and price of crops, livestock and animal feed); policy interventions (taxes on sales of unhealthy food, land use and food waste regulation, meat and dairy reduction, mandatory labelling); shifts in consumer demand and reputational impact.
Plating Up Progress identifies disclosure gaps and proposes a new set of metrics that investors will need if they are to assess how well food businesses are managing these risks and opportunities.
The briefing focuses on food retailers, caterers and restaurants because, sitting at the end of the supply chain as they do, they are potentially at the sharp end of regulatory or market-driven changes that affect food supply, prices and demand for new products. They’re also the channel through which most commercially produced food is funnelled, so are the best indicators for whether meaningful (and essential) shifts are taking place in food industry.
Infographics and images available here.
About Plating Up Progress
Plating Up Progress is a Food Climate Research Network (FCRN) and Food Foundation project which evolved from a workshop in 2016 to discuss how food sustainability and health metrics might be used by stakeholders such as investors in assessing food industry progress. The project has two main aims. Firstly, it aims to build a consensus on metrics and reporting mechanisms that can help stakeholders to assess food industry progress in contributing to the transition to sustainable and healthy diets. Secondly, it aims to build a consensus around these metrics and a coalition of stakeholders who can advance their uptake through appropriate reporting mechanisms.