A sustainability strategy is crucial for food and beverage companies in order to maintain business continuity and remain competitive. The food system is also a major contributor to climate change, representing about one-third of greenhouse gas emissions. As concerns for sustainability have increased, so has pressure on the $7 trillion food and beverage industry from investors, regulators, downstream purchasers, and consumers to enhance sustainability.
This industry has been a leader in sustainability and reporting for some time. Driving sustainability into their large supply chains is a critical issue. A number of industry leaders and top-rated supply chains, such as McDonalds, Coca-Cola and Pepsi would be examples of companies very committed to sustainability and reporting. These companies drive similar programs and practices into their supply chains.