The global food sector is often cited as one of the primary sectors driving biodiversity loss globally. While the sector heavily exacerbates biodiversity loss, it is also heavily dependent on biodiversity and faces significant associated risks. The impacts to biodiversity are often indirect, primarily through the sourcing of raw materials, making the topic difficult to manage and measure in part due to the sheer scale of global supply chains.
Key Takeaways
- Despite the sectors’ inherent reliance on nature, companies in the food sector are in the very early days of understanding and addressing the issue
- Addressing the impacts (and associated risks) linked to biodiversity will require an entire review of food systems from agriculture to end user
- Most impacts are indirect in nature, adding to the complexity of addressing the issue
- Restaurants and catering services have an additional layer of complexity as they are often franchised and sourcing decisions are conducted at a regional level
- Many companies have focused on addressing a few key commodities or biodiversity impact drivers but this can leave major impacts in impact management and mitigation
You can now read the full whitepaper at the link below