Solutions could help boost the bottom line, report says
Each year about 63 million tons of food is wasted annually in the U.S., according to the non-profit ReFED in a report released this week.
The restaurant industry alone generates about 11.4 million tons of food waste annually at a cost of about $25 billion per year.
But for every dollar invested in food-waste reduction, restaurants can realize about $8 in cost savings, the San Francisco-based ReFED said in a new guide for reducing food waste.
Last year, ReFED released the report “Rethinking Food Waste through Economics and Data: A Roadmap to Reduce Food Waste,” with a comprehensive plan for action.
The research concluded that food waste is a solveable problem, but it needs big picture solutions, including significant funding, support from...
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