By ENGIE Impact
The food and beverage industry has made significant progress in adopting energy efficiency practices. However, greater energy efficiency gains and a transition to clean energy sources are critical for companies to stay competitive and satisfy stakeholders while minimizing the effects of climate change. Worldwide, food production is responsible for one quarter of the world’s greenhouse gas emissions, with processing, transport, packaging and retail accounting for approximately 18% of food emissions.
This industry stands to be impacted the most by climate change, from fragile agriculture and water resources to more disrupted energy resources and regulations on waste. However, while complex, strategic energy and sustainability management is a source of value and growth for large global companies. In our Global Executive Survey Report released late last year, ENGIE Impact found that 75% of global executives believe that excellent sustainability execution provides