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Social Value Creation Report Industry Eco-System

Value Chain Innovation holds the key to solution
Pursuing our mission to internationally reduce food loss and waste

January 29, 2018

As the world's population continues to rise, particularly in emerging economies, the problem of food shortages is becoming extremely serious. The latest available estimates from the food assistance branch of the United Nations, the UNWFP (United Nations World Food Program), indicate that about 795 million people in the world—just over one in nine—are not receiving enough nourishment to live a healthy, active lifestyle. And yet, every day in developed economies and emerging economies alike, large amounts of food are going to waste. Food production requires not only massive consumption of our precious water resources, but releases large amounts of greenhouse gasses. The fact that an enormous amount of resources are wasted through the production of food that is not eaten is a problem that we cannot ignore if we hope to protect this planet. The areas we should focus on as sources of these issues are food reduction (food loss) at their respective steps in the value chain and the disposal that occurs at the time of retail and consumption. Resolving these issues is a matter of urgency, and there is talk of regulating food loss and waste in the same way that CO₂ emissions are regulated.

As time moves forward, various businesses are working in collaboration to address the issues of food loss and waste, and there is a demand for new innovations concerning the entire value chain. This report overviews NEC's various cutting edge technologies and efforts to resolve issues in the processes leading from food production to consumption.

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