It’s Only Waste If You Waste It: Turning Food Waste into Brand and Bottom Line Value

By John Hanselman, Chairman and CEO, Vanguard Renewables

Food waste is a critical operations and management challenge that food manufacturers, producers, and users face daily. According to a 2014 United States Environmental Protection Agency (US EPA) study, America throws away more than 38 million tons of food annually or 30-40% of the total food supply. That’s more than the weight of 100 Empire State Buildings. USDA 2010 estimates equate that to approximately $161 billion worth of food. This has far-reaching impacts on food security, disposal costs, resource conservation, and climate change. Importantly, this is becoming a major area of concern for customers across America. More and more manufacturers are being pressured to think and account for the handling of their waste stream.

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