In the UK, a staggering GBP 5 billion is wasted each year in the manufacture and retail of food and drink. This is in a world where over 840 million go hungry every day. Clearly  better food systems and sustainable production and consumption approaches are required to achieve  food security worldwide, but UK businesses and households could also reap significant financial  benefits if simple actions are taken.

Wasting food means wasting money both at the household level and in businesses throughout the supply chain. New guidance which aims to reduce food and  drink waste could save the UK hospitality sector GBP 724 million per year and the average UK family  could save GBP 700 per year.

WRAP (the Waste and Resources Action Programme) has worked in collaboration with UNEP (the United Nations Environment Programme) and FAO (the Food and Agriculture Organisation of the United  Nations) to produce the first of its kind tool, the Think.Eat.Save Guidance.

The tool provides clear and comprehensive steps for public and private sectors to develop  strategies, programmes and activities to prevent and reduce food and drink waste which should  result in financial savings, reductions in environmental impacts and increased food and nutrition  security. The document which was published on 23 May 2014 is “Version 1” and it is intended it will be enriched progressively as more businesses begin to  take on the challenge and reap the benefits of food waste reduction.