【食品饮料-研报】HSBC-全球-食品行业-食品的未来：零售商处理废物-2020.9.2-38页.pdfVIP

2 September 2020 Future of food ESG Equities Developed Markets Retailers tackle waste  COVID-19 amplifies the need for efficient food supply chains  Food and packaging waste are increasingly important considerations in a number of sustainability frameworks  We compare retailer policies on these two areas, favouring Tesco COVID-19 disruption: The pandemic has highlighted the need for efficient food supply chains, and the importance of food surplus redistribution to the vulnerable. Food banks have seen surges in demand for emergency food supplies (as much as 89% y-o-y to April 2020 in the UK) . Household food waste fell during lockdowns as shoppers purchased and consumed more efficiently, but this trend is now in reverse. The Lucy Acton*, CFA ESG Analyst movement for addressing plastic waste appears in flux too; bans and charges on single HSBC Bank plc use carrier bags have been lifted in many places over hygiene concerns. Ocean lucy.acton@ +44 20 3359 3365 conservationists have warned of the impacts this is having on marine plastic waste. Andrew Porteous*, CFA It is more important than ever that retailers prioritise food waste and packaging Co-Head, European Consumer Retail Research