Using the expertise and competencies in our cold chain business, we will contribute to halving food loss through investing in innovations in the transportation chain and forming partnerships in emerging markets.
350 million tonnes of food are lost every year due to inadequate storage and delays during transportation, and 500 million tonnes due to planning and handling issues in the production stage. This is unsustainable in a world with a simultaneous need for food and decarbonisation.
A.P. Moller-Maersk already transports about 27% of the world’s refrigerated containers and 25% of the world’s food commodities, and our business strategy gives priority to the development and growth of our cold chain business. From a sustainability point of view, our large market share and place in the value chain carries opportunities for leveraging food loss reductions.
What we are doing
We are currently shaping our activities and growing our insights and understanding of the issue. For example, how inadequate food storage and transportation conditions create large scale food loss, particularly in emerging markets, and how partnerships can contribute to changing this situation. The ultimate goal is to extend our products and services as well as to build capabilities along the supply chain in countries with high prevalence of food loss in the production and transportation stages and enhance their ability to benefit from food loss-reducing solutions. We are pursuing global multistakeholder partnership opportunities to bring about change in this area. We are also collaborating with the International Finance Corporation on opportunities for business-driven food loss projects at country level, and establishing pilot projects In Kenya and Nigeria together with the Rockefeller Foundation and the agriculture training NGO, Technoserve to understand challenges at harvest level.