According to the UNEP Food Waste Index 2021, approximately 931 million tonnes of food waste was generated in 2019 – about 13% of which came from retail.
Sustainability represents a huge opportunity to give retailers what they need, and the world what it longs for, in order to help keep everyone thriving. Getting the benefits of AI to work, retails already started to reduce the waste of food by data, identifying where environmental impact is happening, and taking action.
Waste in manufacturing is a global problem. According to Forbes, 20% of every dollar spent in the industry is wasted which adds up to $8 Trillion, or 10% of the GWP.
Sustainable Manufacturing means to produce goods with the minimum usage of energy, material, and natural resources while maximizing profits by ensuring workers’ health and safety throughout the in-line production and reducing waste. Manufacturers prepared to embrace the change already discovered opportunities in AI—with sustainability targets.