b'S U S T A I N A B I L I T YS C G R O U P C O M P A N Y Fyffes Announces Operational SustainabilityTarget to Reduce Food Loss by 80% by 2030A insecurity continue to intensify. According to s the pandemic continues into 2021, food wasteand loss, its impact on climate change, and food the Food and Agriculture Organization, an estimated 1.3 billion tons of food goes to waste around the world each year. That amounts to one-third of all foodproduced for human consumption annually. Reducing food loss and waste and consumer education are key targets of Fyffes Healthy Food for Healthy Lifeand Stewardship for the Planet sustainability pillars.In March, the global fresh produce provider andSumitomo Corporation Group Company announced their sustainable food loss commitments, in alignment with UN Sustainable Development Goal 12.The 12.3target of halving per capita global food waste at the retail and consumer levels commits to reducing supply chain, production and post-harvest food losses by 2030. Fyffes aims to decrease 80% of food loss by creating alternative applications for each of their core products by 2030, beginning with repurposing surplus bananas into banana flour and powder in Belize.It is completely unacceptable that while there is still hunger in todays world that there is still so muchIn addition, food waste and loss (food loss is post- food waste. Said Caoimhe Buckley, Chief Corporateharvest, and food waste occurs once the food has Affairs Officer at Fyffes. Lost and wasted food couldreached supermarkets and homes), is responsible forfeed roughly two billion people, more than double the7% of greenhouse gasses globally, Buckley said.number of undernourished in the world.While Fyffes operational food loss remains low, the company continues to improve its harvesting, logistical and transportation practices. They deploy donations to local communities and sell sub-optimal fruit at a lower cost to juicing and pure companies. We are also working with retailers to help minimize food waste at the supermarket, said Buckley. There is so much that can be done with banana displays, ensuring shelves are well-stocked but not overstocked, providing different hand sizes to accommodate different demands and careful handling of our delicate fruit.continued next pageSumitomo Corporation of Americas 11'