Compass says UK clients keep track of catering group's food waste

Reuters

Published Nov 20, 2023 14:59

Updated Nov 20, 2023 17:17

By Yadarisa Shabong

(Reuters) - Catering group Compass said on Monday that 80% of its new clients in the UK this year have requested data on the company's food waste and other emissions, as they need such information to help them meet their own net-zero targets.

Compass said its UK & Ireland business, which has set a 2030 net zero target and reported its first climate impact report this year, recorded a 20% reduction in Scope 3 emissions this year on food and drink purchases. 

"The measurement of food waste is probably the first tangible initiative within that space which is delivering results," CEO Dominic Blakemore told Reuters in an interview.

The company, which on Monday reported a near 30% jump in adjusted annual operating profit, serves meals to millions of people across 35 countries and caters to the likes of Microsoft (NASDAQ:MSFT), Shell (LON:RDSa) and Harvard Business School.

Food waste is considered one of the biggest emitters as a large amount of food that is produced is wasted.

"It's becoming critical that we can demonstrate to our clients what we're doing for them, and equally that our clients can show their colleagues that they care for the environment," Blakemore said.

Demand from clients for evidence of emissions tracking is similar across all Compass's regions, Blakemore said, although at a slightly difference pace, with the UK and Europe leading while the United States is "fast catching up".