Corporate Reporting on Food Waste by UK Seafood Companies: Literature Review and an Assessment of Current Practices

Mohammad Al-Tamimi, John De-Clerk Azure () and Ramakrishnan Ramanathan
Additional contact information
Mohammad Al-Tamimi: Essex Business School, University of Essex, Essex CO4 3SQ, UK
John De-Clerk Azure: Essex Business School, University of Essex, Essex CO4 3SQ, UK
Ramakrishnan Ramanathan: Essex Business School, University of Essex, Essex CO4 3SQ, UK

Sustainability, 2023, vol. 15, issue 2, 1-16

Abstract: Over 10% of the world’s population is undernourished, yet 1/3 of all food produced each year is lost or wasted. Such a level of inefficiency in the global food system has a significant economic, social, and environmental impact which has elicited calls for urgent global action. This paper responds to this call by developing an interdisciplinary framework focusing on legal, regulatory, accounting, and reporting frameworks to improve the prevention or reduction of food loss and waste (FLW). Mobilising a literature review, this paper advances a three-pronged suggestion for tackling FLW in UK seafood companies: the development of technological solutions in the form of sensors; the enactment of a comprehensive legal and regulatory reporting template for seafood companies; and finally, the development of accounting standards that mandate reporting beyond the current Food and Waste Accounting and Reporting Standard by the Water Resources Institute (WRI), which is modelled on voluntary compliance.

Keywords: corporate reporting; interdisciplinary approach; food waste; UK seafood companies (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/2071-1050/15/2/1213/pdf (application/pdf)
https://www.mdpi.com/2071-1050/15/2/1213/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:15:y:2023:i:2:p:1213-:d:1029735

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().