Measuring and understanding the true cost of our food creates opportunities – not only to mitigate the risks to society but also to help businesses future-proof their strategy.
With no agreed standards for impact reporting, it is challenging for businesses to clarify their non-financial position with regards to the competition. Additionally, the economic cost of degradation to natural, social and human capital is often borne by those who derive least benefit from the original transaction.
By measuring the real cost of our food and creating accountability for both positive and negative impacts, we create opportunities to bring about the change needed in the food system.
Social costs of obesity, malnutrition, food insecurity and others associated to the food system, like the social cost of carbon, are central to economic food system policy.