Supermarket Takes Action on Environmental Impact
- Co-op urges councils to speed up home food waste collections
- 1,000 tonnes of food waste goes to landfills daily in areas without kerbside collection
- 156 English councils (48%) lack kerbside food waste collection
- Co-op writes to 20 local authorities for change
- Calls for acceptance of compostable bags
- Co-op becomes first national supermarket with compostable bags in stores
The Co-op is urging local councils to speed up the implementation of food waste collections from homes, as approximately 1,000 tonnes a day ends up in landfills due to the lack of kerbside collection services. Currently, 156 English councils (48%) do not have this service, leading to increased food waste going to landfill. The retailer has also written to 20 local authorities, calling for them to change their view on accepting compostable bags and reduce plastic contamination. As the first national supermarket with compostable bags in over 1,000 stores, Co-op is committed to environmentally friendly choices and reducing environmental impact. Michael Fletcher, CCO at Co-op, stated: ‘We are writing to local authorities to encourage universal kerbside food waste collections and acceptance of compostable bags, sooner than 2023.’
Factuality Level: 10
Factuality Justification: The article provides accurate information about the Co-op’s efforts to reduce food waste and encourages local councils to speed up implementation of food waste collections. It also mentions the use of compostable bags and the commitment to environmentally friendly choices.
Noise Level: 4
Noise Justification: The article provides relevant information about the Co-op’s efforts to reduce food waste and encourages local councils to speed up implementation of food waste collections. It also highlights the issue of plastic contamination in landfills. However, it could benefit from more analysis or discussion on the long-term consequences of these actions and potential solutions for other businesses to follow.
Financial Relevance: Yes
Financial Markets Impacted: The retail industry, specifically supermarkets and waste management companies.
Financial Rating Justification: This article discusses the environmental initiatives taken by Co-op, a supermarket chain, which can impact their financial performance and potentially affect the waste management sector. It also mentions the implementation of compostable bags, which could influence the demand for certain products in the retail industry.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: Minor
Extreme Rating Justification: There is no extreme event mentioned in the article, but the issue of food waste and landfill contamination is discussed. The impact is considered minor as it focuses on reducing plastic contamination and promoting environmentally friendly choices.
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