TWIC Original - Food

Wednesday, July 17 2024

This week in
Consulting

The Future of Food: Strategies for a Healthier Planet

Editorial

Food systems urgently need a makeover, and here’s why: they’re deeply tied to the global climate crisis. Food and agriculture contribute over 30% of greenhouse gas (GHG) emissions and drive more than 80% of deforestation and biodiversity loss worldwide.

While up to 2.3 billion people struggle with moderate or severe food insecurity, more than 1 billion are obese, with diet-related diseases being the leading cause of death in many countries. Addressing these intertwined nature, climate, and nutrition issues demands a transformation in our food systems. Every country must craft and follow an integrated food systems transformation roadmap.

The world is crying out for sustainable and regenerative practices to cut greenhouse gas emissions, alongside regulatory changes and agricultural incentives to tackle food insecurity. This requires urgent collective action from businesses, governments, and stakeholders to build sustainable, resilient food systems that benefit both our health and the environment.

In this edition of “This Week in Consulting,” we aim to uncover answers and sustainable solutions to the growing demand for food from our expanding global population. We explore how to bring about positive changes in the food value chain and its ecosystem.

Join us on this journey and share your thoughts with us.

Laurent THOMAS

Laurent THOMAS

Chairman Consulting Quest

This week’s must read

In this edition of This Week in Consulting, we aim to uncover answers and sustainable solutions to the growing demand for food from our expanding global population, exploring ways to bring about positive changes in the food value chain and its ecosystem.

 

This article by LEK Consulting highlights the growth of fresh prepared foods (FPF), emphasizing their role in retail differentiation, consumer convenience, and the importance of investment in shelf life management, automation, and strategic development for continued market success.

Justin Craigwell-Graham, Rob Wilson and Claire Morgan, @LEK Consulting

This week’s media

In this video by Capgemini, food for a better world is intended to work with players in the food value chain and other actors in the ecosystem to find answers and sustainable solutions to the challenges associated with the ever-increasing demand for food for the continuously growing world population.

Thought Leadership

 

This article by Kearney highlights climate change’s impact on food supply chains, advocating for a shift to regenerative practices. It calls for urgent collective action from businesses, governments, and stakeholders to ensure sustainable, resilient food systems for future health and environmental benefits.

Debashish Mukherjee, Rob Dongoski, Christina Carlson and Anya Gandy, @Kearney

 

This article by PwC discusses the environmental impact of food production, emphasizing the need for sustainable practices like vertical farming and alternative foods to reduce greenhouse gas emissions and address food insecurity, driven by consumer demand, regulatory changes, and agricultural incentives.

@PwC

 

 

This article by YCP Solidiance explores how digital transformation during COVID-19 has boosted India’s online food delivery market, with innovations like 10-minute delivery. It highlights UrbanPiper’s role in reshaping the industry and opportunities for MSMEs.

@YCP Solidiance

 

This article by Bain emphasizes the urgent need to transform global food systems due to their impact on emissions, deforestation, and health. Solutions include sustainable agriculture, healthier diets, and multi-stakeholder collaborations to drive meaningful change and achieve food system transformation.

@Bain & Company

This week’s consulting news selection

 

Source Advisors, a premiere specialty tax consulting firm has announced the strategic acquisition of United Paramount Tax Group (UPTG), a leading firm specializing in real property tax reduction services and business personal property tax management.|@Source Advisors

Grant Thornton, one of America’s largest brands for audit, assurance, tax, and advisory services, has named Lawrence Griff to lead the firm’s Retail industry practice and Kelly Schindler to head up its Manufacturing industry practice.|@Grant Thornton

Stout has announced the acquisition of Financial Research Associates, Inc. (FRA), a nationally recognized financial consulting firm specializing in business valuation, forensic accounting, and litigation support.|@Stout

The Board of Directors of Marsh McLennan, the world’s leading professional services firm in the areas of risk, strategy and people, today appointed Jan Siegmund as a director, effective immediately. The Company’s Board now consists of 12 directors.|@Marsh McLennan

Laurent Thomas
Chairman and Co-founder at  | + posts

Laurent is the Chairman and Co-founder of Consulting Quest. Focused on greater value creation, and being thoroughly familiar with Consulting, Laurent has sourced and sold millions of dollars worth of Consulting over the course of his career. Prior to joining Consulting Quest, Laurent was Executive Vice President Oil and Gas at Solvay and Senior Partner Transformation at Oliver Wyman.

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