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Why sustainable businesses need transparency

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By illuminem briefings 🌎

· 2 min read


illuminem summarizes for you the essential news of the day. Read the full piece on Speciality Food Magazine or enjoy below:

🗞️ Driving the news: The food and drink industry is increasingly focusing on transparent and traceable supply chains to meet the demands of ethical consumers and improve product quality
This trend is particularly evident in sectors like tea and coffee, where the origins and production processes are becoming crucial for consumer trust

🔭 The context: Conscious consumerism is driving demand for transparency in the food and drink sector
Alison Tran, founder of The Karma Tea Co, highlights the opaque systems in tea trade, especially from South Asia
Transparency is seen as essential not just for ethical reasons, but also for environmental sustainability

🌍 Why it matters for the planet: Transparency in supply chains leads to more environmentally sustainable practices, such as maintaining soil quality and biodiversity
It ensures ethical sourcing and supports small-scale producers. This shift is crucial for the sustainability of the food system

⏭️ What's next: The movement towards transparency in the food and drink industry is expected to grow, with businesses increasingly recognizing its importance for sustainability, customer trust, and quality
This trend is likely to extend beyond tea and coffee to other sectors

💬 One quote: "It’s very simple: there can be no true sustainability without transparency," (Laura Dixon, Three By One Europe)

📈 One stat: 79% of food processors, manufacturers, and distributors expect to generate more revenue in 2023 than the previous year, indicating a positive outlook for the industry's growth

Click for more news covering the latest on sustainable business

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