Given the size of some foodservice operators’ organizational expenditure, these savings could be considerable. Furthermore, consumer demand for environmentally friendly food products is growing, which has provided a large incentive for foodservice operators to adopt sustainable practices.
This report is a result of responses derived from ICD Research’s exclusive B2B panel of senior decision making respondents. This report helps in understanding the implementation of sustainability in the industry and its impact on business. This report includes analysis of responses from senior stakeholders including detailed segmentation which helps the reader to take well informed business decisions. The high number of responses from C-level or equivalents ensures optimum credibility and is responsible for accurate snapshots of sustainability best practice.
This report is the result of an extensive survey drawn from ICD Research’s exclusive panel of leading industry executives. It contains in-depth analysis on the principal drivers and challenges with regards to sustainability plus the market-specific growth opportunities associated with the implementation of sustainable practices. It also benchmarks successful sustainable initiatives and energy-efficiency measures adopted by various companies. This report also examines the impact of sustainability on profits and cost saving targets set by companies. The report also analyzes the sustainability procurement and marketing practices adopted by various companies.
This paper examines the sustainability initiatives in the industry and understands their impact on profits and cost saving targets set by companies. It also analyzes the procurement strategies and practices being undertaken; category-level spending outlooks; changes in sustainable procurement budgets; supplier selection criteria and investment opportunities available for leading purchase decision makers. The report identifies key drivers and practices of green marketing and the channels used to effectively market green credentials.
Key benefits:
• Effectively implement sustainability by understanding the industry’s perception of sustainability and its implementation across business functions analyzing key challenges and opportunities.
• Benchmark sustainability initiatives and energy efficiency measures with key industry leaders and identify prominently used sustainability monitoring practices.
• Manage your finances more accurately by examining the impact of sustainability on costs savings and profits and predicting the change in sustainability budgets in the industry.
• Formulate effective procurement strategies by identifying how sustainability procurement budgets are changing and where spend will be directed to in the future.
• Identify the specific marketing strategies and channels competitors use to win business.
• Drive revenues and cut costs by benchmarking the use of sustainability in the industry and identify new opportunities for growth.
• Uncovers the business outlook, key sustainability challenges and opportunities identified by suppliers and buyers, enabling industry stakeholders to understand major trends affecting the industry.
• Based on primary survey research conducted by ICD Research accessing its premium B2B panels comprised of senior purchase decision makers and leading supplier organizations.
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