Sustainability Assessment (COSIRI) – Guided Pathway towards Sustainable Food Manufacturing

Dates: Jul 22 - 23, 2024
Location: Singapore, Indonesia, Malaysia, Philippines, Thailand, Taiwan, Australia & New Zealand, Vietnam
Venue: Singapore, Indonesia, Malaysia, Philippines, Thailand, Taiwan, Australia & New Zealand, Vietnam

Carbon Reduction, Net Zero, Quantifiable Framework, Sustainable Manufacturing, Yokogawa, COSIRI Consultant

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International Centre for Industrial Transformation

 

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More than 25% of global greenhouse gas emissions are attributed to the food industry. As food manufacturers, much of the sustainability burden falls on your shoulders as the world moves towards net-zero emission goals. This is why food manufacturers must face the challenges to meet regulatory requirements and to exceed consumer expectations. Sustainable goods and services are no longer a niche section of the market as consumers behaviors are shifting and are more willing to switch to a “greener” food brand on their tables.

Find out why developing a sustainable manufacturing strategy is essential for your food manufacturing operations and how the sustainability assessment can help you establish a holistic view for your current sustainability maturity levels, and developing an agile roadmap towards achieving your sustainability goals.

The Current Sustainability Landscape in Food Manufacturing

Right now, the food manufacturing sector is undergoing significant changes towards sustainable manufacturing, driven by technological advancements, regulatory frameworks, and consumer demand for eco-friendly products. The region's focus on sustainable practices, from farming to packaging, and the integration of advanced technologies are key factors shaping the future of food manufacturing.

It can be challenging to pinpoint where to start, as the shift to sustainable manufacturing will impact all facets of the company. Keeping a food factory on track to meet sustainability goals can feel like a balancing act with no end in sight. From food waste mitigation and lowering carbon footprints to sustainable packaging and sourcing, theres much to do but ambiguity on where to begin.

 

What is Sustainability Assessment?

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Sustainability Assessment enables food factories to formally assess their current level of sustainability. The assessments provide companies with invaluable insights into risk and gaps and what can be done to improve their standing. To help food companies pace their sustainability initiatives, the assessment provides a benchmark of company’s position against industry peers.

 

The sustainability assessment is building on Consumer Sustainability Industry Readiness Index (COSIRI), an independent and neutral sustainability framework developed by INCIT and endorsed by World Economic Forum. COSIRI Framework assesses 24 dimensions across four core elements of sustainability:

  • Strategy and Risk Management
  • Sustainable Business Processes
  • Technology
  • Organization and Governance

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How Yokogawa Can Help

To help your company transition towards net-zero goals:

  • Our consultants are qualified and certified by INCIT for conducting formal COSIRI Assessments globally.
  • Our consultants have deep domain knowledge of manufacturing operations, supply chain and product innovations.
  • Raising awareness on sustainability to increase stakeholders’ adoption across company functions.
  • Developing a realistic sustainability roadmap with clear action items and ownership.
  • Support implementation of identified initiatives and solutions.

 

Book a Meeting with Yokogawa

Register your interest to speak with our consultants today and start your journey towards a sustainable future in food manufacturing. Our team is ready to listen to your concerns and help you decide the next steps going forward.

Source: 

https://asiafoodjournal.com/brands-singapore-sustainability-in-the-food-industry/

https://specright.com/blog/transforming-the-landscape-emerging-sustainability-trends-in-the-food-industry

https://brandzasia.com/top-brands-embrace-sustainability-in-the-food-industry/

https://tech.eu/2023/12/20/sustainability-dominated-the-foodtech-landscape-in-2023-here-s-what-it-means-for-2024/

https://tracextech.com/food-industry-trends-2024/

 

About INCIT 

INCIT

INCIT develops and deploys globally referenced frameworks, tools, concepts and programs for the international manufacturing community to drive industrial transformation and progress.

 

COSIRI PROGRAMME

Drive Smart. Sustainable Manufacturing with the Consumer Sustainability Industry Readiness Index (COSIRI)

The world's first neutral, independent and quantifiable framework for CO2 reduction reaching Net Zero.

 

INDUSTRIES 

Food and Beverage, Pharmaceutical, Chemicals, Fine Chemicals, Speciality Chemicals, Mining, and many others.

 

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