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The Consumer Goods Forum ("CGF") today announced publication of the first-ever 'Sustainable Palm Oil Sourcing Guidelines' (the "Guidelines"). This publicly available document is an important step in helping the consumer goods and retail industries to achieve zero net deforestation by 2020, as outlined in the CGF's Deforestation Resolution. 

"Sell by," "Use by," "Display until" and "Best before" food labels intended to inform consumers about food quality and safety frequently come under fire for their lack of clarity and confusing terminology that contributes significantly to the colossal food waste problem - one that costs families up to $29 billion annually in the United States alone. However, little concrete action has been taken to address the problem. Now, the Consumer Goods Forum (CGF) - a network of 400 of the biggest consumer goods companies across 70 countries - along with Champions 12.3 has approved a Call to Action to standardize food date labels worldwide by 2020.

The Board of The Consumer Goods Forum today called on heads of state across the world to engage and act with determination, leadership and ambition to secure an ambitious and legally binding global climate deal.

The Consumer Goods Forum, UNEP, and the World Resources Institute were among a group of organizations to launch the Food Loss and Waste Accounting and Reporting Standard-a set of global definitions and reporting requirements that enable companies and countries to measure food waste, identify its origin, and implement measures to reduce it.

It started as a dialogue about "ingredients of concern" in cosmetics and other personal care products, orchestrated by rival retailers Target and Walmart. Three years later, that ongoing conversation - facilitated by the Sustainability Consortium and Forum for the Future, and representing 18 industry stakeholders - has produced an ambitious series of recommendations that guide principles of sustainability for this class of consumer goods and how these metrics should be disclosed.

Many companies have taken extensive steps internally to reduce their risk of deforestation; often, though, the efforts are disjointed in relation to supply chain activity and consequently do not easily ladder up to meet an umbrella goal like that of CGF. TSC's KPIs provide a much-needed solution for this.