The UK’s leading redistributor and retailer of surplus products has released its annual Impact Report, shining a light on the power of a circular economy and revealing it has hit the milestone of redistributing 1 billion items since its launch.
The Impact Report reveals that in the last 12 months alone:
47,000 tonnes of food and drink were redistributed by Company Shop Group
117million individual units have been redistributed, saving 121,0000 tonnes of Co2.
For members shopping in its Company Shop ‘Surplus Supermarkets’ and social enterprise Community Shop stores, this has meant a saving of £137million on shopping bills.
The group delivers financial, environmental and social impact by working closely with more than 800 retailers, manufacturers and brands, helping them to meet their own sustainability targets with trackable results and measurable outcomes and paying £51million to these partners for surplus goods over the last 12 months - £219million in the last five years.
Chris Burns, Group Managing Director of Company Shop Group, says: “Each year, the UK produces around 10.7million tonnes of food waste, presenting a potentially catastrophic threat to our planet, contributing significantly to carbon emissions and the unnecessary use of natural resources.
“Our purpose has always been clear, to stop surplus becoming waste by creating an effective and easy solution for the industry to redistribute surplus, at scale. Every product saved from waste represents not just an environmental win, but a practical demonstration that surplus can be managed differently and I am immensely proud of what Company Shop Group continues to achieve - not only this year, but over more than five decades of pioneering work to tackle food loss and waste.”