Fixing the Business of Food: Aligning Food Company Practices with the SDGs

56 Pages Posted: 1 Oct 2021

See all articles by Columbia University- Columbia Center on Sustainable Investment

Columbia University- Columbia Center on Sustainable Investment

Columbia Center on Sustainable Investment; Columbia University - Columbia Center on Sustainable Investment

Barilla Center for Food and Nutrition (BCFN)

Columbia University - Columbia Center on Sustainable Investment

UN Sustainable Development Solutions Network (SDSN)

Columbia University - Columbia Center on Sustainable Investment

Santa Chiara Lab of the University of Siena (SCL)

Columbia University - Columbia Center on Sustainable Investment

Jeffrey D. Sachs

Columbia University - Columbia Earth Institute; National Bureau of Economic Research (NBER)

Urvi Agarwal

Columbia Center on Sustainable Investment

Gaëlle Espinosa

UN Sustainable Development Solutions Network (UN SDSN)

Nora Mardirossian

Columbia Center on Sustainable Investment

Abrania Marrero

Columbia University - Columbia Center on Sustainable Investment

Erin O’Dwyer

Columbia University - Columbia Center on Sustainable Investment

Regan Plekenpol

Columbia University - Columbia Center on Sustainable Investment

Rico Rincón

Columbia University - Columbia Center on Sustainable Investment

Diana Marcela

Columbia University - Columbia Center on Sustainable Investment

Lisa Sachs

Columbia University - Columbia Center on Sustainable Investment

Maher Al Khatib

Santa Chiara Lab - University of Siena (SCL)

Cristiano Busco

Santa Chiara Lab - University of Siena (SCL)

Simone Cresti

Santa Chiara Lab - University of Siena (SCL)

Sebastiano Cupertino

Santa Chiara Lab - University of Siena (SCL)

Giorgio Errera

Santa Chiara Lab - University of Siena (SCL)

Elena Giovannoni

Santa Chiara Lab - University of Siena (SCL)

Valerio Perrella

Santa Chiara Lab - University of Siena (SCL)

Angelo Riccaboni

University of Siena

Cristiana Tozzi

Santa Chiara Lab - University of Siena (SCL)

Gianluca Vitale

Santa Chiara Lab - University of Siena (SCL)

Date Written: September 2021

Abstract

This report is part of an ongoing annual series of reports on Fixing the Business of Food initiated and actively supported by the Barilla Center for Food and Nutrition (BCFN). The report is the product of a team including BCFN, the Columbia Center on Sustainable Investment (CCSI) at Columbia University, the United Nations Sustainable Development Solutions Network (UN SDSN), and the Santa Chiara Lab (SCL) of the University of Siena. CCSI and UN SDSN are responsible for Section 1 of the report, on the Four Pillar Framework. Santa Chiara Lab is responsible for Section 2 of the report, on applying the Four Pillar Framework to a selection of major food companies. The BCFN has generously and actively supported the entire project and has been involved in all aspects of this work.

We emphasize that Fixing the Business of Food is an annual report and very much a work in progress. The challenges that we are describing and aiming to address are deep, complex, and still very much under-addressed. Food companies are just becoming aware of the magnitude of the crisis, and many governments remain wholly unaware. The UN Food System Summit aims to change this reality, with all due urgency. We recognize that we are just at the start of a longterm transformation of the food system, and other parts of society (energy, infrastructure, health, education, and others) to achieve the SDGs, fulfill the Paris Climate Agreement, and ultimately, to build the future we want. Companies are just now becoming aware of the Four Pillar Framework. We intend to continue to develop, deepen, and expand our work in the years ahead, and therefore welcome comments, feedback, and opportunities for exchanging viewpoints and information.

Keywords: Four Pillar Framework, UN SDGs, food sector companies, climate change, food systems, sustainability performance and practices

JEL Classification: I1, I15, I18, I32, I38, Q00, Q01, Q02, Q12, Q13, Q14, Q18, Q22, Q28, Q52, Q53, Q54, Q58

Suggested Citation

Columbia Center on Sustainable Investment, Columbia University- and Columbia Center on Sustainable Investment, Columbia University- and (BCFN), Barilla Center for Food and Nutrition and (SDSN), UN Sustainable Development Solutions Network and (SCL), Santa Chiara Lab of the University of Siena and Sachs, Jeffrey D. and Agarwal, Urvi and Espinosa, Gaëlle and Mardirossian, Nora and Marrero, Abrania and O’Dwyer, Erin and Plekenpol, Regan and Rincón, Rico and Marcela, Diana and Sachs, Lisa and Al Khatib, Maher and Busco, Cristiano and Cresti, Simone and Cupertino, Sebastiano and Errera, Giorgio and Giovannoni, Elena and Perrella, Valerio and Riccaboni, Angelo and Tozzi, Cristiana and Vitale, Gianluca, Fixing the Business of Food: Aligning Food Company Practices with the SDGs (September 2021). Available at SSRN: https://ssrn.com/abstract=3932013 or http://dx.doi.org/10.2139/ssrn.3932013

Columbia University- Columbia Center on Sustainable Investment (Contact Author)

Columbia University - Columbia Center on Sustainable Investment ( email )

William C. Warren Hall, 1st floor
410 West 116th Street
New York, NY 10027
United States

Columbia Center on Sustainable Investment ( email )

William C. Warren Hall, 1st floor
410 West 116th Street
New York, NY 10027
United States

Barilla Center for Food and Nutrition (BCFN)

Columbia University - Columbia Center on Sustainable Investment

William C. Warren Hall, 1st floor
410 West 116th Street
New York, NY 10027
United States

UN Sustainable Development Solutions Network (SDSN)

Columbia University - Columbia Center on Sustainable Investment

William C. Warren Hall, 1st floor
410 West 116th Street
New York, NY 10027
United States

Santa Chiara Lab of the University of Siena (SCL)

Columbia University - Columbia Center on Sustainable Investment

William C. Warren Hall, 1st floor
410 West 116th Street
New York, NY 10027
United States

Jeffrey D. Sachs

Columbia University - Columbia Earth Institute ( email )

314 Low Library
535 West 116th Street, MC 4327
New York, NY 10027
United States
212-854-8704 (Phone)
212-854-8702 (Fax)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Urvi Agarwal

Columbia Center on Sustainable Investment

William C. Warren Hall, 1st floor
410 West 116th Street
New York, NY 10027
United States

Gaëlle Espinosa

UN Sustainable Development Solutions Network (UN SDSN)

New York, NY 10017
United States

Nora Mardirossian

Columbia Center on Sustainable Investment ( email )

William C. Warren Hall, 1st floor
410 West 116th Street
New York, NY 10027
United States

Abrania Marrero

Columbia University - Columbia Center on Sustainable Investment

William C. Warren Hall, 1st floor
410 West 116th Street
New York, NY 10027
United States

Erin O’Dwyer

Columbia University - Columbia Center on Sustainable Investment

William C. Warren Hall, 1st floor
410 West 116th Street
New York, NY 10027
United States

Regan Plekenpol

Columbia University - Columbia Center on Sustainable Investment

William C. Warren Hall, 1st floor
410 West 116th Street
New York, NY 10027
United States

Rico Rincón

Columbia University - Columbia Center on Sustainable Investment

William C. Warren Hall, 1st floor
410 West 116th Street
New York, NY 10027
United States

Diana Marcela

Columbia University - Columbia Center on Sustainable Investment

William C. Warren Hall, 1st floor
410 West 116th Street
New York, NY 10027
United States

Lisa Sachs

Columbia University - Columbia Center on Sustainable Investment ( email )

William C. Warren Hall, 1st floor
410 West 116th Street
New York, NY 10027
United States
(212) 854-0691 (Phone)

Maher Al Khatib

Santa Chiara Lab - University of Siena (SCL) ( email )

Cristiano Busco

Santa Chiara Lab - University of Siena (SCL) ( email )

Simone Cresti

Santa Chiara Lab - University of Siena (SCL) ( email )

Sebastiano Cupertino

Santa Chiara Lab - University of Siena (SCL) ( email )

Giorgio Errera

Santa Chiara Lab - University of Siena (SCL) ( email )

Elena Giovannoni

Santa Chiara Lab - University of Siena (SCL) ( email )

Valerio Perrella

Santa Chiara Lab - University of Siena (SCL) ( email )

Angelo Riccaboni

University of Siena ( email )

Piazza San Francesco, 7
I-53100 Siena, 53100
Italy

Cristiana Tozzi

Santa Chiara Lab - University of Siena (SCL) ( email )

Gianluca Vitale

Santa Chiara Lab - University of Siena (SCL) ( email )

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