$1.9M in expenses

Business initiatives program services accomplishments:refed notably expanded the membership and activities of the u.s. Food waste pact, a national voluntary agreement designed to help waste-generating businesses across the food system to accelerate progress toward their sustainability goals. Membership now includes food businesses from retail, food service, manufacturing, and QSR sectors, including representing over 60% of the u.s. Retail market share as measured by retail sales. Refed also continued to provide client-facing services to individual food businesses, helping to align food waste reduction, sustainability, and operational strategies. In total, refed engaged 46 businesses across the year.

$2.5M in expenses

Capital & innovation program service accomplishments:refed's capital & innovation division continued to fund and unlock additional opportunities for advancing solutions to food waste through the catalytic grant fund. To date the fund has unlocked at least $30m in funding for its portfolio of grantees representing a 15x impact of refed's initial grant investment. In working directly with capital providers and those seeking capital, refed curated 17 connections leading to funding. More broadly, we identified and promoted 132 funding opportunities valued at over $240m through deal flow reports.

$2.0M in expenses

Data & insights program service accomplishments:refed's insights engine has now reached over 195,000 unique visitors and the organization has documented nearly 3,000 meaningful use cases of stakeholders engaging with and applying the data and insights shared within. Refed also migrated its data collection capabilities to a web-based application in order to streamline food business data reporting, enhance security capabilities, and increase data processing efficiencies. Refed also advanced new research to enhance our understanding of food waste and related solutions in methane emission factors, production losses in beef and dairy, enhanced solution modeling in the manufacturing sector, and whole supply chain analyses of beef, yogurt, potatoes, strawberries, plums, and bananas.

$421K in expenses

Other program service accomplishments:refed's thought leadership and movement building efforts have helped to build an engaged audience of nearly 27,000 stakeholders from across the food system. The annual food waste solutions summit welcomed 727 attendees, its largest audience to-date. Refed also hosted 7 webinars and engaged in 36 additional speaking engagements. Our media reach included 429 media mentions and an overall reach of 5 billion.