Consumer Perspectives and Strategies for Sustainable Food Choices: Insights from ING's Consumer Survey and Practical Tracks for Reducing Carbon Footprint, Minimizing Food Waste, and Stimulating Sales of Sustainable Products

How to encourage the consumption of protein products with a lower carbon footprint
How to help consumers reduce food waste at the household level
How to stimulate additional sales of more sustainable products
Emission reduction targets give companies a stronger incentive to encourage consumers to change diets
Many investors expect corporates to align with climate targets, and submitting formal CO2 reduction targets to bodies like the Science Based Targets initiative carries obligations. So food companies, and especially retailers, increasingly have an interest in encouraging a shift in consumer demand due to strategic incentives. One example is that several major European retailers aim to grow the share of plant-based protein products at the expense of animal-based products for environmental and health reasons. As a result, they have been building a larger range of plant-based products and are working towards price parity. While these are soft commitments, they do give an idea of the direction these retailers want to take and what they expect from their suppliers.
But the economic incentive is often missing
However, in many cases, the economic incentive is missing. Stocking more climate-friendly products that no one buys, convincing customers to buy less of your product and helping consumers to discard less food are not viable business strategies due to their negative impact on sales volumes. Here, markets fail to provide the most desirable outcome for society which warrants policy interventions that help to make that the products that land on our plates are more sustainable.