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home / news releases / SVFD - Save Foods Inc. (NASDAQ: SVFD) Provides Solutions to Growing Problem of Food Waste Safety


SVFD - Save Foods Inc. (NASDAQ: SVFD) Provides Solutions to Growing Problem of Food Waste Safety

  • A new study reveals that an estimated 2.5 billion tons of food goes uneaten around the world each year
  • Producing food uses a huge amount of land, water and energy, so wasted food significantly impacts climate change”
  • Save Foods is committed to address two major global issues: food waste and loss, and food safety

An estimated 2.5 billion tons of food goes uneaten worldwide each year, according to the latest study done by World Wildlife Fund (“WWF”) and U.K. retailer Tesco Plc. (https://ibn.fm/vfC5U). That is an astonishing 1.2 billion tons more than previously reported, making the work done by Save Foods (NASDAQ: SVFD), an agri-food tech company focused on creating solutions to food waste and loss as well as food safety, even more urgent.

“Today, WWF and Tesco publish ‘Driven to Waste,’ a new report that quantifies the total amount of food lost on farms globally, revealing an estimated 2.5 billion tonnes of food goes uneaten around the world each year,” WWF reported. “That is an increase of approximately...

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NOTE TO INVESTORS: The latest news and updates relating to SVFD are available in the company’s newsroom at http://ibn.fm/SVFD

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Stock Information

Company Name: Save Foods Inc.
Stock Symbol: SVFD
Market: NASDAQ

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