Food waste is a huge issue for Franprix, a French supermarket chain that operates some 300 stores. Like every other large supermarket chain, its stores get stuck with unsellable inventory that is still safely consumable. In the past the supermarket had to pay to haul away tons of food as garbage, at a cost not only to its bottom line but the environment.Enter Phenix, a venture capital-backed French startup, which is turning food heading for the trash into cash for Franprix and other clients, while simultaneously helping solve the UN’s Sustainable Development Goals (SDGs) and providing meals for the needy. It is just one example of how large companies, startups and government can help solve the SDGs by working together.
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