Amazon pushed by investors to reconsider food waste opportunities

Read the full story at Waste Dive.

Investors, including Green Century Capital Management Inc., are pushing Amazon to publicly address how much food from its grocery operation goes to waste, according to The Wall Street Journal.

The investors asked the Securities and Exchange Commission (SEC) to force Amazon to allow its shareholders to vote on a motion asking the company to explain its plans for mitigating the cost and environmental damage of wasted food.

Amazon told Green Century in January that food waste “wasn’t material,” and that food represented less than 1% of its operating expenses and assets in 2017, enabling the company to exclude the proposal under SEC rules.

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