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Dip into the (Profit) Pool Blog 02 Nov 2021 E2E Value Chain Dip into the (Profit) Pool No matter how you define value, for-profit companies will continue to be measured by, well, profit. Of course, there is accounting profit and economic profit. The major difference is that accounting profit only considers tangible costs; economic profit includes opportunity costs and other intangibles. If you want to think ahead, then economic profit and the […]
The Paradox of Value Blog 19 Oct 2021 E2E Value Chain The Paradox of Value If there is something important the COVID-19 pandemic has reminded us of, it is that many things are more valuable than money. Perhaps this shouldn’t surprise anyone. For example, the economic principle that states that scarcity of something leads to higher prices doesn’t make much sense when the item is health, water or access to […]
Collaboration With Rivals Crucial to Unlocking Profit for Consumer Products Companies Press Release 04 May 2017 Collaboration With Rivals Crucial to Unlocking Profit for Consumer Products Companies LONDON, 4th May 2017 — Consumer products companies need to collaborate with rivals to unlock new sources of profitable growth amid converging market challenges. That is according to an EY report commissioned by The Consumer Goods Forum:To deliver profitable growth in the world of the new consumer – must your old rivals become your best friends? […]
The Future of Value Creation Blog 26 Oct 2021 E2E Value Chain The Future of Value Creation It isn’t sufficient to talk about Value Creation: value has to be sustained. The International Federation of Accountants talks about a cycle of definition, creation, delivery, and sustainability. This idea of a dynamic Value Creation life-cycle based on changing stakeholders’ perspectives on the meaning of value is a break with the static, free market view […]
Keeping Forests as Forests Enhances Quality of Life and Helps Meet UN SDGs Blog 18 Sep 2017 Forest Positive Keeping Forests as Forests Enhances Quality of Life and Helps Meet UN SDGs     Sourcing products from well‑managed forests certified to an independent third-party standard is an effective way to help your organisation meet the UN’s Sustainable Development Goals (SDGs) and other sustainability targets while helping forests. Of course, the idea that creating more commercial demand for forests products could actually help protect forests seems counterintuitive. But […]
Press Release 23 Aug 2013 E2E Value Chain NEW Standard to Boost Package Sustainability Released by GS1 with Collaboration of The Consumer Goods Forum    BRUSSELS, 23rd August 2013 – GS1, the neutral, not-for-profit organisation that facilitates collaboration amongst trade partners with global standards across 150 countries, has released its newest standard, the Global Protocol for Packaging Sustainability (GPPS).    The GPPS, which was developed by The Consumer Goods […]
Press Release 03 Nov 2011 Consumer Goods Forum Recommends Improved Collaboration Between Governments and Business on Sustainable Growth and Job Creation The Consumer Goods Forum made three recommendations to the G20 member governments (see Notes for Editors, overleaf), recommending that G20 states should agree and adopt a common understanding of sustainable growth and work with business to help improve quality of life across the world. Kent and Olofsson highlighted the potential for private-public partnerships to create […]
First-Ever Global Standard to Measure Food Loss and Waste Introduced by International Partnership Press Release 06 Jun 2016 Environmental Sustainability First-Ever Global Standard to Measure Food Loss and Waste Introduced by International Partnership Key Points: New international framework launched to empower businesses, governments, and other organisations to measure, report on and manage food loss and waste  An estimated one-third of all food is lost or wasted worldwide as it moves from where it is produced to where it is eaten, even as more than 800 million people are […]
The Values of Values: Setting the Course (Defining Values) Blog 14 Apr 2020 Corporate The Values of Values: Setting the Course (Defining Values) This is the first of three articles in a series about ‘the value of values’ in which we will highlight values as a guiding principle for positive impact. We’ll begin by defining what values are, how they’re used, and their evolution for use in business. The second article will be about walking the talk: identifying […]
Food Fraud: Impact of Counterfeits on Consumers’ Safety & Brand Reputation Blog 30 Mar 2021 E2E Value Chain Food Fraud: Impact of Counterfeits on Consumers’ Safety & Brand Reputation With over 30% of shoppers saying they will shift at least some of their spending away from brick-and-mortar stores towards e-commerce, consumers are showing increased trust in online shopping for their groceries. In fact, the recent spike in consumer demand for fresh and frozen food in the e-commerce channel is expected to climb from nearly […]
Three Ways Businesses Can Help Refugees Blog 04 Oct 2018 Sustainable Retail Summit Three Ways Businesses Can Help Refugees The global refugee crisis is one of the defining challenges of our time. The number of refugees around the world is at an all-time high — over 25 million — and that number continues to grow. Governments, multilateral organizations, and NGOs cannot address this issue alone. A crisis of this size and magnitude warrants concerted action […]
Press Release 11 Dec 2012 The Consumer Goods Forum and The Sustainability Consortium Announce Global Partnership to Harmonise Sustainability Measurement  PARIS, 11th December 2012 – As the consumer goods industry continues to drive sustainability throughout the supply chain, there is an increasing need for a globally harmonized approach to measure and communicate product lifecycles. Today, a joint programme between two leading global organisations was announced that will tackle this issue. The organisations are: The Consumer […]
CGF Announces New Members for August 2018 Press Release 31 Aug 2018 Corporate CGF Announces New Members for August 2018 PARIS, 31st August 2018 — The Consumer Goods Forum is delighted to announce the following new companies have joined our global membership community and, in doing so, have confirmed their commitment to our vision of better lives through better business. pladis is one of the world’s leading snacking companies and home to beloved brands including McVitie’s and Ulker. […]
Defend Against Inflation With Resilient Supply Chains Blog 08 Mar 2022 E2E Value Chain Defend Against Inflation With Resilient Supply Chains For years, prices around the world have rising moderately. And we expect that; it’s part of how economics and business works. The difference is, now we are currently experiencing some of the highest spikes in a decade, spurred by supply chain shortages and large doses of government stimulus. The consumer price index (CPI) increased by […]
CGF Forced Labour Initiative Welcomed at Meeting with Pope Francis Press Release 19 Jan 2017 CGF Forced Labour Initiative Welcomed at Meeting with Pope Francis The Consumer Goods Forum key contributor to event that brought together leaders in business, international institutions, academia, faiths, the media and civil society Roundtable had strong endorsement from the Vatican, including an audience with His Holiness, Pope Francis PARIS, 19th January 2017 – On 13th and 14th January, Peter Freedman, Managing Director of The Consumer Goods Forum […]
Empowering Women and Encouraging Entrepreneurship in the Cocoa Supply Chain Blog 08 Mar 2022 Human Rights - Working to End Forced Labour Empowering Women and Encouraging Entrepreneurship in the Cocoa Supply Chain In celebration of International Women’s Day on 8th March, I’m happy to reflect on and share progress for recent initiatives Ferrero has undertaken together with our partners to elevate and support women who play a significant role in our cocoa supply chain. The Ivory Coast is an important source of cocoa for Ferrero. Together with […]