With 1.5 billion hectares under cultivation globally and over $4 trillion in annual retail sales, the food industry has a huge impact economically, socially and environmentally. As a result, companies face mounting environmental constraints, more stringent regulations, pressure from NGOs and consumer demand for social responsibility, said Innovest Strategic Value Advisors Inc. in a July 2003 report on the global food product industry. “Food product companies are feverishly
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