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MDIA-FOOD-150613

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FOOD is a key input to WELLNESS which is a major component of QUALITY OF LIFE.

The SUPPLY CHAIN for FOOD is a big factor in ENVIRONMENTAL DEGRADATION.

There is also a substantial amount of WASTE throughout the FOOD LIFE CYCLE which also is a factor in ENVIRONMENTAL DEGRADATION.

Published in: Data & Analytics
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MDIA-FOOD-150613

  1. 1. MULTI DIMENSION IMPACT ACCOUNTING File: MDIA-p3-05-FOOD-150420.odp Peter Burgess (c) All rights reserved MDIA FOOD
  2. 2. MULTI DIMENSION IMPACT ACCOUNTING WORK-IN-PROGRESS. SLIDESET STILL IN DEVELOPMENT. UPDATES WILL BE POSTED OVER THE NEXT SEVERAL WEEKS
  3. 3. FOOD is a very large part of the global economy … important for society and with a substantial environmental footprint. MULTI DIMENSION IMPACT ACCOUNTING
  4. 4. The PURPOSE of FOOD FOOD is essential for people to live. Without FOOD people starve to death. MULTI DIMENSION IMPACT ACCOUNTING
  5. 5. MULTI DIMENSION IMPACT ACCOUNTING FOOD ISSUES – FOOD SHORTAGE SunSun BOP Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Capital Natural Capital Sun
  6. 6. But too much food … and the wrong food results in obesity. Especially when it is coupled with a sedentary life style. MULTI DIMENSION IMPACT ACCOUNTING
  7. 7. MULTI DIMENSION IMPACT ACCOUNTING SunSun BOP Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Capital Natural Capital Sun FOOD ISSUES – FOOD ABUNDANCE
  8. 8. MULTI DIMENSION IMPACT ACCOUNTING FOOD ISSUES – FOOD ABUNDANCE SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital SunSunSun BOP Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Capital Natural Capital Sun
  9. 9. Good food … and exercise … is the formula for wellness MULTI DIMENSION IMPACT ACCOUNTING
  10. 10. MULTI DIMENSION IMPACT ACCOUNTING Sun WELLNESS – LIFESTYLE - EXERCISE Sun BOP Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Capital Natural Capital Sun
  11. 11. … especially for children MULTI DIMENSION IMPACT ACCOUNTING
  12. 12. MULTI DIMENSION IMPACT ACCOUNTING Sun WELLNESS – LIFESTYLE – EXERCISE especially for children Sun BOP Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Capital Natural Capital Sun
  13. 13. MULTI DIMENSION IMPACT ACCOUNTING Sun WELLNESS – LIFESTYLE – EXERCISE especially for children Sun BOP Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Capital Natural Capital Sun
  14. 14. MULTI DIMENSION IMPACT ACCOUNTING Sun FOOD ISSUES Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun FEED LOT BEEF
  15. 15. MULTI DIMENSION IMPACT ACCOUNTING Sun FOOD ISSUES Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun FEED LOT BEEF
  16. 16. MULTI DIMENSION IMPACT ACCOUNTING Sun FOOD ISSUES Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun BATTERY CHICKEN
  17. 17. MULTI DIMENSION IMPACT ACCOUNTING Sun FOOD ISSUES Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun BATTERY CHICKEN
  18. 18. MULTI DIMENSION IMPACT ACCOUNTING Sun FOOD ISSUES Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun IRRIGATION
  19. 19. MULTI DIMENSION IMPACT ACCOUNTING Sun FOOD ISSUES Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun IRRIGATION
  20. 20. MULTI DIMENSION IMPACT ACCOUNTING Sun FOOD ISSUES Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun IRRIGATION
  21. 21. MULTI DIMENSION IMPACT ACCOUNTING Sun FOOD ISSUES Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun PALM OIL PLANTATION
  22. 22. MULTI DIMENSION IMPACT ACCOUNTING Sun FOOD ISSUES Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun PALM OIL DEFORESTATION
  23. 23. MULTI DIMENSION IMPACT ACCOUNTING Sun FOOD ISSUES Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun FOOD CYCLE
  24. 24. MULTI DIMENSION IMPACT ACCOUNTING Sun FOOD ISSUES Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun FOOD CYCLE
  25. 25. MULTI DIMENSION IMPACT ACCOUNTING Sun FOOD ISSUES Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun FOOD CYCLE
  26. 26. FOOD is a PRODUCT Used by people to live their lives; Made by companies; Inputs to economic activities; Outputs from economic activities; Flows through a supply chain; Has impact during use; Has impact post use in the waste chain; Product links everything. MULTI DIMENSION IMPACT ACCOUNTING
  27. 27. A lot of FOOD is wasted: ● It is wasted on farms; ● It is wasted during post harvest transport, storage and processing; ● It is wasted in supermarkets and shops; ● It is wasted in restaurants; ● It is wasted in household kitchens, and on the dining room table. According to UNEP in 2010, about 1/3 of all food produced for human consumption is wasted … some 1.3 billion tons a year MULTI DIMENSION IMPACT ACCOUNTING
  28. 28. The FOOD industry ● A growing number of very large food companies; ● Agriculture increasingly dominated by corporate farms; ● Technology supported monoculture a big part of modern food production; ● MULTI DIMENSION IMPACT ACCOUNTING
  29. 29. FOOD industry pollution ● River pollution from farmland runoff containing residues of pesticides, fertilizer and other chemicals; ● Chemical residues on and in the crops; ● MULTI DIMENSION IMPACT ACCOUNTING
  30. 30. FOOD industry and WATER ● There is a growing shortage of water, and the agriculture sector is the world's largest user of water; ● Without water for irrigation, food crop production would be much smaller; ● In recent decades water for irrigation has been 'mined' to enable agriculture … examples are Israel, Libya and California ● Water pollution is being caused by farm runoff containing agricultural chemicals. MULTI DIMENSION IMPACT ACCOUNTING
  31. 31. GOOD FOODS for wellness ● Food is an important part of living, but the impact of different foods on wellness varies a lot; ● Freshly cooked vegetables tend to be very good; ● Processed foods containing ingredients like sugar and sugar substitutes tend to be bad; ● Variety is good; ● Nutrition density is an emerging metric. MULTI DIMENSION IMPACT ACCOUNTING
  32. 32. FOOD impacts on HEALTH ● Food provides nutrition that is essential to life; ● Foods that contain sugar in all of its forms contribute to many bad health outcomes; ● There is an understanding that micronutrients are important for good health. Similarly microtoxins detract from good health; ● Fresh food is usually better than processed food; MULTI DIMENSION IMPACT ACCOUNTING
  33. 33. MEAT versus VEGETABLES ● The money cost of meat is much higher than most vegetables simply because the rearing of livestock takes longer and requires more inputs. ● There may be a taste advantage with meat, but the nutrition and wellness benefit of vegetables is just as high, or higher. ● The environmental impact of meat production is much greater than for vegetables MULTI DIMENSION IMPACT ACCOUNTING
  34. 34. FISH and SEAFOOD ● Fish and seafood are healthy foods; ● The environmental impact of eating fish or seafood depends on the specie and where it came from; ● Many resources are over-exploited; ● Many fish farms are located in places which result in environmental damage. MULTI DIMENSION IMPACT ACCOUNTING
  35. 35. MULTI DIMENSION IMPACT ACCOUNTING Sun The IMPACT of FOOD Sun BOP Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Capital Natural Capital Sun
  36. 36. MULTI DIMENSION IMPACT ACCOUNTING Credit: Daniel Hood, Project Director, Agritech Media - Nexasphere Platform
  37. 37. MULTI DIMENSION IMPACT ACCOUNTING Sun FOOD Activities Individual QoL Individual QoL Use of Pesticides Use of Land The IMPACT of FOOD Use of Water Use of Fertilizers Air Pollution Use of Growth Hormones and Antibiotics Use of Energy Use of Equipment Use of Labor Inputs Money Price Money Profit Money Cost True Value Value Add True Cost Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun
  38. 38. MULTI DIMENSION IMPACT ACCOUNTING Sun FOOD Activities Individual QoL Individual QoL What FOOD to BUY or NOT-TO-BUY Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun Money Price Money Profit Money Cost True Value Total Value Add True Cost Perceived Value User Value Add Money Price The USER or CONSUMER PERSPECTIVE The SOCIAL or TOTAL TRUE PERSPECTIVE The BUSINESS or CORPORATE PERSPECTIVE

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