Registrar Corp acquired Foodsteps, a UK-based company dedicated to helping food businesses reduce the environmental impact of their products.
“Foodsteps' data platform is like no other. With industry leading data that is recognized through partnerships with the University of Oxford, WWF and WRAP, the company has a track record of helping procurement, sustainability, and marketing teams meet reporting standards and net zero goals. By joining forces, we hope to help businesses comply with sustainability and compliance regulations and facilitate the transition to net zero, by enabling the growth of transparent and sustainable global supply chains," says Brian Thies, SVP of corporate development at Registrar.
"This acquisition represents a significant milestone not just for our team but also for the future of food sustainability. By combining Foodsteps' software, data, and expertise in sustainable food with Registrar's global leadership in regulation and compliance, we are poised to deliver the next generation of sustainability solutions that the food industry needs," adds Anya Doherty, CEO and founder, Foodsteps.
Key takeaways:
- Foodsteps is now used by over 150 food businesses worldwide to accurately measure, understand, reduce, and communicate their environmental impacts from farm to fork.
- Foodsteps' platform analyzes data across company supply chains, incorporating sustainability metrics across farming, packaging, processing, and transport, and providing automated Life Cycle Assessments on products.
- The acquisition will give the platform access to a global market of over 32,000 companies in 190 countries, including 28,000 food businesses, as well as sustainability expertise from Paine Schwartz Partners.
