UBS Women Forum Keeping entrepreneurial business alive
Mette Lykke, UBS Global Visionary and CEO of 'Too Good to Go' shares her approach to keeping entrepreneurial businesses alive at this time.
- Too Good To Go connects people with food that shops and restaurants would otherwise have thrown away, from baked goods to groceries. It is the world’s largest anti-food waste app, with almost 20 million users across 15 countries, who have to date saved more than 30 million meals.
- One-third of all food produced for human consumption goes to waste; this comes at a huge environmental cost, responsible for about 8% of the world's greenhouse gases plus the land, water and other resources used to produce the food1. Too Good To Go estimates to have saved over 76-thousand tons of CO22.
- The certified B-Corporation3 employs about 500 people and works with almost 40,000 food partners, including Lidl, Morrisons, Starbucks and Pizza Hut. They plan to open in New York and Boston in late 2020.
- Too Good To Go partners with the FAO4 to distribute free educational material to young people and, as confusion about the difference between 'best before' and 'use by' dates accounts for 10% of food waste5, also works with producers like Carlsberg and Nestle to improve labelling6.
- Too Good To Go has won various awards including Europe's hottest start up at Next Web 20197, while Mette previously co-founded fitness app Endomondo which later sold to US sports brand Under Armour and now has more than 30-million users globally.
Too Good To Go dreams of a world with no food waste, and works with businesses, schools, governments and households to make it happen.
