Supplier
Spotlight

Overview

Headquarters: Boston, Massachusetts

Methodology: Waste Management

Mechanism: Avoidance

Registries: Verra

United Nations SDGs: No Poverty, Zero Hunger, Good Health and Well-Being, Reduced Inequalities, Responsible Consumption and Production, Climate Action

mission

The Food Wasteless Future

Brightly envisions a future where food waste is eliminated, food insecurity is eradicated, and businesses lead the charge in climate action.

Brightly creates evergreen funding for Food Rescue Organizations while helping the most forward thinking for-profit companies in the world neutralize their carbon footprint.

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“Carbon Financing from credits sold via Brightly will cover transportation and logistics costs, ensuring we can expand our reach to rescue even more food from going to waste. It will also enable us to pursue more innovative and sustainable practices, such as expanding our composting operations and reducing greenhouse gas emissions associate with food waste, ultimately multiplying the environmental and social impact of our work.”
sharing Excess
Food Waste Non-Profit
Project

Reducing Food Waste (VSC4711)

Roughly 30% of our global food supply goes uneaten every year due to inefficiencies at every part of the supply chain, emitting methane, a greenhouse gas 86 times more potent than carbon dioxide. If this food waste represented its own country, it would be the third largest emitter of GHGs, just behind the U.S. and China.

Every year, Food Banks rescue 8.8 billion pounds of fresh, edible food that would have otherwise gone to waste. This food is rescued from retailers, farmers, foodservice, and other food establishments, and is distributed to communities who lack sufficient food. In 2022, 54 million people received food assistance from the charitable sector, largely relying on Food Banks. Food Banks play a critical role in bridging the gap between food insecurity and surplus, ensuring that food reaches those in need.

However, the majority of Food Banksface a myriad of operational and financial obstacles along the way. Most of these organizations are nonprofits operating on a small scale and serving their local communities.

Brightly is on a mission to create sustainable revenue streams for these organizations through its food waste project. This project measures and quantifies the avoidance of methane emissions caused by food waste. The resulting carbon offsets provide financial stability to essential organizations that bridge the gap between scarcity and abundance.

Data

Food Waste by the Numbers

Summary

Brightly in the Carbon Markets

Cloverly is proud to be a partner to Brightly, who offers corporations carbon offsets available to help address greenhouse gas emissions combined with the opportunity to create tremendous social impact.