A global initiative, the OLIO scheme works with over 35,000 volunteer ‘Food Waste Heroes’, who visit stores to collect surplus food nearing its best before or use-by date and redistribute it to the local community. This programme effectively acts as an enterprise play amongst food businesses and restaurants to achieve zero food waste, reduce their environmental impact and cut carbon emissions.

Demand from both UK and international businesses to reduce their waste is being driven by growing ESG commitments. With their most recent investment round, OLIO plans to accelerate its international expansion plans, growing its Food Waste Heroes Programme. It will also focus on 10 key markets in Latin America, Northern Europe and Asia, where they are seeing strong organic growth.