"The food and beverage sector is natural resource and energy intensive, due to its high dependence on animals, crops, water and refrigeration," Christopher Strong, head of environment for WTW, said. "These dependencies mean businesses are both at risk of negatively impacting the environment, and vulnerable to those impacts, from climate-related weather to depletion of natural resources." (Credit: Mars, Inc.)
Although food and beverage manufacturers have policies in place to cover their main risks, many lack specific coverages to address the risks rated as the biggest threats to success, according to a survey of sector executives by Willis Towers Watson (WTW).
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
