When technology expert Ben Wilding wanted a name for his sustainable cooking oil company, he thought hard about why the company’s mission was so important.
They named it Sun Bear Bioworks after the world's smallest bear, an animal endangered by deforestation because of palm oil plantations.
“We wanted something to keep us laser-focused on the reason we’re doing this,” Wilding explains.
“90 per cent of palm oil is produced in Malaysia and Indonesia. It has had a massive impact on biodiversity, resulting in there being fewer than 1000 sun bears left in the wild. Every time we say the name, it's a memory jog as to why we're here.”
Palm oil is a $70 billion industry (€80 billion) and is expected to grow to $100 billion (€114 billion) by 2030. Wilding believes that in many ways palm oil is a superfood.
“It needs a lot less land than other oils such as olive. It is in over 200 products. It is odourless, tasteless and is semi-solid so can be made into margarine or refined for frying and salads,” he says.
“Our replacement can be made from waste products such as potato peelings from crisp manufacturing. We use precision fermentation to produce an oil with the same properties as palm oil, and gene editing to increase the amount, to make it commercially viable.”
Sun Bear’s alternative oil is at the lab stage, but the company has generated much interest and has secured funding to scale up.
It is just one of many businesses hoping to change the food system and create more sustainable options for the future.
There are currently a host of scientists, food manufacturers, investors, NGOs and governments working to make what we eat better for the planet, for human health and for animal welfare. Together they are applying new inventions and innovations to shape what will be on our plates tomorrow.
Why do food systems need to change?
There are myriad good reasons for wanting to change the food system.
Hunger, malnutrition, obesity, ill health, environmental degradation, climate change and animal abuse are just some of the issues that need to be tackled, according to a 2021 UN summit and report.
It points out that globally the food system is responsible for 20-30 per cent of global greenhouse gas emissions, and agriculture is responsible for 40 per cent of all food greenhouse gasses.
In the EU nearly 59 million tonnes of food is wasted each year, equating to roughly 127kg per household. At the same time, 2 billion people globally suffer from malnutrition.
More than a third of the children who die before the age of five suffer from undernutrition. And worldwide around 70 billion land animals are killed for food every year. Livestock takes up nearly 80 per cent of agricultural land, and around 36 per cent of crops grown worldwide are used for animal feed.