#United States #New York #Leadership #Rabobank #Lineage

Rabobank Celebrates Leadership in Food Sustainability

Overview

On December 5, 2024, Rabobank hosted its annual Leadership Summit in New York City, an event dedicated to recognizing exceptional organizations within the food and agribusiness sector. This year's highlights included the prestigious Rabobank North America Leadership Awards, which honored companies and individuals driving sustainability, innovation, and social responsibility.

Rabobank, a financial leader in the global food and agribusiness industry with a rich history spanning 125 years, highlighted the significance of corporate stewardship in today's economics. Present at the event were over 400 distinguished guests, including leaders from major companies across the sector.

Lineage Inc. Receives Honor

Among the notable award recipients was Lineage Inc., the largest global player in temperature-controlled warehousing. They were presented with the Rabobank Award for Excellence in Corporate Leadership for their visionary approach and dedication to sustainable practices in food logistics. This commendation recognizes companies that not only achieve business success but also positively impact their industries and society as a whole.

David Bassett, the Head of Wholesale Banking North America at Rabobank, stated, “We commemorate Lineage, a visionary company demonstrating strong leadership, innovative solutions and social responsibility.” Their efforts are crucial as they navigate a rapidly changing food landscape, aiming to reduce waste and feed the world efficiently.

The Importance of Sustainable Practices

Lineage operates a vast network across North America, Europe, and Asia-Pacific, encompassing more than 480 facilities. These establishments are key in transforming the food supply chain by minimizing waste and enhancing distribution efficiency. Addressing global food loss, which amounts to a staggering 14% of all food produced, Lineage ensures a vital role in the fight against food waste, illustrated by the $400 billion worth of food lost each year.

Adam Forste, Co-Founder and Co-Executive Chairman of Lineage, expressed gratitude for the recognition, crediting his dedicated team. “At Lineage, we take great pride in our work as a leading, mission-critical component of the global food supply chain,