Leading companies operating in the global food value chain are underestimating key environmental risks and ignoring opportunities for creating a more sustainable food system, according to a new report published by global environmental non-profit CDP. The report, “Hungry for change,” analyzes the environmental disclosures of 504 companies involved in the production, processing and sale of food products – including the likes of Walmart, Nestlé, Pepsi and Target. The analysis takes a comprehensive look at the entirety of the value chain of the global food system, from producers and purchasers, to processers and manufacturers, to retailers. It analyzes the companies’ environmental risks, impacts and future opportunities through the lens of the interlinked issues of climate change, deforestation and water security.