Sustainability & Climate
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Hydrolysed vegetable protein from Soy to surpass US$1.17B by 2021 buoyed by demand for more sustainable food
GLOBAL – The hydrolysed vegetable protein market is expected to surpass US$1.17 billion by 2021, fuelled by a continued rise in demand for sustainable food…
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Hormel Foods commits to use 100% renewable energy in its operations by 2030
US – American food corporation Hormel Foods has announced its aim to source 100% of its global energy from renewable sources by 2030, as part…
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Coca-Cola European Partners commits to switch to electric vehicles in effort to combat climate change
UK – British multinational bottling company Coca-Cola European Partners (CCEP) has joined The Climate Group’s EV100 initiative, which brings together companies committed to accelerating the…
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GreenTec Capital backed start-up Boreal Light closes US$7.5m investment round
AFRICA – Boreal Light GmbH, a Berlin start-up company specializing in renewable energy solution for water treatment facilities has closed its US$7.5 million fund raising…
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Nestle’s popular snack brand Smarties switches to 100% recycled paper packaging as core cereal brands minimize plastic use
GERMANY – Swiss food manufacturing giant Nestlé has announced that its popular Smarties brand is now using recyclable paper packaging for its confectionery products worldwide.…