ESG Archive

Study: Compostable Packaging Matches Shelf Life of Plastic

As more food companies prioritize ESG initiatives, the use of compostable packaging continues to gain traction as an earth-friendly alternative to plastic. In the first half of 2021, major players like Chipotle, Taco Bell, and …

Update: Major Food Companies Ramping up ESG Efforts

With ESG topics becoming increasingly important to consumers, food companies are noticeably increasing their efforts. Below are a few recent examples of new ESG initiatives in the industry. MCCORMICK ADVANCES SUSTAINABILITY STANDARD McCormick & Company …

Insect Protein Has Investors Intrigued

Environmental activists point to issues like Amazon deforestation to suggest Earth is running out of agricultural real estate. Making matters worse, the United Nations predicts that, within three decades, the world’s population will reach nearly …

Chipotle Leading Sustainable Packaging Trend

Chipotle’s half-decade commitment to sustainability largely serves as a blueprint for the foodservice segment. In 2018, Chipotle announced that, by the year 2020, the fast-casual chain aimed to divert half of all of its restaurant …

JBS SA Beats Earnings Estimates, Looks to Expand

The world’s largest meat supplier, JBS SA, recorded fourth-quarter profits that spiked 65% from a year earlier. Sales were boosted by strong food sales in China and the U.S. and a sharp devaluation of Brazil’s …

Kellogg Raises ESG Bar with 2022 Renewable Energy Goal

Kellogg plans to shift its manufacturing electricity sources to over 50% wind energy globally by the end of 2022. The ambitious goal speaks to growing social and environmental concerns within the food industry. The company signed a long-term …

Does McDonald’s Have an Image Problem?

With a 90-day protest unfolding at McDonald’s headquarters, the fast food giant is contending with allegations that it set Black franchise owners up to contend with higher overhead costs for security, insurance, employee turnover, and …

Why ESG Initiatives Matter for the Food Industry

Historically, Environmental, Social and Governance (ESG) factors have taken a back seat to financial performance in the corporate world. And in the interest of performance measurement, companies have often made short-term profit decisions at the …

Food Companies Push ESG Movement Forward

Major food companies are increasingly placing importance on Environmental, Social, and Governance (ESG) practices. Corporations like Nestle, Danone, and McDonald’s have found that ESG initiatives are necessary to meet the demands of today’s consumers. Nestle, …

ESG Debate Gaining Steam in Agriculture and Beyond

From Washington DC to farm fields throughout much of the country, the acronym ESG has become a rather hot-button issue of late. Environmental, social, and corporate governance (ESG) is a movement that’s undeniably gathering steam, …