Building an ESG Business Case
Building an ESG business case for your food company has never been more important as consumers and investors align with these principles.
Tag: ESG > Page 2
Inaugural Protein & Plant Evolution™ Conference Announced
Interactive & Educational Conference Designed to Meet the Needs of Retailers, Foodservice Operators, Food Manufacturers, Investors, Financial Services and Policy Makers, Scheduled for June 1-3 February 16, 2022/FI Newswire/ – The Food Institute and The Lempert …
Trend to Watch in 2022: Greener Packaging
As consumers become more focused on environmental issues, one company is betting $600 million that paper can become the new plastic. Graphic Packaging Holding Co. is launching a plant in Kalamazoo, Michigan, to recycle cardboard …
Allergy Friendly Foods Poised for Growth on Changing Consumer Preferences
Demand for allergy free foods continues to rise as consumers encounter a broader variety of motivations to steer clear of certain ingredients.
Report: Upcycling Ingredients Gains Traction on ESG Benefits
The adoption of upcycling continues to spread across the food industry as companies large and small explore innovative ways to repurpose ingredients that would otherwise go to waste. While the process remains a niche concept …
FI Small Bites: Coffee-less Coffee
Would you be willing to try a cup of coffee that had no coffee in it? Nope, it’s not a typo, this is real. Some companies are working on – and already have come up …
Big Food Companies See ESG ‘Halo’ as Key to Building Brands
In recent years, the uptick in consumer demand for purpose-driven brands has been profound, and food and beverage companies are no exception to the rule. “Consumers under 35 want companies to be a force for …
How the Food Industry is Tackling Food Waste – Latest Innovations and Trends
Blue Apron Goes Green and Embraces ESG
How is Blue Apron addressing packaging and food waste in the meal kit vertical? Hannah Koski, head of sustainability and social impact at Blue Apron, joins The Food Institute Podcast to discuss different programs the …
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 …
Major Meat, Dairy Companies Behind in ESG Efforts, but Making Strides
Most the world’s largest meat and dairy companies haven’t made commitments to achieve net-zero emissions by 2050. Researchers from New York University noted in a recent study that the largest meat and dairy producers are …
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 …
Today’s Young Workers Demand Employers Focus on Sustainability
A mentoring session from nearly six months ago still sticks in the mind of Talita Ramos Erickson. When speaking with a recent business school graduate, Ramos Erickson was informed the fledgling professional wouldn’t even consider …
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, …