Macro

“The spirits industry does not reflect the consumer base it serves” – Diageo-backed investor Pronghorn on supporting Black entrepreneurs

Pronghorn, a US investment firm, was set up in 2021 to fund and support Black-owned entrepreneurs trying to grow spirits…

France consumer group launches court action against Nestlé, Sources Alma

French watchdog organisation Foodwatch has filed complaints with a Paris court against Nestlé and Sources Alma for “illegally” treating their…

Oatly greenwashing suit to be settled for $9.3m

Investors suing Sweden’s Oatly have asked a federal judge to approve a $9.25m settlement, after accusing the oat dairy-alternative business…

Japan releases first official alcohol consumption guidelines

Japan has published its first official guidance for alcohol consumption with the aim of reducing unhealthy drinking behaviours. In its…

European Commission launches consultation on Bisphenol A ban in food packaging

The European Commission is proposing banning the use of the Bisphenol A (BPA) chemical used in food and drink packaging.…

Asahi sets 2040 as “value chain” net-zero target

Asahi Group Holdings has set 2040 as its “value chain” net-zero target as it tries to commit to the Paris…

Lidl trials independent Scotland DRS after government scheme delays

German discount retailer Lidl has begun a deposit return scheme (DRS) trial in Scotland following delays to a national industry-wide…

Australian public health bodies call for tax on sugary drinks

Australian public health bodies are calling for a 20% levy “on sugary drink manufacturers” to reduce sugar intake and raise…

EU moves to scrap pesticides reduction rule in bow to farmers

A proposed EU rule to cut the use of pesticides in agriculture is set to be scrapped in the wake…

Coca-Cola trials Sprite bottles with no wrap-around plastic labelling

Coca-Cola Europacific Partners has launched a trial in the UK to sell Sprite lemonade in packaging without plastic wrap-around labels.…

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