Key Takeaways: PepsiCo has recently entered into a 10-year virtual power purchase agreement with Statkraft to reduce carbon emissions across its European operations and supply chain. The agreement will see PepsiCo, along with key suppliers Givaudan and Smurfit Westrock, benefit…
Category:
Food News
-
-
Brown-Forman has officially ended merger discussions with French spirits giant Pernod Ricard, citing an inability to reach mutually agreeable terms. The Kentucky-based whiskey maker had been in talks last month to potentially merge with Pernod, known for brands like Absolut…
-
Consumer confidence is under threat as prices of everyday essentials continue to rise due to the conflict in Iran, according to Mondelēz International’s CEO. Dirk Van de Put, during the Oreo maker’s first-quarter earnings call, expressed concern over the impact…
-
Coors Light Introduces First Non-Alcoholic Beer Option Dive Brief: Coors Light is expanding its offerings with the introduction of Coors 0.0%, its first non-alcoholic beer. The zero ABV beer will launch in select Northeastern markets in May, with plans for…
-
Summary: Banks are not adequately addressing the increasing methane emissions from top meat, dairy, and rice companies, as per a recent report by Planet Tracker. The report evaluated 25 banks, including JPMorgan Chase, HSBC, Barclays, RBC, and Citibank, that provide…
-
Article Summary: Re:Lid USA has partnered with L.A. Libations to introduce resealable, recyclable aluminum can lids in the U.S. market. The lids can be resealed up to 14 times and are initially available at Gelson’s Markets in Southern California. The…
-
Welcome to Leftovers, where we explore the latest product innovations making waves in the market. From intriguing concepts to delicious new flavors, we sift through our inbox to bring you the most exciting ideas. Tostitos Makes a Fresh Entrance to…
-
Food News
New York poised to become first state to close food ingredient ‘loophole’ criticized by RFK Jr
Summary: New York is on track to become the first state to mandate that food companies disclose safety data on new ingredients, a move backed by Health and Human Services Secretary Robert F. Kennedy Jr. State legislators have passed a…
-
Important Update on Lawsuits Against Packaged Food Giants Recently, major packaged food companies such as Kraft Heinz and PepsiCo have found themselves embroiled in a consumer lawsuit alleging that their products are intentionally designed to be addictive. The lawsuit, filed…
-
Mondelēz International’s CEO expressed concerns about the impact of the Iran conflict on consumer confidence and the rising prices of everyday essentials. During the company’s first-quarter earnings call, Dirk Van de Put highlighted that shoppers are feeling anxious due to…