The latest findings from the 2026 State of the Baking Industry report conducted by Cypress Research shed light on the ongoing commitment to sustainability within the baking industry. Despite a slight decrease in engagement with sustainability initiatives, the majority of…
Tag:
targets
-
-
The Campbell’s Co. in Camden, NJ had a challenging year, with a difficult fourth quarter resulting in a 12% decline in sales in the Snacks unit. Net income for the fiscal year ended Aug. 2 was $403 million, down 33%…
-
Dive Brief: Diageo, the owner of Guinness, has announced a $1 billion savings plan over the next three years to improve business performance. The plan includes job cuts and restructuring of Diageo’s operations, aiming to achieve $850 million in savings,…
-
The CEO of Mondelēz International, Dirk Van de Put, highlighted the challenges the company faces in completing acquisitions due to the rising asking prices for potential targets. The food industry has seen a surge in dealmaking as companies seek to…
-
PepsiCo has successfully reduced its virgin plastic use by 5% in 2024, surpassing its annual target of 2%, as stated in the 2024 ESG report released on Thursday. This marks the consumer packaged goods company’s first detailed report on its…
-
PepsiCo is making adjustments to some of its sustainability targets as the food and beverage giant takes a more practical approach to its climate investments, as stated on Thursday. The company is phasing out a goal to reduce total emissions…
-
Summary: The Coca-Cola Co. unveiled new environmental goals for packaging sustainability to achieve by 2035, focusing on design and post-use collection. These goals replace previous targets set for 2025 and 2030 related to recyclability, recycled content, and reusable packaging. One…