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  • 2M Group ventures into sustainable packaging with new business unit

    2M Group of Companies, an international chemical conglomerate, has launched a new packaging-focused business unit called Sustainable Packaging Technologies to promote its growing portfolio of biomaterial technologies. Leveraging the expertise of 2M Group's leading materials sciences company, Banner Chemicals, Sustainable Packaging Technologies aims to enable brands to meet the increasing consumer demand for bio-based packaging solutions. "As we launch Sustainable Packaging Technologies, I'm thrilled to lead our team in driving sustainable innovation within the packaging industry," said James Nelson, the new business unit head. The company's mission is to build a portfolio of biomaterial technologies and solutions that can be integrated into existing packaging manufacturing processes, using 2M Group and Banner Chemical's extensive network, knowledge and resources. Nelson added: "Our bio-based solutions will offer brands effective alternatives to plastic, delivering environmental responsibility without compromising on performance". Sustainable Packaging Technologies has been supported by strategic partnerships and investments from both Innovate UK and SSPP Government funding, enabling the business to scale up sustainable technologies that are both environmentally and commercially conscious. "In today's world, businesses must not only focus on ESG's foundations of environmental, social and governance but also ensure economic sustainability is part of that consideration. Packaging therefore needs to deliver on many fronts," said Gal Maller, commercial director and 2M board member. As part of its portfolio, 2M Group of Companies has partnered with Xampla to introduce Morro Coating in Europe. This plastic-free material, derived from natural plant polymers, is biodegradable and can be recycled with existing waste streams. Morro Coating is suitable for food contact and provides strong grease and oxygen barrier properties, making it a potential alternative to plastic. Sustainable Packaging Technologies will handle the production and distribution of Morro Coating across Europe, manufacturing the material at its Milton Keynes facility. Mottie Kessler, 2M Founder and CEO, commented: "As the world shifts towards sustainable material technologies, 2M will maintain its commitment to sustainability by focusing on areas where it has established a strong reputation". #2Mgroup #sustainability #packaging

  • Pernod's Brancott Estate and Made for Drink unveil crisp flavours to elevate wine pairings

    Pernod Ricard-owned Brancott Estate has partnered with crisp maker Made for Drink to create two limited-edition crisp flavours that complement its flagship Marlborough Sauvignon Blancs. The two new flavours – Pickled Onion and Chilli & Lemon – have been crafted to echo Brancott Estate's unconventional approach to wine. "We wanted to create the perfect pairing for New Zealand's most popular wine, Sauvignon Blanc, so we're buzzing to partner with the pioneers in the iconic Marlborough region; Brancott Estate," said Dan Featherstone, founder at Made for Drink. Pickled Onion crisps are designed to pair with Brancott Estate's Classic Sauvignon Blanc, where the acidity of the pickling spices and onions balance out the acidity of the wine, allowing the classic herbaceous and passionfruit characteristics to shine through. Chilli & Lemon crisps complement Brancott Estate's lower-ABV (9%) Flight Sauvignon Blanc. The fresh lemon in the crisps complements the citrusy aromas of the wine, while the pleasant hint of bird's eye chilli pairs well with the lighter alcohol content. "As a brand, Brancott Estate is all about how seeing the world differently can lead to wonderful things - an approach that led the brand to be the first to plant Sauvignon Blanc vines in Marlborough," said Lucy Bearman, wine portfolio director at Pernod Ricard. "So our latest collab with Made for Drink is all about savouring the unconventional and inviting crisp and wine lovers to taste life on the flipside." The new crisp flavours will be available as a limited-edition offering, tapping into the growing trend of wine and crisp pairings among food enthusiasts and wine connoisseurs alike. The new crisp flavours are available on the Made For Drink website today and will be listed in most UK major retail outlets over the next two weeks, driven by the collaboration with Pernod. #PernodRicard #winepairings #crisps #snacks #MadeForDrink

  • Shareholders challenge Nestlé to increase sales of healthy foods

    A coalition of Nestlé shareholders, co-ordinated by responsible investment group ShareAction, has filed a resolution challenging the food giant to "dramatically improve" its sales of healthy food products. The shareholders are urging Nestlé to set a target to boost the proportion of its sales from healthier products amid concerns regarding regulatory, reputational and legal risks faced by the company, as well as the public health implications "associated with an over-reliance on less healthy foods". The investors have challenged Nestlé to implement internationally accepted standards for defining healthy food, rather than straying from credible guidelines. Investors with $1.68 trillion in assets under management – including Legal and General Investment Management (LGIM), Candriam and La Francaise Asset Management – are supporting the resolution, which will be voted on at Nestlé’s Annual General Meeting on 18 April. Catherine Howarth, chief executive at ShareAction, said: “Nestlé is the biggest food company in the world and has an enormous influence on billions of people’s diets and lives through the products it makes, advertises and sells to us". She added: "As Nestlé has consistently failed to set out how it will shift the balance of its sales towards healthier food options, concerned investors have been left with no option but to bring forward a resolution at the company’s AGM in April. Any move away from sales of unhealthy products by Nestlé will inevitably support healthier communities all over the world and in the long-term help economies too." In a media release announcing the filing, Howarth said that three-quarters of Nestlé's global sales are of "unhealthy products containing high levels of salt, sugar and fats". Nestlé disputed this when approached by FoodBev for comment. A spokesperson for Nestlé told FoodBev: "We appreciate the constructive dialogue with ShareAction and the investor coalition over recent years, but we will have to agree to disagree here. ShareAction is targeting the wrong company. We are already moving and more would be accomplished by asking other firms to level up." "Nestlé was the first food and beverage company to provide transparency on the nutritional value of its entire portfolio against a government-endorsed nutrient profiling model. This demonstrated that we offer a diverse range of products that is not reliant on indulgent or less nutritious options. The assertion that three-quarters of our sales come from unhealthy products is wrong: in the first year of our reporting, nutritious and specialised nutrition products have gone from 57% to 59% of total sales (minus pet care). Or looking at it another way, 50% of our sales now come from coffee, pet care and Nestlé Health Science products, up from 30% a decade ago. We also disagree that products such as plain coffee or vitamins, minerals and supplements should be excluded. These are part of our portfolio and consumed by people on a daily basis." Last year, Nestlé published its sustainability 2023 report, where it sets a 2030 target to increase the sales of more nutritious products. However, ShareAction accused the Swiss multinational company of having a "flawed approach". Maria Larsson Ortino, senior global ESG manager at LGIM, commented: “Following Nestlé’s health target announced last year, we publicly noted that we were disappointed that the company had not taken the opportunity to set a specific, measurable and proportional target to increase sales from products that meet healthy thresholds". “Since the publication of the target, we have had additional engagements with Nestlé but consider the dialogue to have come to an impasse. We therefore deemed the next appropriate step to be to co-file this shareholder proposal. We want to press home to the company, and to the food and beverage sector as a whole, the importance we place on nutrition.” Nestlé said that while it acknowledges ShareAction's perspective, the company disagrees with the idea of restricting growth in specific areas of its portfolio. It argued that implementing a proportional target would require weakening valuable segments of its portfolio, potentially benefiting competitors without contributing to public health objectives.

  • Nestlé faces criticism for added sugar in infant milk sold in poorer nations

    Nestlé adds sugar and honey to infant milk and cereal products sold in many poorer countries, a report by Swiss investigative organisation Public Eye has found. Nestlé controls 20% of the global baby food market, valued at nearly $70 billion. With more than $2.5 billion in world sales in 2022, Cerelac and Nido are some of Nestlé’s best-selling baby food brands in low- and middle-income countries. The multinational advertises that these products are essential to children’s healthy development in its main markets in Africa, Asia and Latin America. Contrary to international guidelines aimed at preventing obesity and chronic diseases, Public Eye uncovered the news after it sent samples of Nestlé’s baby food products sold in Asia, Africa and Latin America to a Belgian laboratory for testing. The results revealed added sugar – in the form of sucrose or honey – in samples of Nido, a milk formula brand intended for use for infants aged one and above, and Cerelac, a cereal aimed at children aged between six months and two years. The International Baby Food Action Network (IBFAN) and Public Eye scrutinised around 150 products sold by the food giant in lower-income countries. Almost all the Cerelac infant cereals examined contain added sugar – nearly 4g per serving on average, equal to roughly a sugar cube – targeted at babies from six months of age. The highest amount – 7.3g per serving – was detected in a product sold in the Philippines. Most of the Nido powdered milk products for young children from one to three years old examined also contain added sugar – almost 2g per serving on average. The maximum value (5.3g) was detected in a product sold in Panama. Meanwhile, the report found that such products sold in Switzerland and in Nestlé’s main European markets, are sold without added sugar. World Health Organization (WHO) guidelines for the European region say no added sugars or sweetening agents should be permitted in any food for children under three. While no guidance has been specifically produced for other regions, researchers say the European document remains equally relevant to other parts of the world. The WHO warns that exposure to sugar early in life can create a life-long preference for sugary products that increases the risk of developing obesity and other chronic illnesses. Since 2022, the United Nations agency has called for a ban on added sugar in products for babies and young children under three years of age. In a statement, Public Eye said: “Whereas Nestlé recommends publicly to avoid baby foods that contain added sugar, it takes advantage of the weakness of existing regulations to continue selling such products in lower-income countries. Furthermore, the investigation by Public Eye and IBFAN shows that the Swiss multinational uses misleading marketing strategies, such as utilising medical professionals and social media influencers to win the trust of parents in its products." In a statement provided to FoodBev, Nestlé said: "Baby food is a highly regulated category. We apply the same nutrition, health and wellness principles everywhere, which are aligned with international guidelines and regulations. This includes compliance with labelling requirements and thresholds on carbohydrate content that encompasses sugars. We communicate transparently about our products to consumers and always declare the total sugar content of the product." It continued: "Our range of cereals in Europe comes with and without added sugars. The same applies to several markets across Asia, Latin America, and North America, where no-added sugar options are also available to consumers. Slight variations in recipes across countries depend on several factors, including regulations and availability of local ingredients, which can result in offerings with lower or no added sugars. This does not compromise the nutritional value of our products adapted to infants and young children. We have made significant efforts to reduce sugars across our entire portfolio. In recent years, we have reduced by 11% the total amount of added sugars in our infant cereals worldwide." "All added sugars (sucrose and glucose syrup) are being phased out of our growing up milks for young children above 12 months worldwide. We continue to innovate and reformulate our portfolio for infants and young children. We believe in the nutritional quality of our products. We prioritise using high-quality ingredients adapted to the growth and development of infants and young children. Our milk and cereals for young children are fortified with vitamins and minerals such as iron to help tackle malnutrition."

  • The Gym Kitchen expands food-to-go range

    The Gym Kitchen is expanding its high-protein food-to-go range in the UK with three new products, debuting this month in Tesco stores. Three brand-new food-to-go offerings are launching as part of the expansion – BBQ Chicken Pasta, Chicken Katsu Wrap and Chicken Tikka Bites. The lunch and snack options aim to provide a nutritious, high-protein offering to fuel consumers’ active lifestyles. This latest launch follows the brand’s entry into the instant noodles category last month, debuting its high-protein noodle pots at Asda. As part of the brand’s broader expansion, the pots have now launched into Tesco following their debut in June. Additionally, its Chicken Tikka Masala, Chicken & Chorizo Paella and Meat Feast Pasta products are launching as part of its existing frozen meal range in Sainsbury’s. Segun Akinwoleola, founder of The Gym Kitchen, said: “Expanding The Gym Kitchen proposition across multiple categories is central to our mission to make healthy, wholesome high protein options accessible to everyone and we want to thank all our retail partners for their support in making this happen”. #TheGymKitchen #UK

  • Maple Hill Creamery expands with new farms in Central Pennsylvania

    Dairy company Maple Hill Creamery has announced an expansion through the addition of new farms in Central Pennsylvania and greater Lancaster County, US. Maple Hill Creamery, which provides grass-fed organic dairy products with a focus on supporting regenerative farming practices, said the latest expansion marks a ‘significant milestone’ in the company’s journey. The expansion includes 14 new farms in Central Pennsylvania, joining Maple Hill's existing 120 small, family farms. Each farm will have an average herd of approximately 50 cows. First to join will be the Springwood Organic Farm, owned and operated by Dwight Stoltzfoos and his family. The family were early adopters of organic dairy in the mid-90s and transitioned to full grass-fed in 2012. Springwood Organic Farm will serve as Maple Hill Creamery's flagship farm in Pennsylvania. In addition to welcoming new farms, Maple Hill is actively seeking new farmers throughout Pennsylvania who are interested in transitioning to 100% grass-fed organic farming methods. By expanding its network of farms, the company aims to further strengthen its supply chain and provide consumers with greater access to high-quality, grass-fed organic dairy products. The farms in Pennsylvania are expected to start producing milk for Maple Hill Creamery in Q3 2024. Tim Joseph, founder of Maple Hill Creamery, said: “We are thrilled to expand our operations into Pennsylvania and welcome these new farmers into the Maple Hill Creamery family”. “Our commitment to 100% grass-fed organic dairy is stronger than ever, and we are proud to support farmers who share our values and dedication to sustainable farming practices.” #MapleHillCreamery #US

  • Start-up of the month: Zevero

    It’s easy to get swept up in the news and activities of the industry’s global titans, but what about the smaller firms that are out there flexing their creative muscles? In this instalment of ‘Start-up of the month’ – which celebrates the lesser-known companies and their innovations – we speak to George Wade (left), co-founder of Zevero , a company using AI to break down barriers in the way businesses not only calculate but also reduce their carbon footprint. Can you tell us about Zevero’s journey from its inception to its recent acquisition by Levelup? What inspired you to focus on decarbonisation?      For my co-founder Ben and me, there was nothing else we wanted to do than help tackle climate change. Before Zevero, I was working in waste and Ben was a carbon consultant.     My sustainability journey came from the realisation that changing what bin somebody puts their packaging into won't make as much of a difference as what the packaging is made of and the product it contains. Once I saw the “invisible” impact beyond the physical product, I knew that I wanted to dedicate my profession to making it easier for companies to see the entire carbon footprint of their business.     Ben grew up on a small cow farm and he got into sustainability when he asked the question “why is my beef from the field in front of me higher in impact than tofu from Brazil?”    We both came to the same conclusion that to answer these questions, we needed to create a scalable way for every business in the world to see the full carbon footprint of their business. Having already worked in climate, we knew that supply chains were often the biggest emitter and notoriously difficult to measure, which is why we made that Zevero’s focus.   What are the biggest challenges you see in decarbonising the food and drinks industry, especially concerning calculating scope 3 carbon emissions?      The biggest challenges in the industry can be split into three categories.     Firstly, the fact that decarbonisation is a huge problem, with a lot of challenges that need to be solved simultaneously. There’s a huge amount of emissions stemming from the food and drinks industry. Food production alone accounts for 26% of global greenhouse gas emissions. For comparison, aviation accounts for 3%.     The second challenge is the complicated and fragmented nature of the supply chains. The missing data, traceability and transparency are some of the biggest issues that the industry is facing.     When it comes to scope 3 emissions, you need to understand where you need to make changes in the supply chain. So, last but not least, the industry is facing a lack of reduction capabilities as a result of the above two points.     Every challenge comes with an opportunity. There are a lot of ways we can reduce the impact of food and drink manufacturing. Wildfarmed and their regenerative wheat and barley in Europe is one example of a company creating climate solutions. It’s awesome to see.    How is Zevero leveraging AI to help food and beverage companies not only calculate but also reduce their carbon footprint?      We use AI in two ways. One is to calculate emissions. Matching supply chain data with emission factors is hard work, but with our AI models, we’re automating the process and even improving the accuracy. Whether you’re buying one item or 10 million items, we have a scalable system to calculate the emissions from our purchases.     The second is to empower our clients. We’ve built an AI chatbot called GAIA, an ancient Greek term for the planet, but also a ‘Green AI Assistant’. With this tool, it makes it easier for our customers to get clear actionable insights from their data. That helps them learn more and reduce their impact too.   Based on your research, how are climate-conscious consumer trends influencing the food and beverage industry? What should brands know about the future of carbon accounting in this sector?      They are a massive influence. Consumers care about sustainability when deciding what they’ll purchase. In fact, 72% of consumers consider this when buying products. And sustainable brands are growing 5.6x times faster than their counterparts.    The future of carbon accounting faces three main challenges:   The data inaccuracies, as a result of the hidden calculation processes . This is problematic because it leads to a lack of transparency. If you’re choosing a carbon platform, make sure they know how to calculate emissions and have a product built by experts.   Most carbon accounting isn’t built for longevity. There’s a huge lack of systems to achieve reductions. More often than not, the carbon emission companies will use average emission factors to calculate emissions, meaning that you can’t measure the benefit of your reductions. Our product is built with long-term goals and reductions in mind.  Increasing regulation. This means that auditing and trust are more important than ever. Whether it’s the UK’s Green Code Claims or wider sustainability reporting, making claims without the data and audit to back it up is very much of the past.     Zevero is expanding into the APAC, Japan and US regions following your success in Europe. What are the unique challenges and opportunities you foresee in these new markets?      Asia alone produces 51% of global emissions. So, for us, the main opportunity is the impact  that we’ll be able to achieve with this business development. We can measure and reduce more carbon globally than if we were only operating across the UK and EU.    Business sustainability isn’t a quick fix; it’s a long-term global challenge that requires ongoing commitment and support. Addressing this issue means implementing sustainable practices, continuously evolving, and collaborating across industries and borders.    You work with a range of clients from challenger brands like Gipsy Hill and Moth to global firms like Wieden+Kennedy. How do these collaborations help Zevero achieve its mission?      We believe that every company should have a climate and sustainability programme.     Popular, global, and beloved brands like these are paving the way for a new business standard across the board. They are demonstrating that sustainability is no longer a nice-to-have, but a must-have.     These companies are leading by example, showing that it is possible to achieve economic success while also prioritising the planet and social responsibility.     When our customers succeed, so does the planet and us as a company, so without them we couldn’t get anywhere near our mission.   How do you see increasing regulations impacting the food and beverage industry’s approach to sustainability and carbon reduction?      We live in an era where businesses are increasingly under close scrutiny for their practices, and sustainability has become not a nice to have, but a must-have. Especially consumer-facing ones. Their approach to sustainability will directly impact their commercial success.     Something that we’re already seeing is the fact that companies are getting called out for their behaviour. This has huge financial and reputational impacts - from shares being affected, to employee retention issues and customer acquisition challenges.     The fact that the regulations aren’t going anywhere will also mean that businesses that are taking their sustainability and carbon reduction seriously, will have a competitive advantage when it comes to being credible and appealing to consumers.   What advice would you give to start-ups in the food and beverage industry looking to make a significant impact on sustainability and carbon reduction?      Everyone’s experience is subjective. For me, what worked well was finding out what impact means to me and what I believe in, starting small and recognising that the sustainability journey isn’t an overnight success story. You have to be able to put in the work, and the ability to do this comes from knowing your why.     What’s next for Zevero?   There's a lot to be excited about!    Firstly, our expansion into new global markets. The main upcoming project that we’re absolutely thrilled about is continuing to build a world-class sustainability platform. This platform will not only focus on carbon footprints but also incorporate life cycle assessment capabilities, which will be a significant value-add for food and drinks brands.    Ultimately, what’s driving us is our journey to make emissions data accessible and actionable for every company.  #startup #decarbonisation #sustainability

  • Freja introduces innovative Bone Broth Shake line for on-the-go nutrition

    Bone broth brand Freja has launched a new Bone Broth Shake product line, offering a convenient and nutritious way for consumers to enjoy the benefits of bone broth. The new shakes, available in four flavours – Raw Cacao, Vanilla Bean, Wild Strawberry and Unflavored – are made with simple, 100% natural, whole-food ingredients and packed with protein and collagen. Jess Leather, Freja's co-founder, said: "It really is the first of its kind – and so much more than just a protein powder. It's gut-friendly, packed with feel-good nutrition and we promise you won't taste the broth!" Each 25g serving of the Freja Bone Broth Shake contains up to 21g of collagen and 23g of protein, making it a versatile product that can replace a protein shake, collagen supplement and electrolyte powder. The drinks are also low in calories, gluten-free, dairy-free and free from refined sugar, artificial additives and highly processed sweeteners. Freja, founded by Leather and her husband Ed Armitage in March 2020, has seen significant growth, expanding 200% year-over-year and selling 1.3 million units of bone broth. The brand's recent launch on Ocado has made it one of the top 20 best-selling ambient food products on the platform. "We've been working hard on the recipe for a while, wanting to offer consumers an alternative way to enjoy the nutritional benefits of bone broth," Leather added. "Whether you're on a specific diet or just trying to cut down on processed foods, the Freja Bone Broth Shake is the perfect partner, offering a healthy, convenient and delicious way to incorporate the ingredient in everyday eating." The new Bone Broth Shake range will be available on the Freja website and Amazon now, with a recommended retail price of £27.99 for a 300g (12-serving) container. #Freja #bonebroth #newproduct #nutrition

  • Aryzta appoints former employee Michael Schai as new CEO

    Swiss bakery business Aryzta has announced the appointment of Michael Schai, a former employee of the company, as its chief executive officer, effective 1 January 2025. Upon his appointment, current interim CEO Urs Jordi will step down and shift his focus to his role as Aryzta's chairman and member of the board. Schai – who is the current CEO of Swiss chocolate company Lindt & Sprüngli's Australian operation – has previously worked with Aryzta from 2015-2018, where he served in roles including managing director for Asia Pacific and global strategic business lead (McDonald’s). The fast-food giant McDonald’s is one of Aryzta's significant clients. is said to bring extensive experience in the global food industry, having worked across Australia, Asia-Pacific, and Europe. Aryzta's chair of the governance, nomination and sustainability committee, Alejandro Legarda, said: “The board’s thorough succession planning process has resulted in the appointment of an outstanding candidate in Michael Schai. He has all the attributes that the board sought during the lengthy recruitment process, including strong leadership values, in-depth knowledge of the food and bakery industry and commercial expertise in international markets. With these skills, the board is confident that Schai will continue to drive performance for Aryzta.” He continued: “The board unanimously appointed Jordi as interim CEO of Aryzta in November 2020. In his role as interim CEO, Jordi confidently steered the group through a period of significant financial risk and business uncertainty. He leaves his interim CEO role having installed stable experienced management, returned the company to organic growth and significantly improved business performance" "On behalf of the board, I want to express my gratitude and appreciation for Jordi’s strong commitment, passion and dedication to the turnaround and success of Aryzta and also to all the Aryzta employees who were committed to the success of the company." Jordi commented: “It has been an honour to lead Aryzta since my appointment by the board as interim CEO...and to deliver on our promises to our shareholders and stakeholders. As I hand over the CEO role to Michael Schai, I am delighted to continue as Aryzta's chairman and member of the board. Schai has the necessary bakery experience, proven leadership skills and extensive international commercial knowledge in the European, Australian and Asian markets that we need to continue Aryzta's success." "Today’s appointment combined with continued strong support and oversight by the board will ensure stability and continued performance at Aryzta.” Schai added: “I am delighted to return to Aryzta as CEO of the group. I have followed the success of the turnaround in a period of numerous challenges, both internal and external. This is representative of the resilience, commitment and passion of Urs Jordi, the senior executive team, its board of directors and the management and employees.” #Aryzta #CEO

  • Pernod Ricard to sell international wines portfolio to Accolade Wines owner

    Pernod Ricard has announced the sale of its international strategic wine brands to Australian Wine Holdco, a consortium of international institutional investors and owner of Accolade Wines. The move, part of Pernod Ricard's strategy to enhance its premiumisation efforts, will allow the company to focus more resources on its portfolio of premium international spirits and champagne brands that drive the growth of its business. This decision aligns with the company’s commitment to delivering sustainable value for shareholders, employees, clients and partners. The sale includes well-established wine brands produced by Pernod Ricard Winemakers, such as Jacob’s Creek, Orlando and St Hugo from Australia, Stoneleigh, Brancott Estate and Church Road from New Zealand, and Campo Viejo, Ysios, Tarsus and Azpilicueta from Spain. These brands collectively account for over 10 million 9-litre cases annually and operate across seven wineries, encompassing vineyard-to-bottle production. Through this transaction, Pernod Ricard will transfer its wine division to a globally scaled player dedicated exclusively to the wine industry. This strategic move is expected to provide Pernod Ricard's wine brands with the focused attention needed to maximise their potential, strengthen their market position and capitalise on new global opportunities. The deal is expected to be completed in the second half of 2025, pending customary closing conditions and regulatory approvals. Top image: © Pernod Ricard Winemakers #PernodRicard #wine

  • Coca-Cola HBC secures $130m loan to boost sustainable investments in Egypt

    Coca-Cola HBC, one of the world's largest bottlers of Coca-Cola products, has secured a $130 million loan from the European Bank for Reconstruction and Development (EBRD) to support its ongoing investments in Egypt. The loan will enable Coca-Cola HBC to further its commitment to sustainable business practices and people development in the country, complemented by a $750,000 grant from the Global Environment Facility (GEF) to promote advanced wastewater treatment and water management systems. Anastasis Stamoulis, CFO of Coca-Cola HBC, said: "This collaboration with EBRD as a strategic partner is an exciting development for our business in Egypt and is founded on our common goals of developing people and progressing sustainable business solutions." The financing will support Coca-Cola HBC's investments in Egypt across several key areas, including employee training and development, water and energy efficiency, renewable energy, sustainable packaging, and digital innovation. "We are very pleased to sign this financing package to Coca-Cola HBC and to further support the private sector, a key segment of the Egyptian economy," said Heike Harmgart, EBRD managing director for the Southern and Eastern Mediterranean. He continued: "The new financing will also help alleviate water pollution through the promotion of advanced wastewater treatment technology as well as foster inclusion by increasing employment opportunities and training for Egyptian youth, benefitting the local economy". Egypt is a founding member of the EBRD, and the bank has invested nearly €11.9 billion in 178 projects in the country since 2012, focusing on sectors such as financial services, agribusiness, manufacturing and infrastructure. #Coca-Cola #Egypt #bottling #sustainablity

  • Lizi's introduces new gluten-free granola

    Lizi's has expanded its gluten-free breakfast offering with the launch of a new granola flavour: Caramelised Almonds, Hazelnuts & Pecans granola. Crafted to cater to the increasing demand for innovative gluten-free options, the blend combines pecans, almonds and hazelnuts, caramelised for taste. According to the company, the new granola is "perfect for any occasion," ideal for sprinkling over yogurt and fruits, or enjoying straight from the bag for a crunchy snack. Lizi’s gluten-free Caramelised Almonds, Hazelnuts & Pecans flavour is priced at £4.00 for a 350g pack and can be found in Waitrose stores across the UK. #Lizis #UK

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