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Green Business
OTLY IPO: Swedish Oat Pioneer’s Share Price Pops 30% Upon Much Awaited Nasdaq Debut
Swedish oat milk pioneer Oatly’s stock began trading on the Nasdaq today under the ticker symbol OTLY, opening at US$22.10 per share, a 30% pop from its initial public offering price of US$17 per share, giving the company a valuation of!-->…
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Sustainable Startup Apeel Acquires ImpactVision To Use Its AI Imaging Tech To Tackle Food Waste
Edible peel startup Apeel, which works to eliminate food waste and plastic pollution, has acquired AI hyperspectral imaging tech company ImpactVision, and by integrating this new tech into their application systems at supplier locations!-->…
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Hong Kong-Based Board Game LOOP Promotes SDG 12 Sustainable Consumption & Suggests Alternatives To Materialism
Educational board game LOOP: Life Of Ordinary People uses the concept of serious gaming as a channel for change, with the aim of questioning people's unsustainable consumption behaviours and consumers are taking the bait. The young company!-->…
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Fully Circular By 2030: IKEA Launches Resale Hub Concept For Secondhand Furniture
IKEA has launched its much-anticipated secondhand furniture program around the world, as part of the retail giant’s goal to go fully circular by 2030. The new sustainable Circular Hub concept opening across IKEA stores were originally!-->…
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Repair & Restore: Fashion Clinic Takes Your Preloved Pieces Into Surgery For A Sustainable Redesign
On a mission to divert the piles of fashion waste from landfills, a new repair and restore service has opened up in Hong Kong to help breathe new life into your old clothes. Instead of throwing out your preloved pieces, customers can bring!-->…
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Toy Giant Mattel Introduces New Circular ‘PlayBack’ Program To Recover Old Products
Mattel has launched a new toy takeback program as part of its sustainability push, enabling customers to send back their old toys once they are done playing with them. The program, PlayBack, will recover materials from old Mattel toys to!-->…
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British Catering Giant Compass Group To Replace 40% Animal Proteins By 2030
Compass Group is planning to replace 40% of the animal-based foods throughout its supply chain with alternative proteins as part of its net-zero emissions campaign. The British multinational foodservice conglomerate also pledged to halve!-->…
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Forbes Launches Sustainability Channel Amid Media’s Climate Crisis Wake-Up Call
Forbes has launched a new channel dedicated to covering sustainability, as the mainstream media landscape begins to sound the alarm on the climate crisis. The channel, Forbes Sustainability, comes in response to “rising global interest in!-->…
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IKEA Debuts Food Innovation Program For Startups To Meet 50% Plant-Based Meal Target
Back in November of last year, home furnishing giant IKEA pledged to make at least 50% of its main menu offerings across its restaurant section plant-based by 2025. Now, IKEA Material Innovation & Development Leader Puneet Trehan aims!-->…
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Jessica Alba’s Honest Co. IPO Soar In Market Debut As Investors Turn To Conscious Brands
Ethical natural beauty and baby product company The Honest Co. saw its shares jump 44% in its trading debut, as investors show optimism over the rising conscious consumerism trend. The brand, co-founded by Jessica Alba, saw its market!-->…
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Budget-Friendly Vegan: British Retailer Co-Op Pledges To Close ‘Plant-Based Price Gap’ To Reach Net-Zero
Co-op has announced its plan to “tackle the plant-based price gap” as part of its goal to reach net-zero emissions by 2040. The commitment will see the British retail chain invest over £1.7 million (US$2.36 million) to slash the cost of!-->…
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Thrive Market: Online Organic Pioneer Wants To Become ‘World’s First Climate Positive Grocery Store’ By 2025
Thrive Market, the American membership-based online retailer for natural and organic products, has set its sights on becoming the “world’s first climate positive grocery store” by 2025. In addition to going “beyond carbon neutral”, the!-->…
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‘Chevron Is Not An Evil Company’: Warren Buffett Rejects Climate & Diversity Shareholder Resolution At Berkshire Annual Meeting
Warren Buffett helped to reject a shareholder resolution that would push his multinational conglomerate Berkshire Hathaway to inform investors about climate risks. In addition to defending the dirty oil and gas industry, the billionaire!-->…
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Spanish Meat Industry’s Attempt To File Lawsuit Against Heura Plant-Based Advert Rejected By Courts
The Spanish meat industry’s attempt to sue plant-based meat maker Heura for its recent controversial billboard advert in Madrid has been denied by a Barcelona court. The advert exhibited the words “one beef burger pollutes more than your!-->…
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Was Danone CEO Emmanuel Faber Forced Out For Being Too Sustainable?
In March, Danone’s CEO Emmanuel Faber was let go from his position, a decision the French multinational food giant’s board made under pressure from shareholders. As one of the leading voices in the corporate world for ESG-forward!-->…
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10 Things We Learned From Oatly’s IPO Prospectus, With Alt Protein APAC Investor Michal Klar
The Oatly IPO is one of the most anticipated public listings of the year. We spoke to Asia Pacific alt protein investor Michal Klar of Future Food Now, an ecosystem expert we regularly collaborate with (last November, we published the!-->…
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Patagonia Will No Longer Show Corporate Logos On Its Clothing
Outdoor apparel brand and environmental pioneer Patagonia recently announced that it won't be adding any additional corporate logos to its products to prevent its gear from ending up in landfills.
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Epicurious Says Goodbye To Beef Recipes To Encourage Sustainable Cooking & Evolve With The (Plant-Based) Times
Epicurious, one of the largest food and cooking digital platforms in the world, has bid farewell to beef recipes. The Condé Nast subsidiary says it has taken the decision to stop publishing beef-related recipes across its website,!-->…
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Polish Startup Picup Launches Europe’s First 100% Biodegradable Plantable Coffee & Tea Cups
Picup has launched its plantable paper cups in Poland, the first-of-its-kind in the country and across Europe. The Poznan-based startup’s 100% biodegradable cups of tea or coffee contain seeds at the bottom of the filter, allowing a tree!-->…
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Swedish VC Pale Blue Dot Closes €87M To Back Startups ‘Solving Big Climate Problems’
Malmö-based venture capital firm Pale Blue Dot has raised €87 million (approx. US$104 million) after a final close of its debut fund dedicated to investing in climate tech startups. The impressive capital close comes just 18 months since!-->…
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Farleigh: London-Based Social Marketplace Allows Users To Curate, Share & Shop Sustainable Products
Newly launched social marketplace Farleigh offers users, small and medium businesses, brands, artists and creatives an opportunity to curate and share sustainable products they love with their network and at the same time earn from!-->…
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