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Green Business
In the Latest Blow to Carbon Offsets, A Third of All Credits Fail Key Market Test
A third of all renewable energy carbon credit projects have failed to meet the 'high-integrity' standards required to use the Core Carbon Principles label.
Major worries are emitting from the carbon offsets sector, after an industry!-->!-->!-->…
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Discredited: Corporate Climate Watchdog SBTi Says Carbon Credits Are ‘Ineffective’
The world's leading judge of corporate climate goals has described carbon credits as largely "ineffective" in a key study, although it leaves the door open for limited use.
The pushback against carbon credits as a viable net-zero!-->!-->!-->…
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Beyond Meat Cuts Costs, Raises Prices to Boost Margins and Revenue Expectations in Q2 2024
Amid a wider decline in plant-based meat sales, Beyond Meat's new pricier lineup has delivered better profit margins in Q2 and an improved sales forecast for the rest of 2024.
Despite a ninth consecutive quarter of year-on-year!-->!-->!-->…
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European Fermentation Startups Raised More Funds in H1 2024 Than All of 2023
Within the first six months of 2024, European precision and biomass fermentation startups attracted more investment than they did in all of 2023.
Between regulatory wins, market breakthroughs, and dominant investment rounds, 2024 has!-->!-->!-->…
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Akua: Kelp Burger Startup Winds Down Amid Wider Plant-Based Industry Headwinds
Seaweed-based meat startup Akua is shutting shop after seven years in operation, citing logistical challenges and the overall decline of plant-based meat.
Akua, the New York-based maker of the Kelp Burger, is ceasing operations, in what!-->!-->!-->…
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Climate Change is Slowing the Earth’s Rotation – and Making Our Days Longer
Melting ice caps have made the Earth thicker, slowed its rotation and lengthened its days, impacting financial transactions, GPS and cellphone networks.
The mass melting of polar ice caps is changing the shape of the Earth, causing each!-->!-->!-->…
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Plant-Based Meat Sales Down By 19% in US Retail, But Industry Optimistic About Future
Retail sales of plant-based meat products in the US have continued to slow, dropping by 19% from last year – but industry experts have remained positive over this period.
Americans spent 18.6% less on chilled plant-based meat in!-->!-->!-->…
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McDonald’s, KFC, Dunkin’ Among Top US Chains Failing to Embrace Plant-Based Food
A report card of the top 25 food and beverage chains in the US ranks them on their progress towards plant-based menus – the results are dire.
McDonald's generated a lot of headlines last month after its US president said the McPlant had!-->!-->!-->…
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Mycorena CEO on Filing for Bankruptcy: ‘It’s the Most Viable Path for A Clean Restart’
Swedish mycoprotein startup Mycorena has filed for bankruptcy following fundraising difficulties, but a consortium of its investors is aiming to reinstate the company, says its founder and CEO Ramkumar Nair.
On Saturday, Mycorena!-->!-->!-->…
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How Big Meat & Dairy Use the Tobacco Playbook to Influence Governments, Consumers & Climate Policy
The world's largest meat and dairy producers are using tobacco industry tactics to hinder global climate action and influence policymakers and the public in their favour.
Political manipulation, twisted science, targeted ads and weak!-->!-->!-->…
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Pets Choice to Acquire Vegan Dog Food Brand Hownd, With Founders Exiting the Business
UK manufacturer Pets Choice has agreed to acquire vegan dog food maker Hownd for an undisclosed sum, in what is described as a "positive" deal for the brand.
Power Pet Brands, the parent company of Hownd, has agreed to sell the vegan!-->!-->!-->…
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Lidl, Ahold Delhaize in Race to Be World’s First Retailers to Align Protein Sales with Climate Goals
Europe's supermarkets are increasingly pledging more plant protein offerings, spearheaded by Lidl and Ahold Delhaize. A mass transition is still far away, though.
While each of Europe's 15 largest supermarkets has set targets to reduce!-->!-->!-->…
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Star 4: Nestlé Develops High-Yielding Coffee Variety to Take On Climate Change
Nestlé has unveiled a new high-yielding arabica coffee variety in Brazil, which is resistant to the impacts of climate change.
In its bid to make the global coffee supply chain more resilient, Nestlé has developed a new arabica variety!-->!-->!-->…
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Starbucks to Lead City-Wide Reusable Cup Project in Petaluma, California
A coalition of cafés and restaurants are participating in a city-wide reusable cup project in Petaluma, California, with the goal of reducing waste from single-use plastics.
More than 30 eateries, including Starbucks, KFC, Dunkin',!-->!-->!-->…
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Lidl Teams Up with WWF to Promote Sustainable Diets, Cut Food Waste & Help People Make Greener Choices
German discount retailer Lidl has partnered with the World Wildlife Fund to conserve biodiversity, promote planet-friendly diets, and reduce food waste across 31 countries.
One of the world's largest retailers, Lidl, has entered a!-->!-->!-->…
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Upside Foods Cuts Jobs Amid Investment Squeeze and Legislative Challenges
Californian cultivated chicken maker Upside Foods has conducted a round of layoffs as it looks to overcome financial and legislative obstacles.
Leading cultivated meat company Upside Foods – one of only two to be approved for sale in!-->!-->!-->…
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THIS Isn’t Nice: Crowd Investors Angry at Post-Series C Valuation of Plant-Based Meat Brand
Crowdfunding backers of UK plant-based meat maker THIS have reacted furiously to a significant drop in the business's valuation, following its £20M Series C round last month.
In 2022, when THIS closed its Series B fundraise, it was!-->!-->!-->…
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As Big Food Feels the GLP-1 Effect, Nestlé Finally Takes On Ozempic
The world's largest food company is responding to the most disruptive trend the industry has faced in years by offering products and services targeted to GLP-1 users.
If you can't beat them, join them.
Nestlé might be a $105B!-->!-->!-->!-->!-->…
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No Plans to Bring Back McPlant in the US, Says Top McDonald’s Exec
A McDonald's executive has said that the McPlant hasn't been successful in the US, and the company will look to focus on chicken instead of bringing the plant-based burger back.
McDonald's has no plans to bring back the McPlant in the!-->!-->!-->…
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UK Supreme Court Puts Future Fossil Fuel Projects in Jeopardy After Landmark Ruling
The UK's supreme court has ruled that the climate implications of fossil fuels must be taken into account by planning bodies, throwing new projects in doubt.
Future fossil fuel extraction projects in the UK are in jeopardy, thanks to a!-->!-->!-->…
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‘Mad Men’: UN Chief Called for A Ban on Fossil Fuel Advertising – But Media Companies Remain Mostly Silent
In a speech last week, the UN secretary general implored countries and media companies to stop fossil fuel advertising – but is the warning falling on deaf ears?
"Climate change is the mother of all stealth taxes paid by everyday people!-->!-->!-->…
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