Green Business

The South Korean government has created a special zone designed for the development of cultivated foods, which will exempt companies from certain regulatory hurdles to help them commercialise their products. South Korea has taken a…
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Artificial intelligence startup Shiru has today launched the "world's first" protein discovery platform, allowing companies to find and buy sustainable proteins for product development. As the world of protein expands, with innovators…
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Impossible Foods is considering a "liquidity event" that could see the plant-based meat giant raise more capital, go public or even be sold to another company in the next few years. As plant-based meat fights back after a difficult…
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Hilton has rolled out zero-waste menus at four of its hotels in the UK as part of its ESG strategy, alongside a low-waste menu at nearly 20 additional sites. On Stop Food Waste Day (April 24), Hilton launched zero-waste menus at…
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Australian food tech company Eighth Day Foods is in the process of finding buyers for its fermentation technology and the business itself, with the aim to focus on scaling up as part of a mature multinational company. Eighth Day Foods,…
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A year after filing for administration in the UK, vegan food manufacturer Plant & Bean has opened a new factory for plant-based meat via a joint venture in Thailand. Much like its counterparts, 2023 was a turbulent year for Plant…
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Los Angeles startup Omeat has seen its employee count shrink by about 80%, with a change in leadership brought on by what insiders describe as a hostile work culture, according to AgFunderNews. It was in June last year that Omeat…
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An ESG leader and one of the world's largest CPG companies, Unilever is pushing back its climate and social pledges amid increased pressure to focus on financial goals above everything else. Unilever is either abandoning or watering…
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The Rewe Group has opened the doors to its first 100% vegan store in Germany. Called Rewe Fully Plant-Based, the new space houses more than 2,700 products, and is located on a road crossed by 90,000 pedestrians every day. Weeks after it…
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Californian precision fermentation pioneer Perfect Day has been sued for $134M by its Italian manufacturing partner Olon for breach of contract, fraudulent inducement, and fraudulent concealment. A leader in the precision-fermented…
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Amid a backdrop of a fall in food tech investments globally, Europe also suffered a decline – but the number of financing deals went up, with food science and agtech funding on the rise, according to DigitalFoodLab's 2024 State of European…
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Despite net-zero plans, banks in the US are fuelling the expansion of industrial livestock production by financing corporations whose emissions are higher than all of Japan, according to new research. A total of 58 US banks provided…
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One of Asia-Pacific's foremost plant-based meat companies, New Zealand-based Sunfed Meats, is shutting down after facing supply chain pressure, high costs, and a loss of faith from its investors. A week after it emerged that investors…
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At the inaugural THAIFEX-HOREC Asia in Bangkok last month, representation for veganism was strong, particularly for plant-based milk, with a host of startups presenting new innovations in the space. March brought with it scorching heat…
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Half of the executives at the six largest advertising and public relations firms have connections with heavily polluting industries, according to a new investigation by climate media outlet DeSmog and marketing activism group Clean…
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During Starbucks' annual shareholder meeting this month, 94.7% voted against PETA's proposal to drop the extra charge for plant-based milk in the US, with the board of directors stating that prices are dictated by country-specific market…
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Despite making big climate pledges, the world's largest oil and gas companies are "way off track" from reducing any emissions, with plans to instead increase production. Here's what investors need to consider. In Dubai last year,…
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German retail giant the Rewe Group is set to open its first 100% vegan supermarket in Germany, after introducing fully plant-based stores under its Billa supermarket chain in neighbouring Austria in 2022. Rewe is on the verge of opening…
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Described as the “Fortune 500 of agrifood tech”, food tech consultancy Forward Fooding has released its 2023 FoodTech 500 list, with the highest number of companies belonging to the plant-based sector. Other alternative protein startups…
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Food tech community FoodHack and ingredient and fragrance giant Givaudan have teamed up to launch a FoodTech World Cup, a global competition aimed at finding disruptive technologies and consumer concepts. With investment in the agrifood…
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This week, Indian food delivery service Zomato launched a Pure Veg Mode in its app for people to order from 100% vegetarian restaurants – but it has sparked intense debate about casteism and religious discrimination after announcing a…
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