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Green Business
Cash Cows: Banks Have Financed Over Half a Trillion Dollars to Increase Meat & Dairy Production Since the 2015 Paris Agreement
Since world leaders signed the landmark Paris Agreement in 2015, banks and financial institutions have credited livestock producers with $615B to increase meat and dairy production, according to a new study.
It's not just public funding!-->!-->!-->…
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K-Rounds: Keurig to Roll Out Compostable Cellulose Coffee Pods Next Year
US coffee company Keurig, one of the world's largest coffee pod producers, has introduced K-Rounds, a line of plant-based, fully compostable capsules, alongside a new machine, which are slated for launch in 2025.
Next year, Keurig Dr!-->!-->!-->…
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With New Red Packaging, Impossible Foods is Leaning Into the ‘Carnivorous Craveability of Meat’
Plant-based meat leader Impossible Foods has unveiled a complete brand refresh, with striking red packaging putting flavour and nutrition front and centre of its products.
A greater spotlight on taste descriptors, saturated fat and!-->!-->!-->…
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Future Food Quick Bites: Vegan Kraft Dinner, Falafalcinis & Oat Milk Reese’s
In our weekly column, we round up the latest news and developments in the alternative protein and sustainable food industry. This week, Future Food Quick Bites covers nutrition wins for plant-based meat, a ton of alt-dairy announcements,!-->…
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Singaporean Cultivated Seafood Startups Umami Bioworks and Shiok Meats Announce Merger
In a major shift in the cultivated seafood space, Singaporean startups Umami Bioworks and Shiok Meats have announced plans to merge. Once finalised, Umami Bioworks CEO Mihir Pershad will lead the combined entity, and Shiok Meats CEO!-->…
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Here’s What the SEC’s New Climate Disclosure Rules Really Mean
The SEC has watered down and walked back on its proposed rules for mandatory corporate disclosures of scope 3 emissions – here's why, and what that means.
As November 5 gets closer, we're seeing more and more landmark policy decisions!-->!-->!-->…
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Artificial Intelligence Likely to Use More Energy, and Spread More Climate Misinformation
That artificial intelligence (AI) can help solve the climate crisis is a misguided notion – instead, the tech will likely cause rises in energy use and fuel the rapid spread of climate misinformation, according to a new report.
“AI!-->!-->!-->…
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Vegan Food Group’s Matthew Glover: ‘We’re Going Big, Because We Have To’
Matthew Glover, co-founder of the Vegan Food Group, speaks to Green Queen about the decision behind acquiring its portfolio companies, the ambition to become a "vegan Unilever", the challenging period for the sector, and the need for a!-->…
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In Five Years, Plant-Based Pioneer Just Egg Has Sold Half a Billion Worth of Eggs
California's Eat Just has reached a significant milestone, with its plant-based Just Egg completing sales equivalent to 500 million chicken eggs. The development comes weeks after the startup, which owns 99% of the vegan egg market,!-->…
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Vegan Food Group to Acquire Germany’s Tofutown in Latest Consolidation Deal to Drive Profitability
Following its rebrand from VFC Foods last month, the newly formed Vegan Food Group is set to acquire German tofu manufacturer Tofutown for an undisclosed sum. With four businesses under its portfolio, the company aims to bolster revenue!-->…
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The Body Shop: How the Ethical Beauty Pioneer’s Fortunes Soured, and What Happens Next
The Body Shop has announced that its UK and German operations have gone into administration, with its business in other countries also in jeopardy. How did it get here, and what's next?
A pioneer of cruelty-free beauty and a beloved!-->!-->!-->…
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Inside Meat the Mushroom’s Vegan Bacon Pitch on Shark Tank
Black-owned plant-based meat company Meat the Mushroom secured investment from two Sharks in the ongoing season on Shark Tank – here's the inside story on how it all went down.
"In Shark Tank, we have so many plant-based products – they!-->!-->!-->…
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Unhooked: Alt-Seafood Startups Face Headwinds Despite Urgent Need for Fish-Free Solutions
San Francisco-based New Wave Foods and Germany's Ordinary Seafood have become the latest casualties in the alternative protein sector, spotlighting the troubles experienced by the vegan seafood category in recent times.
In a short space!-->!-->!-->…
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One Planet Pizza’s Joe Hill: ‘Selling A Million Vegan Pizzas Took Me By Surprise’
One Planet Pizza co-founder Joe Hill tells Green Queen about the company's uphill battle in the face of Brexit, war and a pandemic; going on The Apprentice; his trouble with misinformation about veganism, and selling a million pizzas.
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The Cinnamon Kitchen: Celeb-Favourite Indian Vegan Bakery Lands Shark Tank Deal at $1.4M Valuation
Indian vegan bakery The Cinnamon Kitchen secured a ₹60 lakh ($72,000) investment from Aman Gupta on Shark Tank India. Landing the deal at 5% equity, the brand was valued at ₹12 crores ($1.44M), and is among a handful of other plant-based!-->…
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‘A Religious Obsession’: Eat Just Responds to Consumer Demand by Bringing Back Vegan Mayo & Ranch
Eat Just has relaunched its vegan mayonnaise and ranch lines, citing years of requests from consumers to bring back the products. The return of the SKUs, which were discontinued after major controversy and to focus on the Just Egg rollout,!-->…
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Deliciously Ella: After Years of Trolling, Ella Mills is Finally Happy (and Thriving) Now
Ever the darling of the UK's plant-based space – with a recipe book that sold faster than any other vegan cookbook ever – Ella Mills retreated from the limelight a few years ago. Her brand, Deliciously Ella, suffered setbacks from the!-->…
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VBites: Heather Mills Rescues Her Alt-Meat Brand a Month After Entering Administration
British entrepreneur Heather Mills has secured a rescue deal for her plant-based brand VBites, buying the assets of the business from administrators for £1M and waiving nearly £5M of debt owed to her, a month after first announcing that!-->…
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Yet Another Acquisition: CPG Investor Purchases Vegan Coffee Creamer Leader Nutpods
Amid a flurry of M&A activity in the plant-based space, US non-dairy coffee creamer brand Nutpods has been acquired by newly formed CPG investment arm MPearlRock
Bellevue, Washington-based Nutpods, which makes coffee creamers,!-->!-->!-->…
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Aussie Vegan Meat Maker v2food Acquires Ready Meal Brands as Plant Based Sector Undergoes Consolidation
Leading Australian plant-based meat maker v2food has acquired ready meal brands Soulara and MACROS for an undisclosed sum to expand its portfolio, in a sector flooding with M&A activity.
Aussie alt-meat leader v2food has expanded!-->!-->!-->…
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Next Level Burger Acquires Veggie Grill to Become North America’s Largest Fast-Casual Vegan Chain
In one of the largest M&A deals in the US plant-based space, Next Level Burger has acquired fast-casual chain Veggie Grill. The move comes a year after the latter was saved from bankruptcy, and makes Next Level Burger the largest!-->…
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