By Cath Isabedra The food and beverage (F&B) industry significantly impacts the environment due to its resource-intensive production processes. In particular, water and energy consumption are two critical areas where F&B manufacturers can dramatically impact their sustainability targets. Water scarcity is a growing global concern, with 1 in 3 people experiencing water scarcity and 1 in 9 lacking access to clean water1. The F&B industry significantly contributes to water … [Read more...] about Water and Energy Efficiency: Key Solutions for Achieving Sustainability in the F&B Industry
Industry
Campden BRI develops Cooking Energy and Cost Rating service
A Cooking Energy and Cost Rating service has been launched by Campden BRI. The service has been designed to support food manufacturers and retailers, enabling them to provide information – either on-pack or otherwise – on the energy used to cook products, using a range of appliances to empower consumers to make an informed decision on the cost of cooking their purchase. It follows rising concerns about energy prices and the cost of cooking. A consumer poll conducted in December … [Read more...] about Campden BRI develops Cooking Energy and Cost Rating service
Indorama Ventures Successfully Secures Inaugural Sustainability-Linked Trade Finance Facility With SMBC
Indorama Ventures Public Company Limited has successfully secured its inaugural sustainability-linked Trade Finance facility with Sumitomo Mitsui Banking Corporation (“SMBC”). The USD 50 million facility for the global sustainable chemical company was inked during the signing ceremony yesterday in Bangkok. This facility will support Indorama Ventures’ working capital, linking the applicable margin that ratchets to the company’s well-established sustainability targets, which include greenhouse … [Read more...] about Indorama Ventures Successfully Secures Inaugural Sustainability-Linked Trade Finance Facility With SMBC
