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Asia’s first industrial insect company, Nutrition Technologies, closes US$20m equity round to launch new products and expand into new markets 

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Asia’s first industrial insect company, Nutrition Technologies, closes US$20m equity round to launch new products and expand into new markets 

September 20, 2022 by Asia Food Journal

nutrition technologies

Executive Summary  Nutrition Technologies closed a US$20m equity venture round led by PTT VenturesInsect protein market expected to be worth US$1.3 billion by 2027.Nutrition Technologies manufactures sustainable animal feed ingredients and biofertilisers, using a unique combination of microbes and black soldier fly larvae to recycle nutrients from agricultural and food processing by- products.Insect solutions show great potential to help contribute to reaching global greenhouse gas … [Read more...] about Asia’s first industrial insect company, Nutrition Technologies, closes US$20m equity round to launch new products and expand into new markets 

Other Topics: alternative protein, animal feed ingredients, equity round, greenhouse gas emissions, Ingredients, natural ingredients, nutrition technologies, sustainability

Kraft Heinz targets carbon neutrality by 2050

December 22, 2021 by Cath Isabedra

The Kraft Heinz Company is committing to achieve net-zero greenhouse gas emissions in its operational and global supply chains by 2050. In the short term, the food supplier is aiming to reduce greenhouse gas emissions by 50% by 2030. For the latter, it will focus on scope 3 emissions, as this comprises 95% of total emissions generated by the company. To achieve this, Kraft Heinz will be taking strides that are aligned with the Science Based Targets initiative (SBTi) Net-Zero Standard. These … [Read more...] about Kraft Heinz targets carbon neutrality by 2050

Other Topics: carbon emissions, carbon neutrality, greenhouse gas emissions, Kraft Heinz, lower carbon emissions, net-zero greenhouse gas emissions, Processing, Science Based Targets Initiative, science-based sustainability, sustainability, sustainable company, sustainable packaging, sustainable processing

Fresh Del Monte commits to reduce greenhouse gas emissions by 2030

November 8, 2021 by Cath Isabedra

Fresh Del Monte is one of the first vertically integrated producers of fruits, vegetables and prepared food to have its emission targets approved by the Science Based Targets initiative. Aligned with the goals set forth by the Paris agreement, the company will be lowering scope 1 and 2 greenhouse gas emissions in its operations by 27.5%. For the value chain side, which includes purchased goods, waste generation and distribution, scope 3 emissions must be down by 12.3%. These will contribute … [Read more...] about Fresh Del Monte commits to reduce greenhouse gas emissions by 2030

Other Topics: Fresh Del Monte, greenhouse gas emissions, Ingredients, lower carbon emissions, Science Based Targets Initiative, sustainability, sustainability goals, sustainability targets

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