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Sysco Offers New and Innovative Products For Fall 2021 Through Cutting Edge Solutions Platform
Sysco Corporation, the leading global foodservice distribution company, announced today the nationwide launch of eight innovative concepts exclusively for Sysco customers through the company’s Cutting Edge Solutions platform. These chef-tested and exclusive products provide foodservice operators with on-trend menu options such as plant-based ingredients as well as innovative to-go solutions that will help them stand out in the ever-evolving foodservice environment.
“Our Cutting Edge Solutions platform helps our customers stay on-trend and ahead of the competition with new and..."
Meat Institute Joins U.S.-Led Sustainable Productivity Growth Coalition, Submits Protein PACT
The North American Meat Institute today (Thursday) announced that it will join the U.S. government-led multistakeholder Coalition of Action on Sustainable Productivity Growth for Food Security and Resource Conservation to be launched by the Biden administration at the UN Food Systems Summit.
The Meat Institute also announced that more than 96 percent of comments received during a public consultation launched in July supported its draft sustainability framework and the Protein PACT for the People, Animals, and Climate of Tomorrow, which the Meat Institute has submitted to...
Walmart Announces Closing of Inaugural $2 Billion Green Bond Issuance
Walmart Inc. today announced that it has closed its previously announced $2 billion inaugural green bond offering. Net proceeds will be allocated to fund current and prospective projects to advance Walmart’s sustainability goals.
The green bond is Walmart’s first offering under the company’s Green Financing Framework, published August 2021, which details the company’s alignment with the 2021 Green Bond Principles, administered by the International Capital Markets Association (ICMA).
“The closing of our first-ever green bond offering directs capital toward projects that will advance our environmental sustainability goals...
McDonald’s Happy Meal Toys Go More Sustainable
For more than 40 years, kids and families have delighted in Happy Meals for delicious food and great fun. Many of us have fond memories of playtime fueled by a toy found inside that magical box.
Today we’re taking a step to keep the fun going while helping to build a more resilient planet for the next generation.
Starting now, and phased in across the globe by the end of 2025, our ambition is that every toy sold in a Happy Meal will be sustainable, made from more renewable, recycled, or certified materials...
GOOD Meat, Raises $267 Million, Adds Former USDA Secretary to Advisory Board
Eat Just, Inc., a company that applies cutting-edge science and technology to create healthier, more sustainable foods, announced today that its GOOD Meat division has secured $97 million in new funding, adding to the initial $170 million publicized in May. The overall $267 million fundraise is the largest to date in the burgeoning cultivated meat sector, which analysts predict could become a $25 billion global industry by 2030.
New and previously announced investors include UBS O’Connor, a hedge fund manager within...
US Foods Fall Scoop Designed to Help Operators Appeal to Gen Z and Millennial Diners
US Foods Holding Corp. announced the launch of Fall Scoop, the company’s 10th annual edition of Scoop. Themed, “Next-Gen Ideas for Next-Gen Diners,” Fall Scoop features 23 products that cater to the next generation of diners, Gen Z and Millennials. More than half of the nation’s total population are now members of the millennial generation or younger, making them the largest age group of diners who can drive important revenue opportunities for operators. This generation of diners is different than their predecessors – they want familiar menu items with a twist, sustainable and meatless items, and social media-worthy presentations. Fall Scoop products deliver on these demands to entice, attract, and delight this younger generation of dining enthusiasts and help operators “Make It.”
“We’re bringing fresh ideas to our operators that provide the labor savings and versatility they need today with the innovation they’ll need moving forward as they cater to the next generation of diners,” said Stacey Kinkaid, vice president, product development and innovation, US Foods. “To support our Fall Scoop theme...
OpsAnalitica and FreshFry Launch Partnership to Help Restaurants Define and Track Sustainability
OpsAnalitica, the restaurant ops and food safety compliance analytics platform, and FreshFry, the sustainable food tech company providing restaurants with all-natural, plant-based, easy to use frying oil filtering solutions, are thrilled to announce their partnership in an effort to help restaurants define and track sustainability.
The food industry spends over $80B per year on edible oil and together, the OpsAnalitica and FreshFry partnership provide restaurants with money-saving solutions for oil mismanagement. The partnership is an integration of FreshFry's compliance checklist into the OpsAnalitica platform...
Walmart Driving Regeneration in Agriculture
In 2016, Walmart announced our commitment to sustainably source at least 20 key commodities by 2025. Building on that work, in 2020, we embarked on our journey to go beyond sustainability and become a regenerative company, dedicated to placing nature and humanity at the center of our business.
Regeneration means restoring, renewing, and replenishing, in addition to conserving and sustaining. And as part of that aim, we have committed to protect, manage or restore at least 50 million acres of land by 2030. Across our business, associates have been working with our suppliers and...
Kroger Releases 2021 Environmental, Social and Governance Report
The Kroger Co. released its 2021 Environmental, Social and Governance (ESG) report, sharing its new long-term ESG strategy and framework to benefit people and the planet, and to help create a more resilient, equitable food system for tomorrow.
"As a grocery retailer, Kroger is committed to advancing positive impacts for people and our planet and to creating more resilient global systems," said Rodney McMullen, Kroger's chairman and CEO. "Even throughout a difficult year, our team continued to make progress on our goals while still playing a key role in providing fresh food and essential goods to our communities. Through our Zero Hunger | Zero Waste social and...
A Look at Sustainability in Minerva Foods’ Operations
Brazil-based beef producer Minerva Foods has committed to reducing its emissions intensity by 30% by 2030 and become carbon neutral by 2035, a 15-year head start on the well-known Paris Agreement.
Minerva said the emission reductions are in line with methodologies approved by the Science Based Targets Initiative, a non-profit program led by CDP, the World Resources Institute, World Wildlife Fund, and the United Nations Global Pact that create reduction targets in line with climate science.
Minerva said it will invest...
Tyson Fresh Meats Leader Testifies About Beef Industry at Senate Hearing
Shane Miller, group president of Tyson Fresh Meats, the beef and pork unit of Tyson Foods, testified about the beef industry during a hearing held today by the U.S. Senate Committee on the Judiciary. Below is Miller’s written testimony:
Chairman Durbin, Ranking Member Grassley, members of the Judiciary Committee, thank you for inviting me here today.
I proudly represent Tyson Foods, a company based in Springdale, Arkansas, and founded nearly a century ago by John W. Tyson, who started this business trucking chickens to markets across the Midwest...
Pilgrim’s Pride Reports Second Quarter 2021 Results with Growth in Sales
Pilgrim’s Pride Corporation reported its second quarter 2021 financial results.
Second Quarter Highlights
- Net Sales of $3.64 billion, up 29% from prior year.- Consolidated GAAP Operating Income margin of (3.4)% with GAAP Operating Income margins of (10.0)% in U.S., 17.5% in Mexico and 2.3% in Europe. Adjusted U.S. Operating Income margin of 7.8%.- GAAP Net Loss of $(166.7) million. Adjusted Net Income of $153.8 million or adjusted EPS of $0.63.- Adjusted EBITDA of $371.6 million, or...
Yum! Brands Annual Global Citizenship & Sustainability Report Shows Company's Commitment to Growth
Yum! Brands, Inc. released its annual Global Citizenship & Sustainability Report, highlighting the Company’s strategic investments in socially responsible growth, risk management and sustainable stewardship of its people, food and impact on the planet. Yum! and its KFC, Pizza Hut, Taco Bell and The Habit Burger Grill brands made progress in critical areas including climate action, food safety and creating greater equity and opportunity across its system.
“2020 marked a turning point for communities and businesses around the world, as the pandemic deepened existing societal issues and inequalities"...
JBS Releases 2020 Sustainability Report
JBS USA, a leading global food company and the majority shareholder of Pilgrim’s Pride Corporation released its 2020 Sustainability Report: Celebrate Your Foodprint, which includes new aggressive global targets and completion of its 2020 sustainability goals. The report transparently details the company’s sustainability actions across its global operations in North America, the UK, Continental Europe, Australia and New Zealand.
“Our sustainability promise is stronger than ever, as we deliver on our goals and continue to raise the bar for more sustainable food production,” said Andre Nogueira, JBS USA CEO. “We have established a new vision...
Blue Apron Sets New Sustainable Packaging Goals
Blue Apron announced a new sustainable packaging goal for its meal kit boxes of 100% recyclable, reusable or compostable by the end of 2025. The company also strives to use 75% post-consumer recycled content, by weight, in its meal kit boxes by the end of 2025.
By establishing these goals, Blue Apron is the first major meal kit company in the United States to announce time-bound targets around packaging goals.
“With these new goals, we are building on our history of sustainability through food waste reduction, packaging improvements, and ingredient standards,” said Linda Findley Kozlowski, Blue Apron’s President and Chief Executive Officer. “We estimate that our meal kit packaging is currently...
Maple Leaf Foods Releases 2020 Sustainability Report
Maple Leaf Foods, a leading North American producer of high-quality, sustainable meat and plant-based proteins, announced the release of its 2020 Sustainability Report, highlighting the company's key initiatives, milestones and accomplishments in 2020 on its journey to become the most sustainable protein company on earth.
Throughout the challenges of 2020, Maple Leaf Foods remained committed to leading in sustainability, born out of a recognition of the enormous and essential role that the protein industry plays in nourishing billions of people, and the resources required to create nutrient-dense foods. While prioritizing the health and safety of its employees and the stability of its food supply, the company championed a more...
Tyson Foods’ Finney County Plant Completes Water Stewardship Certification
Tyson Foods’ Finney County plant has officially been certified under the Alliance for Water Stewardship (AWS) standard by international third-party certification body SCS Global Services (SCS), making Finney County the first and only meat processing plant in the US certified under the AWS standard. Implementation of the standard is intended to achieve five main outcomes of good water stewardship at the site: good water governance; sustainable water balance; good water quality status; important water related areas; and safe water, sanitation, and hygiene for all.
“We are proud of our work to implement water stewardship practices in Finney County and our recent certification under the Alliance for Water Stewardship standard is...
Pilgrim’s Shares 2020 Sustainability Achievements
Pilgrim’s announced the release of its 2020 Sustainability Report, which includes the five-year results of its 2015 sustainability goals and aggressive new global targets that will guide the company’s sustainability strategy over the next decade and beyond. The report transparently details the company’s progress in key priority areas – animal care, team members, environment, communities, customers and consumers, and suppliers – across its operations in the UK, Continental Europe, Mexico and the United States.
Pilgrim’s has established sustainability as core to its business strategy, adopting industry-leading initiatives that build on the company’s long-standing commitment to sustainable food production. Pilgrim’s is the first major global meat and poultry company to offer a sustainability-linked bond tied to...
Conagra Brands Accelerates Transition to 100% Cage-Free Eggs
Conagra Brands announced the company's plans to accelerate its transition to 100% cage-free eggs, converting 100% of its egg usage to cage-free by the end of fiscal year 2024, one year earlier than its original commitment to directly source 100% cage-free eggs by 2025.
Conagra plans to convert approximately 20% of its egg usage to cage-free by the end of fiscal year 2021; approximately 45–50% to cage-free by the end of fiscal year 2022; approximately...
Yum China Releases 2020 Sustainability Report
Yum China Holdings issued its 2020 Sustainability Report, which highlights the Company's commitment to sustainability and provides an overview of progress made in 2020 towards its sustainability goals.
In 2020, Yum China engaged internal and external stakeholders to complete a comprehensive materiality review. As a result, the Company resolved to focus efforts around three pillars: Environment, Food and People. Within these, Yum China identified 23 material issues in the value chain to work on as initial sustainability priorities. In the report, progress made in 2020 has been summarized in accordance with...
Tyson Foods Targets 2050 to Achieve Net Zero Greenhouse Gas Emissions
Tyson Foods announced its ambition to achieve net-zero greenhouse gas (GHG) emissions across its global operations and supply chain by 2050, including scopes 1, 2 and 3. As the first U.S.-based protein company to have an emissions reduction target approved by the Science Based Targets initiative (SBTi), this ambition, in conjunction with the release of the company’s fiscal year 2020 (FY20) Sustainability Progress Report, underscores the company’s commitment to help combat the urgency of the growing climate change crisis.
“At Tyson Foods, we believe progress requires accountability and transparency and we are proud to exemplify that as we work to achieve net-zero greenhouse gas emissions by 2050,” said John R. Tyson, Chief Sustainability Officer, Tyson Foods. “As the first U.S.-based protein company in the food and beverage sector to have...
West Liberty Foods Releases 2021 Corporate Social Responsibility Report
West Liberty, Iowa-based West Liberty Foods has released its 2021 Corporate Social Responsibility (CSR) Report, highlighting major achievements in environmental sustainability, animal welfare, food safety, social responsibility, and community involvement. It is the 2nd CSR report the company has released in the past 3 years.
“Creating and maintaining sustainable practices is of the utmost importance at West Liberty Foods,” said Brandon Achen, President. “But, it is our team members who are at the heart of our sustainability successes. This report combines...
Smithfield Foods Expands Sustainability Program in New Report
In addition to its industry-leading greenhouse gas (GHG) reduction commitment to become carbon negative in all U.S. company-owned operations by 2030, Smithfield Foods, Inc. today announced it will reduce GHG emissions across its entire domestic supply chain 30 percent by 2030. This new goal builds on the company's prior pledge to reduce greenhouse gas emissions across its domestic supply chain 25 percent by 2025. Smithfield also announced that it will obtain 50 percent of its electricity from...
Beef Quarterly Q2 2021: Record Prices, but Will They Last?
Many key beef production and consumption areas across the world are currently experiencing high or record prices for beef or cattle. We explore what is driving this and whether it will last. There are also several other issues affecting global beef markets at present.
The rollout of vaccines, the transition to robust economic growth, and the advance of the northern hemisphere summer see many areas experiencing lower Covid case numbers and higher economic activity. With restrictions being eased, foodservice sales are also...
KFC Unveils New Modernized Packaging, Available Early this Summer
As KFC continues to grow, it is always keeping tabs on ways to improve its customers' experience. The company's latest innovation efforts have been focused on creating KFC's new sleek, clean and modernized packaging that will show up in restaurants early this summer.
The new packaging reflects the brand's identity with a more modern take on the KFC signature red and white stripes. It will feature reheating instructions – because KFC's fried chicken is just as good the next day – and...
The updated buckets will showcase a fresh "Fried with Pride" design featuring...
Burger King Rolls Out Green Packaging Pilot Program
Burger King is committed to being part of a more sustainable future by reducing its environmental footprint. That’s why, the company is continuing its journey by launching a green packaging pilot program focused on finding scalable solutions for eight of its most-used, guest-facing items including forks, spoons, knives, straws, drink lids, Frypods®, Whopper® wrappers and napkins.
The guest packaging will be tested in 51 company-owned restaurants in Miami and utilizes alternative materials, such as Frypods® made with renewable unbleached virgin paperboard; cutlery made with cPLA, a plant-based plastic; and napkins made with 100 percent recycled fiber. Burger King will also be testing paper and plant-based straws along with strawless lids, which could potentially eliminate up to...
PLANT PROTEIN: Get to Know Players in the Plant Protein Market: The Better Meat Company
“Of course people like eating burgers, people like eating meat! We want to give people that same experience, just with a far more diversified portfolio of proteins. Whether that means it’s a blended burger, a plant-based burger, or a burger made from microbial proteins, we want to give people the experience of eating meat that people want, but with a much smaller footprint on the planet.” said Paul Shapiro, The Better Meat Company’s CEO, TEDx speaker, bestselling author, podcast host, plant-based fish stick enjoyer, and animal lover.
With just three growth packed years in the industry and 16 employees, The Better Meat Company provides high quality plant protein formulations to major food companies for use in both blended meat-plant hybrid products and traditional plant-based foods...
Yum! Brands Announces Approved Science-Based Targets to Address Climate Change
Yum! Brands, parent company of KFC, Pizza Hut, Taco Bell and The Habit Burger Grill restaurants, announced it will decrease its greenhouse gas (GHG) emissions 46% by 2030 in partnership with its franchisees, suppliers and producers as part of its broader strategy to address climate change. Additionally, Yum! pledged to achieve net-zero emissions by 2050. The science-based targets (SBTs) are consistent with reductions required to keep warming to 1.5ºC and have been approved by the Science Based Targets initiative.
“Climate change is one of the top priorities of our Recipe for Good strategy, and we’re investing significantly in sustainable growth to address this issue by working closely with our brands, franchisees and suppliers,” said David Gibbs, Yum! Brands CEO. “We believe in the collective power of Yum! and...
Weis Markets Makes Progress in Reducing Its Environmental Impact
Weis Markets announced its continued progress toward reducing the company's overall environmental impact last year, achieving its goal of a 20 percent reduction of greenhouse gas emissions by 2020.
The company's progress is reported in the new 2020 Sustainability Report: Weis by Nature. The report details the company's progress during 2020, including new partnerships to divert food waste from landfills, innovative measures to reduce truck fleet fuel consumption, and a continued focus on conserving resources and...
Kroger Continues to Advance Zero-Waste Vision Through Partnership with TerraCycle
Kroger announced the expansion of its Simple Truth® Recycling Program – offering customers a free and easy way to recycle flexible plastic packaging – to include all private-label brands, including Private Selection®, Kroger® Brand, Comforts®, Luvsome®, Abound®, and more. The newly expanded Kroger Our Brands Recycling Program is the first program of its kind and advances the retailer's Zero Hunger | Zero Waste social and environmental impact plan.
Developed in partnership with international recycling leader TerraCycle, the innovative and eco-conscious Kroger Our Brands Recycling Program encourages customers to mail in flexible plastic Our Brands packaging, including potato chip and snack bags, shredded cheese bags, frozen food bags, pouches, deli meat and cheese bags, grain and bean bags, as well as...
Albertsons Companies Commits to Setting Science-Based Target to Reduce Carbon Emissions
Albertsons Companies has announced its commitment to the Science Based Targets initiative (SBTi) and will set an emissions reduction target that supports the goals of the United Nations’ Paris Agreement to reduce carbon emissions. Albertsons Cos.’ emissions reduction goal will align with standards that are designed to ensure a better future and to prevent the worst impacts of climate change.
In a recent assessment of priorities for Albertsons Cos.’ Environmental, Social, Governance (ESG) strategy, internal and external stakeholders rated energy and emissions as high priorities for the Company to focus on. To support these priorities, leaders across the enterprise are updating long-term strategic plans to...
Chipotle Releases 2020 Sustainability Report, Achieves 50% Waste Diversion Goal
Chipotle Mexican Grill announced the publication of its 2020 Sustainability Report. The report covers Chipotle's impact, progress and goals across a variety of areas that play a critical role in its mission to Cultivate a Better World.
Chipotle achieved a 51% waste diversion rate through recycling, composting, and waste-to-energy programs, reaching a key goal outlined in its 2018 Sustainability Report. The company continues to expand its innovative methods of diverting waste, including its Glove to Bags program, an initiative that transforms...
US Foods Releases 2020 Corporate Social Responsibility Report
US Foods Holding Corp. announced the launch of the company’s 2020 Corporate Social Responsibility (CSR) Report. The report highlights progress against the company’s ongoing commitment to caring for people, protecting the environment, and providing responsibly sourced and sustainable products.
“I am proud of how our associates worked together to serve customers, communities and each other during the many challenges of 2020,” said Chairman and CEO Pietro Satriano. “Despite the unprecedented year, we were able to make meaningful progress against...
Study Finds Consumers are Hopeful About Agriculture’s Ability to Positively Impact Climate Change
When it comes to climate change, consumers view agriculture as a part of the solution rather than the problem. Among participants in Cargill’s recent global Feed4Thought survey, those who indicated climate change as important to them also rated livestock and agriculture lowest in negative impact compared with other industries generally regarded as significant contributors. More than one-third of respondents expressed confidence in the industry’s ability to limit its contributions to climate change.
“Farmers are critical to feeding the world sustainably and responsibly,” said Ruth Kimmelshue, who leads Cargill’s animal nutrition & health business. “With a growing population and rising consumer interest in climate change, they are also part of the solution to address...
Study Confirms U.S. Beef Industry is the Most Sustainable in the World
A research paper released confirmed U.S. beef production is the most sustainable production system in the world, a fact long understood by America’s cattle producers, who between the 1960s and 2018, reduced the carbon footprint of the industry by 40 percent while producing 66 percent more beef.“We already know a growing global population will require and demand high-quality food, which means we need ruminant animals, like beef cattle, to help make more protein with fewer resources,” said NCBA president and Kansas cattleman, Jerry Bohn. “Cattle generate more protein for the human food supply than would exist without them because...
Dunkin’ Celebrates 1,000th Next Generation Restaurant Opening
Back in 2018, Dunkin' opened its first Next Generation restaurant in Quincy, MA, featuring a new design with a modern atmosphere and innovative features. Now, just three years later, Dunkin' is celebrating the opening of its 1,000th Next Gen restaurant in Woodstock, GA.
For the official ribbon-cutting, franchisee Andy Awale of the Awale Network was joined by Scott Murphy, Head of Inspire Brands Beverage-Snack Category and President of Dunkin’, and Mathias Piercy, Regional Vice President at Dunkin’. Other festivities included merch and free coffee giveaways, a presentation of a $1,000 grant to the Northside Hospital Cherokee NICU – Miracle Babies Fund from the Dunkin’ Joy in Childhood Foundation, and a donation of 1,000 pounds of Dunkin’ packaged coffee to the Never Alone food pantry.
The Next Generation store concept includes...
LIVEKINDLY Collective Raises $335 Million in Latest Funding Round
LIVEKINDLY Collective, a collection of heritage and start-up brands on track to become one of the world’s largest plant-based food companies, announced a successful capital raise led by The Rise Fund, the global impact investing platform managed by TPG. This round was joined by existing investor Rabo Corporate Investments, the investment arm of Rabobank, S2G Ventures, and other existing and additional mission-aligned investors.
This investment closes a growth funding round of $335 million, including $135 million converted from a prior round, bringing the total funds raised by LIVEKINDLY Collective in its first year to $535 million. With this latest investment, LIVEKINDLY Collective has become one of the top three...
Pilgrim’s Becomes First Global Meat and Poultry Company to Offer Sustainability-Linked Bond
Pilgrim’s Pride Corporation announced it is offering a $1 billion sustainability-linked bond tied to efforts to reduce greenhouse gas emission intensity across its global operations. The bond is the first of its kind to be issued by a global meat and poultry company, and aligns with Pilgrim’s vision to be the best and most respected company in its industry.
“Since the release of our inaugural corporate responsibility report nearly a decade ago, Pilgrim’s has set ambitious environmental improvement targets and publicly reported our progress to the market,” said Fabio Sandri, Pilgrim’s global chief executive officer. “Earlier this week, we announced our commitment to achieve net zero greenhouse gas emissions by 2040 and today we offer our first sustainability-linked bond. These actions reinforce our company’s long-standing commitment to...
Cargill Initiative Aims to Conserve Canadian Prairies through Collaboration with Ranchers
Beef farmers and ranchers play an important role in providing quality food, but few people know they also play an essential role in protecting Canada’s land, water and wildlife. With the urgency of unprecedented environmental challenges, like climate change, Ducks Unlimited Canada (DUC) has teamed up with McDonald’s Canada and Cargill to support rancher-led work through a $5-million CAD Forage Program. The program will work to return 125,000 acres (50,585 hectares) of cropland to grass and pasture by 2025.
In response to growing climate concerns, returning less productive annual cropland to perennial grass helps remove carbon dioxide from the atmosphere. Collectively, the impact of this program is comparable to removing...
Get to Know Players in the Plant Protein Market: PURIS
As part of a new monthly series of Urner Barry plant protein reports an end of the month company profile will be released to showcase players in the plant protein market. Profiles may represent suppliers, consumer food product brands, or firms involved at other levels of the plant protein supply chain.
To date, we have covered several brands powering ahead within the ingredient and consumer product realm but have yet to dig to the roots, almost literally, and mention a firm dedicated to improving quality plant protein sources from field to plate. PURIS, a vertically integrated breeder and provider of premium seeds and further processed plant protein ingredients seeks to...
Niman Ranch Announces Partnership with Fortune Fish & Gourmet
Niman Ranch, a leader in humanely and sustainably raised beef, pork and lamb, announced a new partnership with Fortune Fish & Gourmet, one of the country’s leading processors, distributors and importers of quality seafood, meats and gourmet products. With this new partnership, Niman Ranch has expanded their footprint of geographic availability, now serving sustainability-focused and quality-driven restaurants and select retail outlets in major markets including Detroit, Indianapolis, Chicago, Kansas City, St. Louis, Minneapolis, Omaha, Birmingham and everywhere in between.
“We are excited to partner with Fortune as we bring the finest tasting meat from Niman Ranch to new markets across the country,” shared John Flynn, Niman Ranch’s Vice President of Sales. “We are especially happy to now serve areas of the country in our farmers’ backyards, so they can enjoy the meat they work so hard to raise at some of...
JBS Makes Global Commitment to Achieve Net-Zero Greenhouse Gas Emissions by 2040
JBS announced a commitment to achieve net-zero greenhouse gas (GHG) emissions by 2040. The commitment spans the company’s global operations, including Pilgrim’s Pride Corporation, as well as its diverse value chain of agricultural producer partners, suppliers and customers in their efforts to reduce emissions across the value chain.
JBS is the first major company in its sector to set a net-zero target. The ambition reflects the company’s goal to meet the health and nutritional needs of the growing global population in a sustainable manner that preserves the planet’s resources for future generations. As part of its commitment, the company has signed...
Regulatory and Policy Update: What the Change in Administration Could Mean for the Meat Industry
With the change in administration, participants in the meat industry are closely eyeing what new leadership at USDA and other regulatory bodies could mean for areas including food safety, worker safety, and animal welfare.
In the virtual 2021 Annual Meat Conference, a panel of leading experts in regulatory and policy issues discussed updates on these factors and what industry participants at all levels might need to be prepared for in 2021.
Panelists included Casey Gallimore, Director and Scientific Affairs, North American Meat Institue; and Andrew Harig, Vice President, Tax, Trade, Sustainability & Policy Development, FMI.
Harig kicked off the panel by noting how Washington in March 2021 is drastically different from Washington in March 2020...
In France, No More Plastic McDonald's Happy Meal Toys
McDonald’s France this year introduced sustainable toys: offering more environmentally-friendly toys by removing all plastic toys from its Happy Meal menu as of February.
It’s a big move for one of France’s major toy distributors and builds on the company’s continuous steps toward reducing hard-to-recycle plastic in guest packaging, including McDonald’s Happy Meal toys.
In 2014, McDonald’s France removed batteries from toys; in 2018, it developed new paper games such as coloring and trading cards; and in 2020, eliminated...
Smithfield Foods Announces New Recyclable Packaging and Plastic Reduction Commitments
Smithfield Foods, Inc. announced bold new commitments it will implement across its portfolio by 2030: to achieve consumer packaging that is 90% recyclable, reusable or industrially compostable and to halve use of virgin petroleum-based plastic.
To meet these goals, the company has established an internal cross-functional team to investigate and explore new strategic packaging and plastic-use reduction options. Among the team's current efforts is the identification and testing of replacements for products currently packaged using polystyrene (PS) trays.
Both the new recyclable packaging and plastic reduction goals build upon the company's zero-waste-to-landfill initiative, which outlines a plan to reduce overall solid waste sent to landfills...
What’s on the Menu: Global Foodservice Outlook
In many countries, including those in Europe and North America, Covid-19-related disruptions remain the most relevant driver of foodservice performance in the near term, as sales and foot traffic trends remain well-below pre-Covid levels. Notably, China, which is ahead of the curve in terms of both virus outbreak and containment, could be a potential indicator of the likely speed and scope of the foodservice recovery as the virus subsides.
As vaccinations and treatment advance, the focus of attention will shift from near-term recovery to more strategic matters. The most relevant performance drivers over the next 6 to 12 months will be...
Kroger Expands Partnership with 80 Acres Farms to 316 Stores
The Kroger Co. and 80 Acres Farms bring farm-fresh produce to customers across Ohio. The companies are growing their partnership to reach more shoppers in the Midwest – both in store and online.
"Everyone deserves easy access to fresh, affordable, delicious food," said Dan De La Rosa, Kroger's group vice president of fresh merchandising. "This newly expanded partnership means more communities will have just-picked produce at their fingertips 365 days a year. We're proud to partner with 80 Acres Farms as we work together to create a world with Zero Hunger | Zero Waste."
80 Acres Farms' breakthrough technology means the company can grow pesticide-free produce all year long. With locations closer to customers, the...
US Pork Supply Chain Locked in Limbo as Producers Await Legal Ruling
The US pork supply chain faces significant disruption in 2022, when California’s animal welfare regulations (Proposition 12) take effect. With less than 4% of US sow housing currently able to meet the new standard, Rabobank expects a shortfall in compliant pork to bifurcate the US market, leaving California with a severe pork deficit (and high prices), while generating a surplus in the rest of the US market.
“Producers are reluctant to make the costly investments needed to comply with the new regulation, unless compensated with long-term premium guarantees. Packer processors and end users are unwilling to enter into long-term supply arrangements, given outstanding legal challenges to the California rule and...
Chipotle Announces Executive Compensation Metrics Tied to Sustainability Goals
Chipotle Mexican Grill announced that it has introduced a new Environmental, Social and Governance (ESG) metric that ties executive compensation to ESG goals. The objectives, which are categorized by Food & Animals, People, and the Environment, will hold Chipotle’s executive leadership team responsible to make business decisions that cultivate a better world.
Ten percent of officers’ annual incentive bonus will be tied to the company’s progress toward achieving the company’s goals.
“We are passionate about inspiring real change in people, food, and the environment every day,” said Laurie Schalow, Chief Corporate Affairs & Food Safety Officer. “The compensation plan...
Popeyes Announces New Quality and Sustainability Commitments
Popeyes has announced new food quality commitments for the next 5 years as part of the Restaurant Brands for Good sustainability plan. The commitments are part of the brand’s work to serve responsibly sourced, high quality and great tasting food every day while continuously working to reduce its environmental footprint.
Real Ingredients - Popeyes® is working on removing colors, flavors and preservatives from artificial sources from fried chicken menu items in the U.S. by the end of 2022, starting with its famous Popeyes® Chicken Sandwich.
Antibiotics - Popeyes® is eliminating antibiotics important to human medicine from their chicken supply chain in the US and Canada by the end of 2021. This new sourcing policy supports...
US Foods Spring Scoop Caters to Consumers’ Growing Interest in Well-Being, Sustainability
US Foods Holding Corp. announced the launch of Spring 2021 Scoop™, “Hungry for Better,” which features products that cater to consumers’ growing interest in dining options that support their planet, their communities and themselves. Today’s consumers are more deliberate and conscientious about their dining choices and are seeking products with simple and authentic ingredients that can also satisfy specific dietary needs. At the same time, they are also demanding products with sustainable attributes, and research shows that these consumer behaviors have only intensified since the start of the pandemic. To meet this growing need, US Foods Spring Scoop highlights 21 products that offer a well-being and/or sustainable attribute and are part of the company’s growing portfolio of products under the Hungry for Better initiative.
“With Spring Scoop, we are focusing on products that support our Hungry for Better initiative,” said Stacey Kinkaid, vice president, product development and...
NAMI Awards Smithfield Foods for Environmental Achievements
Smithfield Foods, Inc. is pleased to announce that the company's Orange City, Iowa; Springdale, Ohio; Lincoln, Neb. and Cudahy, Wisc. facilities received 2021 Environmental Achievement Awards from the North American Meat Institute (NAMI). The awards recognize local facility projects in the categories of environmental technology, outreach and training; pollution prevention; resource conservation; and social and economic sustainability. Two Smithfield facilities received first place recognition and two additional facilities received second place recognition.
The NAMI Environmental Achievement Awards are presented to member companies that go beyond environmental compliance by designing and successfully implementing...
Sysco Launches New and Exclusive, Chef-Tested Menu Concepts Through Cutting Edge Solutions Platform
Sysco Corporation, the leading global foodservice distribution company, introduced nine innovative concepts through its Cutting Edge Solutions platform. These new and differentiated products are available exclusively from Sysco and provide foodservice operators with unique menu offerings, innovative meal solutions and environmentally friendly cleaning and beverage products.
“Now more than ever, foodservice operators must provide differentiated offerings to succeed in this challenging operating environment. Sysco’s Cutting Edge Solutions platform offers...
Bell & Evans to Transition 50,000 U.S. Acres to Certified Organic with Cargill, Rodale Institute
U.S. grain farmers have a new incentive to transition from conventional to organic practices, and Bell & Evans banks on many making the change.
Premium poultry producer Bell & Evans is experiencing significant growth in its organic chicken program, increasing its need for U.S. grown organic-certified corn and soybeans used in its organic chicken feed. The family-owned producer finalized a long-term sourcing agreement with global ag leader Cargill to exclusively secure its organic grain and increase domestic organic grain supply. Under the agreement, Cargill will incentivize...
Smithfield Foods Commits to Reducing Sodium and Sugar 10%, Cleaner Labeling Across Products by 2025
Smithfield Foods, Inc. announced companywide health and wellness goals as part of its wide-ranging commitment to sustainability and continuous product improvement. By 2025, the company will reduce sodium and sugar by 10% and embrace clean labeling across its portfolio. The new goals are part of Smithfield's new standalone Health and Wellness pillar and expanded sustainability program.
"At Smithfield, we are constantly innovating to meet the ever-changing needs of consumers who are increasingly seeking out foods with improved nutrition profiles and clean, transparent labeling," said Stewart Leeth, Chief Sustainability Officer for Smithfield Foods. "We understand the importance of...
Get to Know Players in the Plant Protein Market: Roquette
In 1933, brothers Germain and Dominique Roquette, identified an industrial need for potato starch in French textile markets. Both grain brokers, the brothers decided to establish a potato starch production plant in Lestrem, France, named Roquette. Little did they know their investment would grow to be a leading global provider of high-quality ingredient solutions spanning the food, nutrition, health, textile, and pharmaceutical markets sourced from across North America, Europe, and Asia.
Approaching a century of longevity, Roquette leads the marketplace with over forty years crafting and nurturing its expertise in providing plant protein solutions in the global food industry. To date, Roquette offers plant proteins sourced from wheat, fava beans, and...
PepsiCo and Beyond Meat Establish Partnership to Introduce New Plant-Based Offerings
PepsiCo, Inc. and Beyond Meat, Inc. announced they will form The PLANeT Partnership, LLC (TPP), a joint venture to develop, produce and market innovative snack and beverage products made from plant-based protein. The joint venture will leverage Beyond Meat’s leading technology in plant-based protein development and PepsiCo’s world-class marketing and commercial capabilities to create and scale new snack and beverage options. Financial terms of the partnership were not disclosed. Joint venture operations will be managed through the newly created entity The PLANeT Partnership, LLC (TPP).
“Plant-based proteins represent an exciting growth opportunity for us, a new frontier in our efforts to build a more sustainable food system and be a positive force for people and the planet, while meeting...
Urner Barry Presents Plant Protein Insights Webinar
The plant protein sector is developing rapidly around the globe. Innovative and unique offerings enter the market daily under increased pressure for sustainable and nutritious alternative food options. Demand for plant protein ingredients has become an important benchmark for manufacturers, ingredient providers, startups, traditional protein suppliers, and investors interested in this space.
Join Urner Barry on Thursday, January 21, as host Laura Zinger interviews...
NPPC Campaign Showcases Pork Producer Environmental Stewardship
The National Pork Producers Council (NPPC) introduced a multimedia campaign, “Farming Today for Tomorrow,” to showcase U.S. pork producers’ long-standing commitment to environmental stewardship and further reducing greenhouse gas emissions.
“For more than five decades, U.S. pork producers have embraced advancements that have allowed them to do more with less,” said NPPC President Howard “AV” Roth, a hog farmer from Wauzeka, Wisconsin. “Hog farmers have an excellent story to tell and...
FreshDirect Reveals Top Food Trends for 2021; Online Grocery and Home Cooking Boom to Continue
FreshDirect, a leading pure-play online fresh food grocer serving the Northeast, announced its top food trends for 2021. This year’s predictions were curated by FreshDirect’s in-house team of food experts. As food retailers at the forefront of the industry, FreshDirect has a unique and early view of cutting-edge grocery, ecommerce, and customer trends.
“As a leading online grocer, we have a unique and unmatched ability to understand the ever-changing buying habits of our customers. Our view on past orders, as well as those placed in the future, allows us to spot changes in trends quickly and react to them in real-time. The rapid increase in demand for online grocery and the boom in...
Cal-Maine Foods Reports Second Quarter Fiscal 2021 Results
Cal-Maine Foods, Inc. reported results for the second quarter of fiscal 2021 (thirteen weeks) and twenty-six-week period ended November 28, 2020.
Net sales for the second quarter of fiscal 2021 were $347.3 million, an 11.5 percent increase compared to $311.5 million for the second quarter of fiscal 2020. The Company reported net income of $12.2 million, or $0.25 per basic and diluted share, for the second quarter of fiscal 2021, compared to a net loss of $10.1 million, or...
Conagra Brands Issues Sustainability Accounting Standards Board Disclosure for Fiscal Year 2020
Conagra Brands announced the publication of its Sustainability Accounting Standards Board (SASB) metrics for fiscal year 2020. The disclosure details Conagra's ongoing focus on environmental excellence, strong governance, and safe operations. This marks the first time that Conagra has reported to the SASB framework according to the Standard for the Processed Foods industry as defined by SASB's Sustainable Industry Classification System®️ (SICS®️).
SASB is an independent, standards-setting organization dedicated to...
Conagra Brands Issues Sustainability Accounting Standards Board (SASB) Disclosure for FY 2020
Conagra Brands (NYSE: CAG) today announced the publication of its Sustainability Accounting Standards Board (SASB) metrics for fiscal year 2020. The disclosure details Conagra's ongoing focus on environmental excellence, strong governance, and safe operations. This marks the first time that Conagra has reported to the SASB framework according to the Standard for the Processed Foods industry as defined by SASB's Sustainable Industry Classification System®️ (SICS®️).
SASB is an independent, standards-setting organization dedicated to improving the effectiveness and comparability of corporate disclosure on material environmental, social and governance factors. SASB's approach to standard-setting uses a process that is evidence-based and market-informed...
Get to Know Players in the Plant Protein Market: Planterra Foods
One of the fasted growing plant protein brands in the industry has achieved a remarkable 6% market share in a brisk 13-week period. Colorado based Planterra Foods, a subsidiary of Brazilian food giant JBS, has taken the plant-based market by storm with its OZO brand product line of burgers, ground, sausages, and meatballs.
Prior to its debut, OZO had an interesting start as a whiteboard drawing during a design brainstorming session. During the session, a team member at Planterra Foods first drew a globe representing the earth. Another team member added a second circle representative of...
Kroger Shares Top 10 Trending Foods of 2020
The Kroger Co. announced the top 10 trending foods of 2020, as well as its food trend predictions for 2021.
Based on year-over-year sales growth across Kroger's business, including nearly 2,800 retail stores and pickup, delivery and ship, the trending foods and beverages of 2020 included:
Urner Barry Releases First Emerging Plant Protein Report
Plant-based firms remain committed to finding alternative sources of protein and functional ingredient components. While soy, wheat, and pea proteins are the most utilized ingredients to date, numerous other innovative and unique options emerge to fulfill growing demand for sustainable, cheap, functional, and nutritious food items. Currently, consumers have increasingly expressed...
2021 Food Label Trends Deliver Safety and Security for Consumers and Retailers
As U.S. consumers turned to takeout, food delivery and online grocery shopping during the COVID-19 pandemic, food and beverage labeling took on fresh importance. Citing a 15-20% increase in grocery industry sales this year, and e-commerce sales up 43%, sustainable label leader UPM Raflatac found its grocery and restaurant delivery customers want to provide an increasingly safe experience with labels that provide visible safeguards for human health and protections for the environment.
"We knew packaging needs would change for our food industry customers given the COVID-19 shopping impact, and we are encouraged to see...
Dominion Energy, Smithfield Foods Complete Renewable Natural Gas Project in Utah
Dominion Energy and Smithfield Foods, Inc., announced they have completed the first renewable natural gas (RNG) project through their joint venture, Align Renewable Natural Gas℠. Located in Milford in southwestern Utah, the project is now producing RNG from a network of 26 family farms that raise hogs under contract with Smithfield.
The project is the first large-scale effort in the state to capture methane from hog farming operations and convert it into clean energy for homes, businesses and transportation. Significantly more...
Technomic's Take: 2021 Global Trends Outlook
We can only guess what’s in store for 2021 in the global restaurant space. 2020 showed us—among so many things—that what’s expected and what happens don’t always align, to say the least. That said, we think our 2020 restaurant trend forecast holds up fairly well given the reality of the marketplace affected so drastically by the pandemic. Ghost kitchens certainly moved mainstream. Vegan fare got more space to stretch and grow. Plant-based meats continued to inform product development, especially across Asia. Beverage chains certainly broke out from the crowd—again, especially in Asia. And halloumi, pinsa pizzas and sliders had strong showings on chain menus across the world. So, what’s in store for the coming year...
Mosa Meat Backed by Leading Global Impact Investors, Bringing Oversubscribed Round to $75M
Mosa Meat, the European food technology company that introduced a cultivated beef hamburger in 2013, announced the second closing of its Series B funding. This second closing of $20M brings the total raised so far in the round to $75M.
The funding brings together leading global investors who are dedicated to sustainability, and to supporting Mosa Meat in its mission. These include Blue Horizon Ventures, Target Global, ArcTern Ventures and Rubio Impact Ventures.
Mitsubishi Corporation, Japan, the global integrated business enterprise that develops...
UNFI Commits to Setting Science-Based Targets to Limit Climate Change Impact
United Natural Foods, Inc., one of the largest wholesale grocery distributors in North America, announced that it will lead the way towards a net-zero economy by setting science-based emissions reduction targets covering its own operations and value chain. UNFI expects its targets will align with the goals of the Paris Agreement, to limit global temperature rise to well-below 2°C above pre-industrial levels and pursue efforts to limit warming to 1.5°C for the best chance of avoiding the worst impacts of climate change. UNFI is the first North American wholesale grocery distributor to commit to such a target.
UNFI’s targets–which are expected to be submitted for approval to the Science-Based Targets initiative (SBTi) within the next year–are a core element of...
Kroger Named to Dow Jones Sustainability Index for Eighth Consecutive Year
Tyson Foods Announces Global Forest Protection Standard
Tyson Foods, Inc. announced a Forest Protection Standard focused on reducing deforestation risk in its global supply chain of four commodities – cattle and beef; soy; palm oil; and pulp, paper and packaging.
Earlier this year, Tyson Foods partnered with Proforest to conduct a deforestation risk assessment. The assessment concluded that nearly 94 percent of the company’s land footprint is at no to low risk of being associated with deforestation. To proactively address the remaining six percent that was found to be...
Perdue Farms Shares Progress on Industry-Leading Animal Care Goals, New Initiatives
Perdue Farms hosted its fifth annual Animal Care Summit, held virtually this year due to the coronavirus pandemic. Since announcing the company’s Commitments to Animal Care in 2016, the summit has been a key part of Perdue’s animal care strategy.
“Now in our company’s 100th year, we are proud to continue making advancements and leading our industry in the standards to which we raise our animals,” said Mark McKay, President of Perdue Poultry and Meat. “Strong animal husbandry and stewardship keep our animals healthier and, importantly, we believe translate to a better product for consumers.”
During the 2020 meeting, Perdue subject-matter experts shared the latest updates on the company’s industry-leading animal welfare goals and initiatives, including...
Sysco Announces 2020 Corporate Social Responsibility Report
Sysco Corporation announced it has published its 2020 Corporate Social Responsibility (CSR) Report, documenting the company’s progress toward its 2025 CSR goals and demonstrating its “Leadership In Extraordinary Times.”
Sysco’s industry-leading CSR strategy sets a clear path for the future and demonstrates the company’s enduring commitment to caring for people, sourcing products responsibly and protecting the planet.
“I am so proud of how Sysco associates have supported our communities – and each other – while also making significant progress toward our CSR goals. They have risen to the challenges that the pandemic has presented and...
Chipotle Launches Real Foodprint, Introduces Sustainability Impact Trackers for Digital Orders
Chipotle announced the debut of Real Foodprint, a sustainability impact tracker that compares average values for each of Chipotle's 53 real ingredients to their conventional counterparts against five key metrics:
Burger King to Pilot Reusable Containers Through Partnership with Loop
Burger King restaurants are continuing efforts to minimize environmental impact across the globe by testing a new reusable packaging model that will help cut down on packaging waste. The brand, as part of its Restaurant Brands for Good framework, has launched a partnership with TerraCycle’s circular packaging service, Loop, to pilot a closed-loop system with zero-waste packaging that can be safely cleaned and refilled to be reused, again and again.
Together with Loop, the trial will offer restaurant guests the option to conveniently reduce waste when ordering their favorite Burger King brand staples like...
Cargill Study Shows Consumer Support of Farmers Grows As a Result of COVID-19 Challenges
A recent Cargill study found a majority of consumers stand ready to rally around farmers in support of their efforts to put food on tables around the globe. Consumer recognition for the challenges and expectations farmers face grew amid the COVID-19 pandemic, as processing and transportation bottlenecks, especially in the protein industry, stretched the global food supply. In the latest Feed4Thought survey, Cargill found nearly one-third of consumers in the U.S., Brazil, Vietnam and Norway have a renewed appreciation for animal agriculture.
“Farmers and ranchers have faced tremendous pressures caused by COVID-19 supply chain disruptions. And those pressures came on top of the multitude of challenges farmers already faced as they worked to feed the world in...
Sysco Testing All-Electric Freightliner Truck
Sysco Corporation announced it is testing an all-electric Freightliner eCascadia from Daimler Trucks North America (DTNA). Sysco’s participation in this initiative is consistent with its Corporate Social Responsibility (CSR) strategy and the Company’s ongoing efforts to reduce its carbon footprint.
This initiative is a part of DTNA’s ongoing work to engage customers in its commercial electric vehicle development process by deploying trucks in real-world applications. Sysco aims to power more of its tractor fleet with alternative fuels, and deployment of electric trucks will play a significant role in achieving that objective.
“We are excited to partner with DTNA on this important work,” said Neil Russell, Sysco’s vice president of corporate affairs. “Collaborating with manufacturers to develop new truck models that can meet...
US Foods Publishes 2019 Corporate Social Responsibility Report
US Foods Holding Corp. has published its 2019 Corporate Social Responsibility report. This is the company’s first expanded CSR report, and it highlights the company’s 2019 progress across its three CSR pillars: people, planet and products.
“At US Foods, our CSR platform is built on our long-standing commitment to operating with the highest levels of integrity and a respect for the greater good,” said US Foods Chairman and CEO, Pietro Satriano. “We are proud of the progress represented in this report and the hard work of our associates who contributed to these efforts. We look forward to continuing to advance...
Urner Barry’s Consulting Division to Launch Egg Market Forecasting Report
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