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Green Business
Fully Plant-Based: Rewe Opens First 100% Vegan Supermarket in Germany
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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Perfect Day Faces $134M Lawsuit by Manufacturing Partner for Breach of Contract & Unpaid Bills
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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The State of European FoodTech: Funding Declines, More Deals, Alt-Protein Wins & Promising Future
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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US Banks Have Provided $134B in Livestock Funding Since 2016, With Nestlé & ADM Biggest Beneficiaries
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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New Zealand Plant-Based Pioneer Sunfed Meats to Shut Down After Post-Pandemic Pressures
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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THAIFEX-HOREC Asia 2024: Plant-Based Milk Steals the Vegan Show at Thailand Trade Fair
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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Some of the Most Powerful Ad & PR Execs Have Links to Highly Polluting Industries: Report
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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‘Simply Absurd’: 95% of Starbucks Shareholders Vote Against PETA’s Call to Drop Non-Dairy Surcharge
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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How Can Investors Engage the Fossil Fuel Companies ‘Way Off Track’ from Paris Agreement Goals?
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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Rewe to Open First Fully Vegan Supermarket in Germany: Report
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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FoodTech 500: Plant-Based Companies Lead the Way in Forward Fooding’s Annual List of Food Innovators
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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FoodTech World Cup: FoodHack & Givaudan Launch Global Tournament for Industry Disruptors
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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The Pure Veg U-Turn: The Zomato Debacle That Divided the World’s Largest Vegetarian Minority
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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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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