Arla Foods has announced plans to invest €527 million (US$655 million) this year, as the company continues to deliver on its 2020 growth ambition. The decision to increase the investments of the company was approved during a meeting in London earlier this week by Arla Foods’ board of directors. The dairy cooperative will invest in […]
Etiqueta: invest
Danone, Firmenich invest in carbon impact fund
Danone and Firmenich, alongside six other partners, are investing in a second Livelihoods Carbon Fund that aims to raise €100m by the end of 2018 to accelerate their actions on climate change. The Fund will officially be launched in Paris next week (11 December) ahead of the International Climate Summit. A spokesperson for Danone revealed […]
Small food companies ponder response to new GMO labeling law
A new law that requires food makers to label the packaging of any products that contain genetically modified ingredients has small and midsized manufacturers facing some big decisions. Should they try to provide the information on the label itself or invest in the technology to add scannable codes? Should they change their ingredients to steer […]