Corporate leaders have identified a clear need to focus on technology for finding solutions to tackle global challenges and drive growth. Leading CEOs are already embedding sustainability into their businesses through launching new products and services for sustainability (63%), enhancing sustainability data collection across their value chains (55%) and investing in renewable energy sources (49%). Nearly half (49%) are transitioning to circular business models, and 40% are increasing R&D funding for sustainable innovation.

PepsiCo announced a global packaging goal intended to double the percentage of all beverage servings it sells delivered through reusable models from 10% to 20% by 2030. This ambition is part of PepsiCo Positive (pep+), the company's strategic, end-to-end business transformation that puts sustainability and people at the center of how the company will create growth and value.

Extending the shelf life of food and beverage products—and communicating this to consumers—could be one way to reduce food waste. In fact, according to the Innova Packaging Survey 2022, 40% of consumers surveyed globally from 11 countries agree that shelf life has a strong influence on their purchasing decisions.

"Exploding energy costs, crop failures, and supply chain disruption are all forcing companies to future-proof existing business models or bear uncertainty and increased cost implications," says Regan Leggett, foresight leader, NielsenIQ. 

Kazoo Snacks offers sustainable tortilla chips made from upcycled corn germ, resulting in a nutritious, flavorful enzyme-rich tortilla chip, with proven water-savings and 61% more vitamin E than some tortilla chip brands. 

In her new role, O’Loughlin will provide strategic counsel and guidance to help support Simple Mills in scaling the company to the next level, creating opportunity for the brand to have a greater positive impact on its mission to advance the holistic health of the planet and its people.

There’s a well-known phrase about the “gift that keeps on giving.” But here’s an interesting twist with a win—that presents still more winning upcycled ingredient ideas for new product developers.

California Dairies, Inc. (CDI), the largest dairy farmer-owned cooperative in California, announced that it has agreed to acquire DairyAmerica, effective Jan. 1, 2023. 

After honing their skills during stay-at-home mandates, many consumers have ambitions of continuing to cook, but collectively are tired. And people still want restaurant-quality food but without the price tag.

Calyxt has begun the second and final phase of the research collaboration and expects to receive a final milestone payment upon completion.