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...Mondelez said: “We are co-operating with the investigation and engaging with the European Commission in an effort to reach a proportionate resolution to this matter....
...Consumers purchased fewer of Pepsi’s beverages and snacks in 2023, with volumes declining 1 per cent and 2 per cent, respectively....
Consumers pay the price of conflicting regulations in the sector
...Pepsi shares are already down 15 per cent for the year....
...Shares in other food and beverage companies — including Pepsi, Coca-Cola, Mondelez International and McDonald’s — are down about half that over the same period. Valuations have slimmed down too....
...At a Fortune event earlier this week, Pepsi chief executive Ramon Laguarta touted the company’s commitment to reducing plastic waste....
...Arla has a goal to reduce CO₂ emissions from farms by 30 per cent per kilo of milk by 2030, says Paul Savage, agriculture director for the co-operative’s UK branch....
...Letter in response to this article: Sweetener controversy puts beverage industry on notice / From Jack Scott, Co-Founder, Dash Water, London W1, UK...
...This month, Coca-Cola and PepsiCo came under scrutiny when the sweetener aspartame, commonly found in low-calorie carbonated beverages like Diet Coke and Diet Pepsi, was classified as “possibly carcinogenic...
...Among big cap US stocks yesterday, some of the largest losers were snack and sweet drinks giants such as Mondelez, Coca-Cola, Pepsi and Kraft-Heinz....
...According to OryLab Inc, which runs the café, the goal is to use technology to achieve a new form of social participation....
...The film climaxes when Jenner moves toward a line of policemen and offers one a can of Pepsi. Most criticism pointed to the thoughtless co-opting of the BLM movement....
...He ran Merrill Lynch’s retail broking business for a while, and before that worked as a strategy consultant at McKinsey & Co....
...Letter in response to this article: Meat alternatives not only sector starved of funding / From Andy Shovel, Co-Chief Executive and Co-founder, THIS, London W6, UK...
...A version of this article was first published by Nikkei Asia. ©2023 Nikkei Inc. All rights reserved....
...They later bought and lucratively sold the Snapple beverage business. Together with his son-in-law Ed Garden, Peltz founded Trian in 2005....
Dominance by a handful of companies over the flows of grain and other commodities deserves much more scrutiny
...In February 2021, Whole Foods’ former co-chief executive Walter Robb described consumers’ gradual shift from meat to plant-based alternatives as a “megatrend akin to digitisation” — potentially “the biggest...
...Allen said that securing CO₂ supplies was of key strategic importance....
...I’d like to see an acknowledgment of the problem and action to regulate the CO₂ market, or at least consider price capping.”...
...Coke said it was “suspending its business” in Russia shortly before Pepsi, the beverages and snacks group, announced it would suspend the production and sale of drinks brands including Pepsi while maintaining...
...The co-founders of Ben & Jerry’s have accused parent company Unilever of usurping its independent board as the ice cream brand fights a court case in the US over sales in occupied Palestinian territories...
...The New York-based consumer goods group announced in March that it would suspend sales of brands including Pepsi and 7Up in Russia, while maintaining that it had a humanitarian responsibility to continue...
...By 2015, Ben & Jerry’s had decided to donate its licensing fees from Israel to organisations supporting Palestinians, says Furman, and began sourcing almonds from a Palestinian farmer co-operative, but held...
...accessible, passionate and effective recruiter of other CEOs to the Consumer Goods Forum, says Didier Bergeret, director of sustainability at the industry group, whose “forest positive” coalition the Mars chief co-sponsors...
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