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Olam International claims 100% traceable cocoa from its directly sourced supply chain By Anthony Myers Olam International, the global food and agri-business with cocoa now under its Olam Food Ingredients (OFI) division, has released its 2020 Annual Report, claiming to have met its target for 100% traceability of its directly sourced cocoa.
Outlining the company’s financial and non-financial performance for the year the report states that Olam has successfully navigated the pandemic to emerge stronger, delivering robust operational financial performance in 2020 with a strong execution of the Group’s Strategic Plan to drive sustainable growth.
Olam also said it has made significant progress on its Re-organisation Plan to ‘unlock and maximise long-term sustainable value via carve-out, IPO and concurrent demerger of Olam Food Ingredients (OFI) and pursue similar strategic options for Olam Global Agri (OGA)�
Impossible Foods hires former Apple creative exec as chief experience officer Steve Turner, the former global executive creative director for Apple s Media Arts Labs (where he worked with Steve Jobs to launch a number of iconic Apple products), has been appointed as chief experience officer at Impossible Foods, where he will report directly to CEO and founder Dr. Pat Brown.
Turner who spent 11 years at Apple helping to launch a number of the company s disruptive technologies including iPod+iTunes, Mac, iPhone, iPad, Apple TV and Apple Music before launching his own strategic consulting firm, Sublime, in 2017 will be tasked with building brand awareness and
Nestlé to help protect and restore forest landscapes in Southeast Asia
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Nestlé to help protect and restore forest landscapes in Southeast Asia
Nestlé today announced its support for the protection and restoration of over 500,000 hectares of tropical forest landscapes in Southeast Asia through the launch of Rimba Collective, the largest private sector forest conservation initiative.
The program was developed by Lestari Capital in collaboration with founding partners including Nestlé, PepsiCo, Procter & Gamble and Wilmar. Lestari Capital is an enterprise that connects markets to conservation – it finances outcomes on the ground through ethical and efficient mechanisms, to support the adaptation of more equitable market systems.
Study highlights ‘troubling’ absence of animal welfare knowledge in aquaculture With traditional fishing methods in decline, aquaculture – the industrial farming of fish, shellfish, and other aquatic species – is on the rise, but with little knowledge of the impact it’s had on animal welfare, says a team of researchers at New York University s Department of Environmental Studies.
Touted as both a solution to food insecurity and the global issue of overfishing, aquaculture is the fastest growing farmed food sector, according to the FAO’s
FAO reported that global fish consumption increased at an annual rate of 3.1% between 1961 and 2017, twice that of the annual world population growth for the same period, and higher than other animal protein foods (meat, dairy, milk, etc.) consumption of which increased by 2.1% over the same period.