Primary Sector

Food giants ready to pay for sustainable products - Synlait

Gavin Evans
Wed, 09 Dec 2020

Gavin Evans
Wed, 09 Dec 2020
New Zealand dairy producers and food processors have a great opportunity to benefit from recent emission-reduction pledges by global brands, Synlait Milk said.Many major food makers including the likes of Nestle – the world’s largest - have made pledges this year to cut greenhouse gas emissions.Nestle, which in September announced a plan to halve its emissions by 2030 and to be net-zero by 2050, said earlier this month it would invest US$3.6 billion in the next five years to repower many of its plants.Hamish Reid, Synlait’s di...

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