Category

Food Industry

The Government of Canada, provinces and territorial partners invest $8.5 million in Canada’s fish and seafood sector Food Industry

The Government of Canada, provinces and territorial partners invest $8.5 million in Canada’s fish and seafood sector

Today, Minister of Fisheries, Oceans, and the Canadian Coast Guard, the Honourable Bernadette Jordan, together with participating provinces and territories, announced a total investment of $8.5 million for eight not-for-profit fish and seafood industry associations. The non-repayable CFSOF contributions will fund essential market research, consumer research and domestic and international…
bubmag
July 16, 2021
“Oatly will likely never make money in a notoriously fickle and deflationary food industry,’ claims activist short seller; Oatly ‘rejects all these false claims’ Food Industry

“Oatly will likely never make money in a notoriously fickle and deflationary food industry,’ claims activist short seller; Oatly ‘rejects all these false claims’

In the report​​ Spruce alleges that Oatly omitted and manipulated facts in its prospectus​​ and in an investor presentation last month​​ and “will never achieve profitability​." It added: “W​hile investors are enamored with its sales growth in the plant-based food fad, and its commitment to ESG practices, we believe they should be focused on…
bubmag
July 14, 2021
COVID-washing fightback: New Zealand food industry slams ‘weak’ academic accusations Food Industry

COVID-washing fightback: New Zealand food industry slams ‘weak’ academic accusations

The term ‘COVID-washing’ was coined by researchers from the University of Auckland via a research paper published on the subject earlier this year, which accused food and beverage firms of ‘misappropriating the COVID-19 pandemic promote their unhealthy products to vulnerable populations during a time of increased stress and hardship’​ –…
bubmag
July 14, 2021
Tuna joint venture a first for Aboriginal participation in seafood industry Food Industry

Tuna joint venture a first for Aboriginal participation in seafood industry

In a first for Australia's Southern Bluefin tuna industry, traditional owners in the Eyre Peninsula have joined forces with a major fishing company. Key points:Wanna Mar means 'sea food'  in Mirning and Wirangu languages Wanna Mar is a 100 per cent Indigenous-owned commercial fishing venture with Port Lincoln's Stehr GroupFuture profits…
bubmag
July 8, 2021
Food industry unites behind Code of Conduct, but fault lines remain for food system transformation Food Industry

Food industry unites behind Code of Conduct, but fault lines remain for food system transformation

The European Commission held a ‘high level celebratory event’ to mark the launch of the EU Code of Conduct for responsible food business and marketing this morning. “The Code is one of the first deliverables of the Farm to Fork Strategy. It could significantly help the transition towards a sustainable…
bubmag
July 5, 2021