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Twenty-twenty was an eventful year to say the least. As the tumultuous year comes to a close, the world is still reeling from the deadly Covid-19 pandemic, which has impacted every aspect of life and business.

But there was more to this year than disease and strife. Big deals were done, innovations launched, and progress towards sustainability was made.

To read the roundup of the most important stories of the year, published in PKN's Nov-Dec 2020 issue, click here.

Food & Drink Business

Treasury Wine Estates has cut its operational emissions by 65 per cent since 2021, but its 2026 sustainability report shows the shift to smaller-batch luxury wine is eroding efficiency, and its $100 million climate adaptation target is now under review.

Coca-Cola Europacific Partners Australia MD, Orlando Rodriguez, is stepping down in early 2027. Miles Karemacher has been appointed as his replacement and will start in the role on 18 January 2027.

Coles is helping Australians make more of Christmas, unveiling its biggest Own Brand Christmas range yet – with festive favourites, premium centrepieces and clever shortcuts included.