Close×

The Department of Climate Change, Energy, the Environment and Water (DCCEEW) has released the National Framework for Recycled Content Traceability, which aims to transition to country to a circular economy by driving the reuse of recovered plastics, glass and other materials into new products.

The primary objective of the National Framework is to enhance the level of trust in recycled materials by providing guidance to businesses on how to collect and effectively share pertinent information regarding recycled materials.

The Framework utilises the GS1 Traceability standard to provide companies with a structure for tracking and tracing product as they move from origin to destination, which is a critical requirement in managing recycled materials.

“We welcome the delivery of this important framework. It will provide guidance to industry on how to manage recycled content,” said Maria Palazzolo, executive director and CEO of GS1 Australia.

“We are particularly pleased that government has reference the use of GS1 standards to solve some of the problems identified. Invoking standards that are already in use by more than 22,000 Australian businesses will make the task of implementing the framework considerably easier.”

GS1 concludes by saying the launch of the National Framework for Recycled Content Traceability is a testament to the Australian government’s commitment to sustainability, and is expected to contribute substantially to strengthening the nation’s recycling sector.

Food & Drink Business

Cobram Estate Olives (CBO) has formally claimed a purchase price adjustment of up to US$31.9 million on its California Olive Ranch (COR) acquisition and expects to pay no earn-out on the deal, as the Australian producer works through the completion of its largest ever transaction.

Maggie Beer Holdings (MBH) has pushed back the expected timing of its proposed $10 million sale of Hampers and Gifts Australia (HGA), with completion now targeted for February 2027 rather than a binding agreement signed by the end of this month.

RMIT University and End Food Waste Australia have launched the new Food and Beverage SME Packaging and Machinery Solution Centre, to help Australian food and beverage SMEs navigate the complex transition to more sustainable packaging and processing technologies, while protecting product quality and minimising food waste.