• The new commitment will see BioPak donating one per cent of its profits to protect vulnerable lowland rainforest.
    The new commitment will see BioPak donating one per cent of its profits to protect vulnerable lowland rainforest.
Close×

Sustainable packaging supplier BioPak has partnered with environmental charity Rainforest Rescue in a bid to protect rainforests currently under threat.

The new commitment will see BioPak donating one per cent of its profits to protect vulnerable lowland rainforest positioned between the Wet Tropics of Queensland and Great Barrier Reef UNESCO World Heritage Areas.

This internationally important rainforest is under threat from land clearance, introduction of non-native invasive species, and inappropriate development.

BioPak founder Richard Fine said businesses have a responsibility towards the environment.

“We can't keep endlessly extracting resources without consequence,” he said.

“Air, water, biodiversity and renewable resources are the building blocks of a successful business.

"This is why we seek out opportunities to contribute towards the restoration and protection of areas that have been damaged or polluted due to careless human activity. Partnering with Rainforest Rescue has enabled us to achieve this.”

Food & Drink Business

Bega Group will spend about $110 million on manufacturing capacity in FY27, targeting yoghurt, cream cheese and milk-based beverages, while almost a third of proxy votes went against its remuneration report.

Treasury Wine Estates has confirmed about $50 million in proceeds from the sale of Seppelt, Rosemount and vineyards, and reiterated F27 guidance, at its first AGM under CEO Sam Fischer.

The nearly 70 million consumers in the UK are an enticing market for Australian companies, with a free trade agreement and goodwill adding to the appeal. But Paul Beare says regulations, VAT, banking and employment laws can catch some off guard. In this Q&A, Beare discusses what Australian food and beverage companies need to consider to ensure success in the UK market.