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Amcor has been included in the S&P Global Sustainability Yearbook 2024, placing the global leader in packaging solutions among the top eight per cent of S&P-assessed companies in 2023.

The S&P Global Sustainability Yearbook is an annual publication that honours companies demonstrating exceptional leadership and performance in environmental, social and governance (ESG) measures in each industry.

This year, S&P Global recognised 759 companies in the Yearbook, out of the 9400 assessed using its Corporate Sustainability Assessment Score methodology.

In the containers and packaging sector, Amcor has made tangible progress in areas crucial to environmental sustainability.

Amcor’s commitment to developing all its packaging solutions to be recycled, compostable or reusable by 2025, and achieving net-zero emissions by 2050 places it among the leaders of the packaging industry.

“We are honoured to be again recognised in the S&P Global Sustainability Yearbook,” said David Clark, vice-president of sustainability at Amcor.

“Our inclusion underscores the value of our teams’ dedicated efforts across the globe. This recognition shows our resolve to continue leading the way in more sustainable packaging solutions.”

The full list of the 2024 S&P Global Sustainability Yearbook is available here.

Food & Drink Business

A national network for young grape and wine professionals has been launched, set to foster the next generation of winemakers, viticulturists, cellar door staff, wine judges and other roles in Australia’s wine sector.

A new bill was introduced to Parliament on 19 November, which offers a framework for regulating the sale or importation of organic goods in Australia, and stronger opportunities for exporting organic products.

The Senate Economics Committee has rejected the Food Donations Bill that proposed a tax offset for companies donating excess food to food relief agencies rather than dumping it. While the bill had the potential to deliver the equivalent of 100 million meals to food relief organisations, the committee said it had “serious concerns” including the bill’s “generous” tax concessions. Food relief agencies and social welfare organisations have questioned the committee’s decision to reject the bill outright rather than make recommendations for amendments.