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Mettler-Toledo Product Inspection, a global leader in precision instruments and product inspection technology, reaffirms its ongoing commitment to environmental stewardship and a sustainable future by achieving carbon neutral status for the fifth consecutive year.

In 2023, Mettler-Toledo made substantial strides toward its sustainability objectives. Additionally, the company is on track to achieve its goal of sending zero waste to landfill by 2025.

Efforts include accelerating the adoption of electric vehicles, ramping up solar power and district heating capacities, and re-achieving targets for sourcing 100 per cent renewable electricity.

These achievements reinforce the company's commitment to sustainability and contribute to its 2030 science-based targets for emissions reduction.

The global business has also increased efforts related to sustainable product design, supplier engagement, and transparency in its supply chain.

The company's direct supplier engagement programme, initiated in 2022, has been further advanced, aligning with environmental, social and governance (ESG) goals and commitments.

Leveraging risk assessments, the programme targets suppliers where Mettler-Toledo can have the greatest impact, driving progress toward shared sustainability objectives.

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.