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Amcor has released its first Task Force on Climate-Related Financial Disclosure (TCFD) report, which includes the results of Amcor’s climate scenario analysis exercise, along with information about the company’s climate governance structure, risk management approach and performance metrics.

As a leader in sustainability, Amcor says the report marks another milestone for the organisation, ensuring continued transparency of its climate-related business risks, as well as providing a roadmap on how to best integrate climate risk management opportunities within its operational strategy. 

“The report represents the latest example of how Amcor has integrated climate-related considerations into its growth strategy and risk management framework,” said Michael Casamento, chief financial officer at Amcor. 

“Adding TCFD standards to our sustainability-related reporting that already adheres to the Global Reporting Initiative (GRI), as well as leading the packaging industry by reporting against SASB standards, helps us continue to lead with transparent, forward-thinking environmental stewardship.”

More detailed information about Amcor’s sustainability performance and strategy will be available in its 2022 Sustainability Report, which will be issued in mid-November.

Amcor will also be announcing its first quarter results after the US market closes on Tuesday 1 November 2022.

To read the full TCFD report, click here.

Food & Drink Business

Mars Australia & New Zealand has appointed Karim Lokhandwala as its new chief customer officer of Petcare, commencing 1 June. The news comes as applications open for the company’s Next Generation Pet Food Program with Big Idea Ventures – now in its third year.

Simson's Pantry received the Best NPD Award for its High Protein Souvlaki, which delivers 10g of protein per serve while still maintaining the texture, flexibility and versatility consumers expect. By combining functional nutrition with everyday usability, the company has successfully introduced a new point of differentiation within the Australian flatbread category.

Freshwater Bev Tech has received this year's Gamechanger Award for its patent-pending unpasteurised production process, developed specifically to preserve bio-active compounds in the company's functional beverage brand, SUMMi Soda.