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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

FOODiQ Global has completed a 28-year analysis of Australian non-alcoholic drink sales, revealing a strong swing towards water and low- and no-sugar carbonated drinks for consumer choices in the beverage aisle. The study was commissioned by the Australian Beverages Council.

Australian Plant Proteins (APP) has launched Nothing Else, a direct-to-consumer brand offering faba bean and yellow pea protein isolates manufactured entirely at its Horsham, Victoria facility, making it the only vertically integrated plant protein isolate producer in the country with a consumer-facing product line.

Baiada Poultry has completed a national network infrastructure overhaul to strengthen operational resilience and cybersecurity visibility across its vertically integrated supply chain, from breeding farms and feed mills through to processing plants and distribution facilities.