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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

Gold Coast brewery, Black Hops, has entered administration for the second time, with an urgent sale campaign underway for the business.

In the final chapter of court action regarding the 2020 collapse of Freedom Foods Group, the Federal Court has found former managing director and CEO, Rory Macleod, breached his duties as a director and officer, and failed to take all reasonable steps to secure the company’s compliance with its financial reporting obligations.

Australia’s food and beverage manufacturing industry is converging on Melbourne this week for foodpro 2026, the country’s leading trade event for processing, packaging and innovation. Held at the Melbourne Convention and Exhibition Centre (MCEC) from 26-29 July, foodpro 2026 will be opened at 10am on Sunday 26 July by Victorian Minister for Industry and Advanced Manufacturing and Minister for Skills and TAFE, Colin Brooks.