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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

First Nations bushfood company, Kakadu Kitchen, and OzHarvest Ventures have joined forces once more to relaunch Conscious Drink, a lightly sparkling wine-alternative, for this summer. First released in 2023, the project received the Gamechanger Award at The Hive Awards 2024 for developing a product that transcended traditional categories while championing a kinder, less wasteful world that empowers Indigenous communities.

The Original Juice Company (OJC) has lodged the prospectus for the merger of OJC with SPC and Nature One Dairy (NOD) with an offer to select existing and potential shareholders in a bid to raise $1-5 million.

Australia's national science agency, CSIRO, has launched the second round of its Australia-Singapore Venture Exchange Program (VEP) – Future Food 2.0. Applications for interested agrifood businesses close 8 December.