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Australian eco-packaging pioneer Hero Packaging has reached its global crowdfunding goals, with $1.5 million already raised, to be used to scale up its North American operations. 

“We have a strong business community already behind us, and now our customers have joined our mission to reduce single-use plastic packaging globally through our crowdfunding campaign,” said Anaita Sarkar, co-founder of Hero Packaging.

“In just three short years we have helped to eliminate plastic from our shipping process with our home-compostable shipping mailers to 40,000 customers worldwide, and this investment will help scale the business at a rapid pace.”

“We’ve been blown away by the response so far, and we are excited to strengthen the business by growing our passionate North American team, giving us the opportunity to bring the best eco-friendly packaging solutions to new customers, and have an even greater impact.

“The US e-commerce market is an $800 billion dollar sector, and the sustainable packaging market is less mature compared to Australia, providing huge growth opportunities for eco-friendly packaging solutions,” she added.

Food & Drink Business

The Senate Economics Committee has rejected the Food Donations Bill that proposed a tax offset for companies donating excess food to food relief agencies rather than dumping it. While the bill had the potential to deliver the equivalent of 100 million meals to food relief organisations, the committee said it had “serious concerns” including the bill’s “generous” tax concessions. Food relief agencies and social welfare organisations have questioned the committee’s decision to reject the bill outright rather than make recommendations for amendments.  

The winners of the 62nd annual Australian Export Awards were announced in Canberra yesterday, featuring three winners from the food sector – including dessert manufacturer Frosty Boy Global, in the Agribusiness, Food and Beverages category.

Mondelēz International has appointed Toby Smith as President Japan, Australia and New Zealand, with the incumbent, Darren O’Brien, appointed Global Chief Corporate and Government Affairs officer.