Danone, Mars, Ingredion join Givaudan’s new food innovation platform

SWITZERLAND – Global flavors and fragrances leader, Givaudan has launched MISTA, a new innovation platform for the food industry and has received backing from Danone, Mars Inc and Ingredion as its founding members. MISTA is an accelerator and incubator programme that enables start-ups and established corporations to optimise ideas, products, people and investments in the…

Danone Manifesto Ventures backs UK Ayem to launch Breakfast Protein Pots

UK – Danone Manifesto Venture, the New York-based venture arm of Danone is supporting a UK brand of vegetarian, low-fat almond blend, Ayem to launch a new range of Breakfast Protein to offer healthy proteinaceous breakfast meals. According to FoodBev, the new range aims to fill the morning protein gap as it provides a healthy…

Unilever, Danone, Coca-Cola call for net zero emissions in the UK by 2050

UK – Major global businesses among them Coca-Cola European Partners, Danone and Unilever have called on the UK’s Prime Minister (PM) Theresa May to aim for net zero emissions in the UK by 2050. In a written letter to the prime minister, the companies cites the economic benefits of an early transition and the risks…

Food and beverage majors sign global pact to eradicate plastic waste and pollution

WORLD – Major food and beverage companies, packaging manufacturers, governments and non-governmental organisations (NGOs) are among 250 organisations that have signed a marker pact to eradicate plastic waste and pollution. The New Plastics Economy Global Commitment led by UN Environment and the Ellen MacArthur Foundation, aims to eliminate plastic waste at the source in an…

Danone reaffirms objective to superior sustainable profitable growth

FRANCE - Danone, a French multinational food-products corporation, has reaffirmed its objectives to drive sustainable growth and create a sustainable shareholder value, following the company’s 2020 and 2030 strategic goals. According to the company, it activates high quality drivers to achieve its ambition, while building on a balanced business model, which includes leveraging unique leadership…

Danone reports 3.1% sales growth of US$7112m in nine-month sales report

FRANCE – Danone, a French multinational food-products corporation, has reported a 3.1% consolidated sales growth in first-nine months, with sales of US$7112 million. According to the company, for the three months ending September 30, 2018, consolidated sales stood at US$7.13 billion, up 1.4% on a like-for-like basis, with a 3.3% rise in value more than…

Danone to use Nutri-Score labels on fresh dairy products in Belgium

BELGIUM – Danone, a French multinational food-products corporation, has announced the use of Nutri-Score labels on fresh dairy products in Blegium, as 46% of Belgian consumers have health as their top 1 or top 2 motivator for purchasing food and drinks. According to the company, the Nutri-Score will allow them to identify more easily the…

Danone, Hain Celestial and other plant-based food companies form a plant-based organisation

CANADA - Danone, Hain Celestial and other plant-based food companies operating in Canada have formed the Plant-Based Foods of Canada (PBFA) lobbying organisation to advance the interests of the plant-based foods sector in the country. According to Danone, PFBA will work with governments to raise awareness of the emerging issues shaping this sector, in order…

Danone becomes first corporate venture fund to receive B Corporation Certification

USA - Danone Manifesto Ventures, the New York-based venture arm of Danone, has announced that it has become the first corporate venture fund to achieve B Corporation Certification independently. This prestigious designation follows a rigorous certification process by B Lab, a third-party non-profit, and recognizes companies that are committed to conduct business with the highest…

Danone reports 4% sales growth in first-half results despite Moroccan boycott

FRANCE – Danone, a French multinational food-products corporation, has reported 4% increase in sales growth in its first-half year results despite Morocco being excluded. According to the company, the double-digit recurring EPS growth at constant exchange rate was up by 13.4% excluding Yakult transaction impact, with 4% increase in H1, 3.3% in Q2 on a…