The team aims for a 75 percent reduction in scope three emissions and a final 25 percent carbon removal by 2030.
PepsiCo's new Green Bond Framework outlines the categories where funding can be directed, each aligning with the UN Sustainable Development Goals.
Wildtype's technology can significantly reduce carbon dioxide emissions from fishing, fish farming, and transportation, as well as protect the threatened marine ecosystem.
The investment would let SK Inc., the holding company of SK Group, and SK Innovation Co., South Korea’s leading refiner, jointly develop next-generation SMR technologies.
Kakao Corp. cancels the sale of its stake in Kakao Mobility after a month-long protest of the union workers.
The court found that Pfizer's Direct Copay Assistance Program broke the law by "knowingly or willingly" offering financial support to encourage the purchase of federally reimbursable drugs.
Nexstar Media will purchase a 75% stake in CW Network from Warner Bros Discovery and Paramount Global.
Mondelēz packages will now state the 34 percent wheat flour for its Premium Saltines, and 44 percent for Ritz.
Samsung Biologics and Samsung C&T formed Life Sciences Fund and invested in Senda Biosciences for the development of next-generation biopharmaceuticals.
Plastic pollution lawsuit against Coca-Cola, PepsiCo, Nestlé to proceed in California
A state judge has ruled that a lawsuit against major food and beverage companies like Coca-Cola, PepsiCo, and Nestlé over the plastic pollution of California’s coastline can move forward.
The lawsuit was brought in early 2020 by Earth Island Institute, an environmental nonprofit, charging Coca-Cola, PepsiCo, Nestlé, and seven other consumer goods companies of polluting California waterways with plastic trash and falsely claiming that their packaging is recyclable.
The defendants had requested that the trial be moved to federal court or the courts in their respective jurisdictions. San Mateo County Superior Court Judge V. Raymond Swope ruled that the state has jurisdiction and that the lawsuit can proceed.
According to Sumona Majumdar, Earth Island Institute's general counsel, last week's ruling correctly finds that companies marketing, selling, and profiting from products packaged in plastic in California can also be sued in California for the harm caused by their plastic packaging.
Corporations like Coca-Cola and PepsiCo, she continued, cannot be allowed to hide behind their out-of-state status to avoid accountability for their role in California's plastic pollution crisis.