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After his keynote presentation at the Print21+PKN LIVE New Frontiers in Packaging Print forum, we spoke to Mikey Hart from Hulsbosch about the paradigm shift around sustainability.

In his presentation, focused on how brands are shaping a sustainable future, Hart defined sustainability as living within the resources of our planet without damaging our environment now or in the future.

“Brands have a vital role and an enormous influence to ensure a sustainable future,” he said.

He covered examples of companies making positive strides in the profit in purpose space, noting that “every day, consumer brands are doing well by doing good".

He cited the example of Unilever, whose sustainable living brands are growing 69% faster than rest of its business.

“Brands that talk the talk aren’t enough any more,” he said. "It's vital for brands to act and demonstrate commitment to making a difference."

"Over 90% of millennials will switch brands to one that has a cause," he said.

Look out for our full coverage of Mikey Hart's presentation in the next print issue of PKN Packaging News.

 

Food & Drink Business

The New South Wales government has established its $25 million Agriculture Industries Innovation and Growth Program to increase uptake of innovative technology and equipment in the local agriculture sector. Applications close 23 January.

The Western Australian government has announced recipients for round seven of its Agrifood and Beverage Voucher Program, offering a share of $680,000 in funding to small-to-medium food and beverage companies.

Treasury Wine Estates has flagged softer near-term earnings as category conditions weaken across key markets, while outlining a broad reset of inventory, capital structure and operating costs under newly appointed CEO, Sam Fischer.