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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

Sixteen months after receivers were appointed over its holding company, the structural obstacle to selling Western Australia’s largest milk processor has been removed. McGrathNicol has launched the formal sale process for Brownes Dairy, with China Mengniu Dairy Company consolidating its holding position so the entire enterprise can be put to market rather than a shareholding above it.

Coles Group has reported FY26 group sales revenue of $45.58 billion, up 2.8 per cent, with EBIT excluding significant items up 9.9 per cent to $2.32 billion and NPAT excluding significant items up 13.7per cent to $1.26 billion.

Inghams has returned to volume growth with reduced dependence on Woolworths but net profit fell 61.5 per cent to $34.6 million as input cost inflation, first half production inefficiencies and a tax provision weighed on FY26 earnings.