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Mettler-Toledo Product Inspection, a global leader in precision instruments and product inspection technology, reaffirms its ongoing commitment to environmental stewardship and a sustainable future by achieving carbon neutral status for the fifth consecutive year.

In 2023, Mettler-Toledo made substantial strides toward its sustainability objectives. Additionally, the company is on track to achieve its goal of sending zero waste to landfill by 2025.

Efforts include accelerating the adoption of electric vehicles, ramping up solar power and district heating capacities, and re-achieving targets for sourcing 100 per cent renewable electricity.

These achievements reinforce the company's commitment to sustainability and contribute to its 2030 science-based targets for emissions reduction.

The global business has also increased efforts related to sustainable product design, supplier engagement, and transparency in its supply chain.

The company's direct supplier engagement programme, initiated in 2022, has been further advanced, aligning with environmental, social and governance (ESG) goals and commitments.

Leveraging risk assessments, the programme targets suppliers where Mettler-Toledo can have the greatest impact, driving progress toward shared sustainability objectives.

Food & Drink Business

Indonesia’s sovereign wealth fund will take a 25 per cent stake in JBS’s Australian and New Zealand operations, with Danantara Investment Management paying $3.5 billion (US$2.5 billion) in equity under a joint venture that gives the world’s largest protein producer up to US$5 billion to fund regional expansion.

Robotic Automation has been acquired by Varley Group, in a move both companies say will strengthen their ability to invest in automation and support Australian manufacturing.

Inghams Group Limited has significantly expanded its Victorian poultry breeding operations by partnering with ProTen, Australia’s largest corporate meat chicken grower.