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Amcor has released its first Task Force on Climate-Related Financial Disclosure (TCFD) report, which includes the results of Amcor’s climate scenario analysis exercise, along with information about the company’s climate governance structure, risk management approach and performance metrics.

As a leader in sustainability, Amcor says the report marks another milestone for the organisation, ensuring continued transparency of its climate-related business risks, as well as providing a roadmap on how to best integrate climate risk management opportunities within its operational strategy. 

“The report represents the latest example of how Amcor has integrated climate-related considerations into its growth strategy and risk management framework,” said Michael Casamento, chief financial officer at Amcor. 

“Adding TCFD standards to our sustainability-related reporting that already adheres to the Global Reporting Initiative (GRI), as well as leading the packaging industry by reporting against SASB standards, helps us continue to lead with transparent, forward-thinking environmental stewardship.”

More detailed information about Amcor’s sustainability performance and strategy will be available in its 2022 Sustainability Report, which will be issued in mid-November.

Amcor will also be announcing its first quarter results after the US market closes on Tuesday 1 November 2022.

To read the full TCFD report, click here.

Food & Drink Business

Bega Group will shut its cheese processing and packaging plant in Strathmerton, Victoria, to consolidate operations at its Ridge Street factory in Bega. The decision impacts around 300 employees in Strathmerton and will create 100 jobs in Bega.

The Australian Food and Grocery Council (AFGC) chief operating officer, Colm Maguire, has been appointed CEO after acting in the role since mid-January when Tanya Barden stepped down.

The winners of the 2025 Hive Awards have been recognised and celebrated as some of Australia's most innovative food and beverage manufacturers over the past year. The awards were presented on Thursday 8 May during a long lunch at Linseed House, Sydney, to a room of over 150 industry leaders abuzz with excitement.