Close×

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

In October 2024, Gold Coast-based food manufacturer, Smart Foods, acquired The Aussie Plant Based Co. just days after it had gone into liquidation. Food & Drink Business caught spoke the CEO, Raghu Reddy, as the company nears its first-year anniversary, about the company and alternative protein landscape.

Bega Group has reached an agreement with Crumpton Group to sell the land, buildings and equipment located at the Peanut Company of Australia’s peanut processing sites in Kingaroy and Tolga, after initially deciding they would be shut down over the next 18 months.

National industry body, Spirits & Cocktails Australia (SCA), has appointed Steven Fanner as executive director. Fanner will be based in Canberra, as the organisation moves its headquarters from Sydney to the capital.