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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

Wide Open Agriculture (WOA) has secured a $1.2 million tax rebate under the federal R&D Tax Incentive Scheme for FY24. The ASX-listed ingredient company says it reflects the large amount of R&D it has undertaken in developing its proprietary lupin protein isolates ready for market.

Forbidden Foods group revenues for the March quarter were up due to solid growth in physical store and online channels. The company reported a 171 per cent increase in net sales on the prior corresponding period (pcp), from $406,000 to $1.1 million.  

Tasmania-based biotechnology company, Sea Forest, has marked the next step in its journey to reduce harmful methane emissions – partnering with Australian restaurant group, Three Blue Ducks, to serve the world’s first low-emissions steak, Sea Fed Beef.