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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

Western Australian producer, Brownes Dairy, has been put up for sale according to the Australian Financial Review (AFR), as one of its biggest lenders, China Mengniu Dairy, calls in its $200 million loan. A reduced demand for milk in China and the current positioning of the global market could be driving the decision.

The Central Coast is about to receive a boost to its local food and beverage manufacturing industry, with construction starting on the $17.14 million Food Manufacturing Innovation Hub, funded by the federal government’s National Reconstruction Fund (NFR).

The Australian Industry Group (Ai Group) says Australia is at a “critical crossroads” when it comes to R&D and decades of rhetoric have not delivered material change.