• APCO CEO Chris Foley joins PKN Publisher Lindy Hughson.
    APCO CEO Chris Foley joins PKN Publisher Lindy Hughson.
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PKN talks... National Packaging Targets 2025 in review, and next steps for the packaging industry with APCO CEO Chris Foley.

The Australian Packaging Covenant Organisation (APCO) has released its review of the 2025 National Packaging Targets, in which it calls for a stronger co-regulatory model that will strike a balance between industry-led action and effective government regulation.

In this episode, PKN managing editor & publisher Lindy Hughson sits down with APCO CEO Chris Foley, to talk through the key findings of the review and to hear about APCO's vision for the way forward.

In the face of the disappointing reality delivered by the headline data that the targets are not on track to be met by December 2025, Foley dissects some of the data in depth and explains that the biggest challenge lies with the target of recycling or composting 70 per cent of plastic packaging.

The discussion gives us a comprehensive evaluation of current packaging solutions for flexible and rigid plastic packaging and whether we can meet our capacity to recycle them.

We discuss the APCO Review's key findings and suggestions, with a focus on what can be achieved by the 2025 deadline, and also looking beyond 2025. Foley talks on resetting the co-regulatory and collaborative frameworks between government and industry, and interventions to regulate packaging materials to promote circularity.

Read more on PKN here

 Download the APCO report here

Food & Drink Business

Australia’s native food industry has received a boost – with Indigenous-owned Cooee Foods Australia acquiring native ingredients suppliers, Creative Native Foods – placing it under First Nations ownership for the first time in its 25 years.

The Top 10 remained a stable list this year, with five companies holding their position – Fonterra (#1), JBS (#2), Coca-Cola Europacific Partners (#3), Asahi (#4), and Thomas Foods International (#7). The biggest change was Treasury Wine Estates dropping out of the list, from #10 to #13.

Food & Drink Business and IBISWorld present this year’s Top 100 companies, a ranking of Australia’s largest food and drink companies by revenue. This year reflects a sector positioning itself for immediate term viability and long-term competitiveness.