Green Business

The USDA has updated its labelling guidelines to ensure that claims like 'climate-friendly' and 'humanely-raised' on meat labels are backed up with evidence. In newly updated guidelines, the US Department of Agriculture (USDA) is eyeing…
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Israeli molecular farming player PoLoPo will now supply patatin after its egg protein clients expressed demand for the native potato protein. PoLoPo, the Israel-based startup turning potatoes into protein factories, is now supplying…
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Swedish mycoprotein startup Mycorena has been acquired by Naplasol, a fellow biomass fermentation player, just over a month after it filed for bankruptcy. Naplasol, a biomass fermentation subsidiary of Belgian animal protein producer…
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India's Zydus Lifesciences has agreed to take a 50% stake fermented protein manufacturer Sterling Biotech from Perfect Day, with an animal-free dairy facility in the works. Californian precision fermentation startup Perfect Day has…
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New Zealand plant-based meat company Sustainable Foods, which makes the Plan*t line of hemp-based meats, has gone into voluntary administration. Sustainable Foods, the parent company of vegan meat analogue brand Plan*t, has entered…
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Mars Petcare and Big Idea Ventures are spearheading a new programme for startups developing novel proteins and fats to develop sustainable pet food innovations. As the planetary impacts of pet food become apparent to more and more…
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Finnish gas protein startup Solar Foods is planning to go public with a technical listing on the Nasdaq First North Growth Market in Helsinki. Solar Foods, which makes Solein protein by feeding microbes on gases, has announced its…
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British tofu brand The Tofoo Co has been taken over by private equity firm Comitis Capital after sustained growth in a faltering meat-free market. The Tofoo Co has been acquired by German private equity firm Comitis Capital, which has…
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Catalonia is home to a 'booming' alternative protein industry, says a government report as Spain's autonomous region looks to become a European hub for future food. As Spain's alternative protein sector expands, Catalonia is hoping to…
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Public agencies from India and Australia have opened applications for the Climate Smart Agritech cohort of their joint RISE accelerator programme, offering up to $50,000 for eligible startups. The governments of India and Australia have…
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Oat Milk Goodness, the Australian plant-based milk startup co-founded by cricketer Steve Smith, is to be acquired by Forbidden Foods. It now eyes an Indian expansion. Australian cricket may be on a break, but one of its greatest batters…
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In its efforts to reduce food waste, Walmart has teamed up with organics recycler Denali to bring repackaging technology to over 1,400 stores. As it moves towards its global zero-waste goal, America's largest retailer has introduced a…
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A third of all renewable energy carbon credit projects have failed to meet the 'high-integrity' standards required to use the Core Carbon Principles label. Major worries are emitting from the carbon offsets sector, after an industry…
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The world's leading judge of corporate climate goals has described carbon credits as largely "ineffective" in a key study, although it leaves the door open for limited use. The pushback against carbon credits as a viable net-zero…
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Amid a wider decline in plant-based meat sales, Beyond Meat's new pricier lineup has delivered better profit margins in Q2 and an improved sales forecast for the rest of 2024. Despite a ninth consecutive quarter of year-on-year revenue…
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Within the first six months of 2024, European precision and biomass fermentation startups attracted more investment than they did in all of 2023. Between regulatory wins, market breakthroughs, and dominant investment rounds, 2024 has…
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Seaweed-based meat startup Akua is shutting shop after seven years in operation, citing logistical challenges and the overall decline of plant-based meat. Akua, the New York-based maker of the Kelp Burger, is ceasing operations, in what…
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Melting ice caps have made the Earth thicker, slowed its rotation and lengthened its days, impacting financial transactions, GPS and cellphone networks. The mass melting of polar ice caps is changing the shape of the Earth, causing each…
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Retail sales of plant-based meat products in the US have continued to slow, dropping by 19% from last year – but industry experts have remained positive over this period. Americans spent 18.6% less on chilled plant-based meat in…
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A report card of the top 25 food and beverage chains in the US ranks them on their progress towards plant-based menus – the results are dire. McDonald's generated a lot of headlines last month after its US president said the McPlant had…
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Swedish mycoprotein startup Mycorena has filed for bankruptcy following fundraising difficulties, but a consortium of its investors is aiming to reinstate the company, says its founder and CEO Ramkumar Nair. On Saturday, Mycorena…
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