Anheuser-Busch has taken a 20 percent equity stake in the environmentally conscious maker of Icelandic Glacial spring water and plans to sell the water nationwide in 2008, Reuters reports. The brand is already sold in some outlets of Target, Whole Foods, and Wild Oats Markets.
Icelandic Glacial’s selling point is that the company is certified as “carbon neutral” by The CarbonNeutral Company, according to the article.
The move comes at a time when when the bottled water industry is coming under pressure from critics who say it depletes natural water sources, adds plastic to landfills and uses too much energy by producing and shipping bottles across the world. Check out this recent Fast Company article on the industry.
Retailers, Developers and Eco-Business Leaders...learn about green retail trends, consumer buying habits and sustainable business practices. Register NOW to Attend!
The 2008 Green Leaders Survey collects sustainability program insights from business and civic leaders. Learn from peers what works and what doesn't. Take survey>>
Recycling rates in the U.S. are low and getting lower. The U.S., by far the world's biggest consumer of aluminum ... continue »
Nearly three-quarters (73 percent) of financial institution executives say they plan to build new or undergo a major remodel of an existing ...
click to view full size chart »
This promotional video features restaurateurs discussing sustainable solutions and Conserve, the environmental initiative of the National Restaurant Association....
Join the Discussion