Over the past year, a group of top global retailers and food companies have been working with IBM on testing blockchain technology to improve traceability in their supply chains. The companies include Nestlé, Unilever, and Walmart. Now CIO Journal reports on how some of the tests are going.
A new food index analyzed 60 global intensive farming companies on health, environmental, and social issues and categorized 36 of them as “high risk.”
Tyson Foods has launched an effort that the company says invites the public to get involved in "tackling the problem of food waste." The company is selling what it calls "boxes of high quality surplus food" through a direct to consumer offering dubbed flashfoodbox.
A group of investors is predicting that governments around the world will soon start taxing meat products over environmental and health concerns. The Farm Animal Investment Risk and Return (FAIRR) Initiative explores this possibility in a new report to their investor members. Called “The Livestock Levy: Are Regulators Considering Meat ... Read more »
Tyson Foods says sustainability will play a key role in the company's strategy and will be one element that will help the company reach an expected sales growth of about 6% next year. Blockchain technology, which allows the company to track its supply chain each step of the way and pinpoint any unsustainable practices, is already in use.
Archer Daniels Midland, Monster Beverage, Tyson Foods, Kraft Heinz and other major food and beverage companies that are “poor performers on water management issues,” must increase their water risk management and disclosure practices, according to investors. More than 60 leading North American and European institutional investors collectively managing $2.6 trillion ... Read more »
Cargill, McDonald’s, Tyson Foods and Walmart are among the founding members of the US Roundtable for Sustainable Beef, launched yesterday. The USRSB — a group of US beef value chain participants including producers, processors, retailers, foodservice operators, packers, allied industry and non-governmental organizations — will identify sustainability indicators, establish verification ... Read more »
Tyson Foods, currently under investigation by the EPA over the release of toxic chemicals at a plant in Monett, Mo., could lose around $500 million in government contracts if found guilty, The City Wire reports. The company, which says it’s cooperating with the EPA in its investigation, sent Aliment tainted ... Read more »
Chairman John Tyson says Tyson Foods defines sustainability in a way that brings responsibility and accountability into every business activity and process.
Tyson Foods has sent a letter urging its farmers to “implement improved ‘quality and quantity of space’ standards” for pregnant pigs, just weeks prior to facing a shareholder vote on the practice of using gestation crates to confine sows. As a result, Green Century Capital Management, the Humane Society of ... Read more »
Tyson Foods’ shareholders have submitted a resolution asking that the meat giant disclose the financial and operational risks associated with its use of pig gestation crates. The Humane Society of the United States, investment firm Green Century Capital Management and the United Methodist Church Benefit Board jointly filed the proposal. ... Read more »
Tyson Foods’ total water usage fell 4.7 percent while its normalized water usage increased 1 percent from 2011 to 2012, according to the company’s latest sustainability report. In 2011, the company used 25.57 billion gallons of water and 1 gallon of water per pound of finished product. In 2012, it ... Read more »