5 Good News Stories To Start Your Week
As another week kicks-off we wanted to share some more positive, sustainable, news stories from across the globe. Ones which, hopefully will give you an extra boost to start your week. We hope you enjoy and these bring a little smile to your day, they certainly did for us.
ExxonMobil delisted from the Dow Jones IA
ExxonMobil has been kicked out of the Dow Jones Industrial Average index and replaced by Salesforce, a technology company that sells software that allows large companies to track sales and other information, according to CBS News . The move came after Apple announced a 4 for 1 stock split that takes effect on August 31. In a statement reported by Market Watch , S&P Dow Jones said the Apple split would reduce the weight of technology stocks in its index of 30 stocks. From a sustainable point of view, this is great news as it evidences again the transition away from fossil fuels.
(Full story via Cleantechnica)
Industry Giants Move to Close Loop
Starbucks, sent out an update saying its “strawless lids” are now “the standard for iced beverages” at stores in the U.S. and Canada. The lids use roughly 9 percent less plastic than the normal lid-and-straw combo. The rollout of these lids applies to company-owned and licensed Starbucks stores, and is expected to be completed by the end of the month. Straws will still be available upon request.
Furthermore, McDonald's announced a partnership with zero-waste platform Loop to create a reusable cup program at McDonald’s locations in the UK. Users can opt for a reusable cup, for which they leave a small deposit that’s retrieved when they return the cup. Loop collects the empties, washes and sanitises them, and puts them back into circulation.
(Full story here)
Innovative Food Investment up in H1 2020
Investment into Innovative Food — an AgFunder-defined category which includes startups working on cultured meat, plant-based and fermented proteins, and novel ingredients — has been bolstered by Covid-19’s impact on food supply chains, as well as the animal meat industry more specifically. A couple of factors likely explain the surge into alt-proteins and other innovative foods. Prior to Covid-19, consumer interest in such products had already been on the rise; the disruption to food supplies brought on by the pandemic — and its apparent origin in the animal meat chain — seems to have had a compounding effect
(Full story available here)
Finnish AirProtein Firm Secures €15m Investment
Solar Foods, an air-protein company based out of Finland, announced this week it has closed out its Series A round with €15 million (~$17.8 million USD) in new financing. The investment was led by Fazar Group with participation from Bridford Investments Limited, Agronomics Limited, Lifeline Ventures, and CPT Capital. It brings the entire Series A round to €18.5 million, and Solar Foods’ total funding to $24.9 million (USD). The company says this new funding round will enable it to move forward with the commercialisation of Solein, its edible protein made from air and electricity. Also known in the food tech vernacular as “air protein,” this approach involves capturing carbon dioxide from the air and combining it with bacteria to form single-celled proteins.
World Clean-up Day 2020
This world-changing idea began in Estonia, in 2008. 50,000 people united to clean up the entire country in just five hours. On that day, a global bottom-up civic movement was born and spread like wildfire around the globe. This captured the imaginations of people worldwide, who were inspired to follow suit with the same ambitious ‘one country, one-day’ formula. 12 years later, the simple idea has grown into a global movement with millions of volunteers and charismatic leaders. The simple act of cleaning has become a force that binds together people and groups that would otherwise never dream of working towards the same goal. Civil society, governments and global corporations, women in Saudi Arabia, people defying war in Yemen and Syria, Muslims, Jews, Hindus and Christians, men and women, children.
If you want to take part in World Clean-up day please visit their website here
Have a fantastic week.