Environmental advocacy group Greenpeace has suspended its campaign against palm oil supplier IOI Group after the Malaysian firm announced a commitment to address deforestation and exploitation in its supply chain.
With all the recent gyrations going on in the confectionery industry, I thought it might be wise to get some outside perspective. Periodically I get a publication called U.S. Talking Points from Rabobank, written by senior analyst Nick Fereday. It’s essentially a brief on recent events affecting the food and beverage industries, peppered with Fereday’s observations.
Citing consumer demand for nutritional transparency and choice, the Hershey Co. has announced plans to update front-of-pack calorie labels and make more of its standard- and king-sized items with 200 calories or fewer.