Tetra Pak extends paper-based barrier packaging to high-speed packaging lines in Asia

Tetra Pak has taken another step forwards in sustainable packaging by expanding its innovative paper‑based barrier technology to high‑speed Tetra Pak® A3/Speed filling lines, with Maeil Dairies becoming the first producer globally to implement the solution for its soy milk. This milestone aligns with a broader shift across the food and beverage industry, where producers are accelerating the transition towards low-carbon, renewable packaging materials. Developed to replace the aluminium foil layer used in aseptic cartons, the new paper‑based barrier maintains comparable levels of food protection and shelf life. When combined…

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Ceres hires former White House official and GE executive Neal Kemkar as its new Chief Network Officer

Former White House official and GE executive Neal Kemkar has joined Ceres as its new Chief Network Officer, the sustainability nonprofit announced today.  Kemkar will oversee all aspects of the organization’s three premier membership networks for investors and companies, including strategic planning, management systems, operations, program implementation, and business development. He will direct a diverse team of business and policy experts to expand Ceres’ networks, member benefits, and fee-for-service initiatives that support Ceres’ mission of building a cleaner, more resilient economy.    “Neal brings over twenty years of executive leadership experience…

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SMFG and IFC Partner to Launch the World’s First Digital Inclusion Bond, Supporting Growth and Job Creation through MSMEs in Emerging Markets

To promote digitalization and jobs in emerging markets, IFC, a member of the World Bank Group, has partnered with Sumitomo Mitsui Financial Group (SMFG), one of the leading Japanese financial groups with a strong presence in Asia-Pacific, to launch the world’s first social bond exclusively dedicated to digital inclusion, including for micro, small, and medium enterprises (MSMEs), totaling US$500 million. Expanding financial access for MSMEs through digital tools further supports their role as the primary driver of jobs in emerging markets. As an anchor investor, IFC collaborated with SMFG to…

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