40 percent of the world’s leading food firms, including Nestlé, Unilever, and Tesco, now have dedicated teams to develop and sell plant-based products.
According to a new report from FAIRR, investors praised Tesco and Unilever in particular for their ‘commitment to shifting food portfolios to more sustainable protein sources’.
Costco and Kraft Heinz were described as ‘falling behind’ when it came to transitioning to ‘climate-aligned protein’ whilst Amazon was criticized for ‘remaining silent’ on its approach.
‘Good for the planet’
In a statement sent to Plant Based News, President of Foods & Refreshment at Unilever Hanneke Faber said: “We’re delighted to be recognized as the leading food manufacturer in FAIRR’s report on companies shifting to more sustainable protein sources.
“We are very supportive of the work FAIRR is doing to advocate for increased investment in this area. With half a billion Unilever products consumed every day, we have a responsibility and an opportunity to help transition towards a food system that is more resilient and more sustainable.
“Our ambition is to make it easier for people to eat more plant-based foods that are good for us, good for the planet and, of course, delicious at the same time.”
The report also states that seven out of 15 retailers now sell, or plan to sell plant-based meat alternatives ‘on the meat aisle’.
According to research done by the Plant Based Foods Association (PBFA) – plant-based meat sales increase by an average of 23 percent when sold in the meat department
You can read the full report here
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