Grundfos delivered healthy sales growth in 2023 while reducing its own water and energy footprint as well as supporting customers in lowering their water and energy consumption. Building on the solid performances of recent years, Grundfos realised record sales of EUR 4.6bn. This represents a sales growth of 4.2 percent, in line with strategic ambitions. EBIT before special items also grew to a record EUR 578m against EUR 529m in 2022. The EBIT result equals a 12.5 percent profit … [Read more...] about Grundfos announces strong 2023 results and delivers on sustainability ambitions
sustainability
Keeping Up With the Evolving Trends in Consumer Behavior and a Collective Approach to Sustainable Packaging
By Darren Milligan, Vice President and General Manager (ASEAN), Avery Dennison In the diverse and dynamic region of Southeast Asia, a shift is taking place within the consumer landscape. Influenced by rising demand from consumers with increased spending power, greater knowledge, and more sophisticated tastes, two major trends stand out — premiumisation and sustainability — which are now requiring brands to consider both the environmental impact of packaging as well as how to keep … [Read more...] about Keeping Up With the Evolving Trends in Consumer Behavior and a Collective Approach to Sustainable Packaging
GEA at the Anuga FoodTec trade show: Sustainability innovations bolster food industry resilience
The food industry is under pressure to transform, with the major global challenges of food insecurity on the one hand and environmental damage and climate change on the other hand. The energy crisis and evolving consumer interests exacerbate this. An extensive restructuring of our global food systems is essential to resolve these issues. Innovative food technology is the master key. Food industry must be willing to change The agri-food industry has successfully contended with a doubling of … [Read more...] about GEA at the Anuga FoodTec trade show: Sustainability innovations bolster food industry resilience