Unilever PLC is negotiating to acquire Honest Co., the household and personal care company co-founded by actress Jessica Alba. Under discussion is a proposed deal that would value Honest at more than $1 billion but a lot lower than the $1.7 billion valuation the company received in a 2015 fundraising round. Since its founding in 2011, Honest has raised more than $200 million from external investors, including venture capital firms General Catalyst Partners and Lightspeed Venture Partners. Buying Honest would give Unilever a point of entry into the market for natural or green cleaning products and diapers.
"Unilever Is in Talks to Acquire Jessica Alba’s Honest Co.", Wall Street Journal, September 15, 2016
Carrefour was included in the Dow Jones Sustainability Index Europe for 2016. DJSI highlighted Carrefour's long-term commitment to sustainability as a core part of its business strategy. Only the best-performing companies are eligible for the DJSI, and Carrefour is the only French company included in the 12 top companies in the Food & Staples Retailing category.
"Carrefour selected for the Dow Jones Sustainability Index Europe (DJSI)", Carrefour, September 13, 2016
Kroger Co. said it was included in the Dow Jones Sustainability Index-North America for the fourth consecutive years. Evaluating the top 20 percent of the 600 largest companies in the US and Canada in the S&P Global Broad Market Index and leaders in sustainability efforts, the DJSI reviews a number of factors in economic, social, and environmental terms.
"Kroger Named to Dow Jones Sustainability Index for Fourth Consecutive Year", Kroger, September 13, 2016
Representatives of U.S. conservation and consumer groups never got to deliver their anti-antibiotics petition – with 350,000 signatures – to KFC executives in Louisville, Kentucky. But they were gratified to learn later that KFC parent company Yum! Brands is reviewing its position on the use of antibiotics in its chicken supply chain. Whether anything comes of that is impossible to predict. Meanwhile, the Centers for Disease Control and Prevention and other health experts continue to warn that livestock and poultry use of antibiotics contributes to the pressing public health threat of antibiotics resistance.
"Over 350K Urge KFC to Change Chicken Antibiotics Policy", News release, Natural Resources Defense Council, September 11, 2016
Shelf-stable seafood company Bumble Bee announced that its line of solid white albacore tuna in water and oil has been Non-GMO Project Verified. The rest of its family of canned and pouch tuna products would be verified by the end of the year. As part of its “clean label” strategy, the company recently switched to sea salt in all of its canned tuna products. Bumble Bee said it’s committed to traceability of its seafood, noting that all of its tuna comes from wild caught fisheries. Its Trace My Catch website for tuna products was expanded to include salmon, sardines and clam products.
"Bumble Bee Moves TO Non-GMO Project Verified Tuna", News release, Bumble Bee, August 23, 2016