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Science and nutrition company Royal DSM has made Fortune Magazine’s 2018 Change the World list for its omega-3 fatty acids made from natural marine algae rather than fish oil from wild-caught fish.

Fortune Magazine’s 2018 Change the World list mentioned DSM’s positive social impact for the third consecutive year. Veramaris, DSM’s joint venture with Evonik, was developed for animal nutrition applications to help support life below water by reducing impact on ocean resources.

Fortune also praised DSM’s contributions to The Ocean Cleanup, a non-profit aiming to rid the world’s oceans of plastic through advanced technology. DSM supports their mission by sharing facilities, materials knowledge and networks.

Fortune’s Change the World list is determined by Fortune writers and editors with input from FSG, a nonprofit social-impact consulting firm; the Shared Value Initiative, a global platform for organisations seeking business solutions to social challenges; and Professor Michael E. Porter of Harvard Business School.

Companies with annual revenues of $1 billion or more are prioritized and evaluated on several factors: measurable social impact, business results, innovation, and corporate innovation.

 

Packaging News

Three months on from the release of the Rennie Report, Australia’s packaging manufacturers and recyclers say the window for action is narrowing fast. In a PKN-exclusive roundtable discussion, industry leaders warned that without a clear signal from Canberra, local investment, sovereign capability and the circular economy ambitions government has backed with public funding could begin to unravel. Lindy Hughson reports.

Global packaging and labelling group CCL Industries is set to acquire French shrink sleeve technology specialist Sleever International, to expand its global sleeve decoration and labelling portfolio.

Australia’s pathway to a national soft plastics recycling system has taken a step forward, with APCO and SPSA announcing a new partnership aimed at simplifying how brands and retailers participate in stewardship as collection and recycling pathways expand.