Consumer goods companies preparing for climate change impact

FOX News

BERLIN – Companies behind some of the best-known consumer products -- from soaps to sodas -- are beginning to factor climate change into their business equation, according to a report published Monday. The survey of 16 major corporations by non-profit group CDP found that many are working to lower their carbon emissions, prepare for the effects of global warming on their supply chain and respond to growing environmental consciousness among customers. Examples include brewer AB InBev's efforts to develop a variety of barley that needs less water and Unilever adjusting its detergent formulas so they work at the lower "eco" temperature settings on modern washing machines, the London-based group said. "We were surprised how much these companies were aligning themselves with changes in consumer preferences," said Carole Ferguson, the report's lead author. This includes chasing trends such as veganism, a small but growing factor in the market that's driven by people who shun animal products for ethical or health reasons, but also because they have larger carbon footprints.

Reckitt Benckiser to acquire Mead Johnson for $16.6 billion

U.S. News

Reckitt Benckiser, which makes products ranging from condoms to Lysol, offered $90 for each Mead Johnson share, or about $16.6 billion. That's a 29 percent premium from Mead Johnson's closing stock price on Feb. 1 -- before word of the deal began to be discussed publicly.

Awash with plastic bottles and lacking a law, Kenya struggles to recycle with help from Coca-Cola, Unilever

The Japan Times

NAIROBI - As global concern over plastic pollution rises, corporate giants such as Coca-Cola and Unilever are pumping cash into a recycling initiative in Kenya they hope will provide a model for other developing countries. However, the voluntary scheme lacks legal backing, leaving a few companies to pick up the bill for everyone -- a problem that doomed a similar program here before. Many multinationals are scrambling to support recycling, stung by criticism from environmentalists over pollution and keen to be able to re-use valuable polyethylene terephthalate (PET) plastic. Single-use plastic is a key topic at next week's global United Nations Environmental Program summit. But developing nations such as Kenya don't have organized waste collection.

CES for Marketers: Alexa Wows, Virtual Reality Underwhelms


Over the past few years the CES trade show has become a familiar post-holidays pilgrimage for many of the country's biggest marketers. They see the event as a way to get a sneak peek at the latest tech gadgets and technologies that can help them engage with their customers. This year marketing executives from companies such as Coca-Cola, Unilever, Johnson & Johnson, Campbell Soup and PepsiCo Inc. made their way to Las Vegas for the gathering. The convention was jam-packed with everything from self-driving cars to robots that play chess to Procter & Gamble's air-freshener spray that can connect with Alphabet Inc.'s Nest home to automatically release pleasant scents in the home. But there was one category that seemed to especially win over marketers: virtual assistants.

P&O cruise forced to turn around after woman smacks man with wine bottle

FOX News

A P&O cruise liner was forced to head back to Sydney after a fight broke out between passengers waiting in line for the lavatory, according to police in New South Wales. The fight allegedly broke out between a group of men celebrating a bachelor party on the P&O's Pacific Explorer on Saturday night, during which one man's 37-year old female friend allegedly struck a 21-year-old man over the head with an empty wine bottle, the Australian Broadcasting Corporation reported. The brawl was broken up by security, and the 21-year-old man was treated for a laceration on his head, ABC reports. The entire group was detained by the ship's crew. P&O further revealed in a statement that New South Wales Police Marine Area Command responded to a call for help on Sunday morning, meeting the Pacific Explorer in the Sydney harbor and removing the group from the liner.