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sustainability

August 2, 2018

Bacardi to eliminate one billion straws, Aldi banishes Australian icon, and South East Asian impact market picks up

Bacardi to eliminate one billion straws

Bacardi, the world’s largest privately held spirits group, is aiming to eliminate one billion plastic straws by 2020.

June 7, 2018

Akka enters US aerospace, Walmart sells majority of Brazil business, and Mars invests $1 billion in sustainability

Akka enters US aerospace

The rapidly growing Akka Technologies is making good on its promise to conquer the US, acquiring PDS Tech for an undisclosed sum.

April 12, 2018

The family-run South African luxury travel group Mantis has sold a 50% stake to Europe’s largest hotelier in a bid to ensure future growth in the competitive global hospitality market.

The family-run South African luxury travel group Mantis has sold a 50% stake to Europe’s largest hotelier in a bid to ensure future growth in the competitive global hospitality market.

The Mantis deal with AccorHotels, for an undisclosed sum, is the latest instance of a major family business financing expansion by releasing significant equity to capital providers, a growing trend revealed in a 2017 Campden Research report.

April 6, 2018

Less institutional capital flowing into the UK in the face of Brexit spells opportunity for British family offices, fund managers say.

Less institutional capital flowing into the UK in the face of Brexit spells opportunity for British family offices, fund managers say.

The European Investment Fund (EIF)—the European Union-backed agency which provides finance for small and medium enterprises—has committed upwards of €600 million annually to the UK in recent years, but is in the process of slowing its contributions, and would likely halt them entirely post-Brexit.

March 28, 2018

Brewing giant pledges carbon reduction and renewable energy; James Packer’s ‘brave’ mental health resignation; and L’Oreal buys AR app

Brewing giant pledges carbon reduction, renewable energy

The world’s biggest brewer, AB InBev, says it will use only renewable energy and recyclable packaging by 2025, as part of an ambitious sustainability plan laid out by the company.

September 25, 2015

Martin Winterkorn may have survived an attempted leadership coup in April, which pitted third-generation chairman against non-family executive, but the Volkswagen CEO did not prove so resilient in the face of the corporate scandal currently rocking the carmaker.

Martin Winterkorn may have survived an attempted leadership coup in April, which pitted third-generation chairman against non-family executive, but the Volkswagen CEO did not prove so resilient in the face of the corporate scandal currently rocking the carmaker.

Today the family business is reportedly set to announce that Matthias Mueller, who current heads the company’s luxury Porsche brand, will take over the entire group.

Winterkorn had worked at Volkswagen since 1993, serving as CEO for the last eight years.

August 7, 2015

Working alongside future generations of clients was one of two driving factors in governance and ownership changes at Matter Family Office, according to a member of its new board of managers.

Working alongside future generations of clients was one of two driving factors in governance and ownership changes at Matter Family Office, according to a member of its new board of managers.

The US multi family office, based between Denver and St Louis, announced last month it was shifting from a firm led by a CEO and managing director to a partnership. Founded in 1990, the firm serves 50 core clients across 20 states, with $5 billion assets under management.

May 19, 2014

Campden Wealth, in association with Societe Generale Private Banking, has announced the shortlist for the European Families in Business Awards 2014.

Campden Wealth, in association with Societe Generale Private Banking, has announced the shortlist for the European Families in Business Awards 2014.

A jury composed of business school experts and the Campden Wealth editorial team has drawn up a shortlist from more than 250 businesses and entrepreneurs nominated by their peers on the CampdenFB magazine website, as well as by readers of the magazine.

November 19, 2013

A US environmental group has accused family-controlled retail giant Walmart of leaving some of its most polluting activities off its annual sustainability report.

A US environmental group has accused family-controlled retail giant Walmart of leaving some of its most polluting activities off its annual sustainability report.

In 2005, the hypermarket chain, controlled by the Walton family, launched a much-publicised sustainability campaign. It says since then its greenhouse gas emissions have risen only 14%.

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