AMWatch

Scrapping single-use plastic is hot topic for investors

Growing concern about plastic waste and a need to improve resource efficiency is generating new investment models that will help support the transition to a more sustainable economy.

Single-use plastic is on its way out. Investors can now invest in more environmentally friendly alternatives | Photo: Ritzau Scanpix

Making a healthy, carbonated drink in the comfort of your own kitchen is preferable to lugging heavy crates of soda bottles through supermarket aisles.

PepsiCo Inc.’s acquisition of fizzy-drinks dispenser SodaStream International Ltd. for $3.2 billion in August was a sign that big corporations see a market opportunity in increasingly healthy and environmentally-conscious consumers. Owners of a SodaStream machine can refill reusable containers with carbonated water or flavored fizzy drinks, which reduces the amount of single-use containers that get used. SodaStream shares nearly trebled during the year up to the acquisition, helped initially by the company exceeding revenue estimates.

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New paper slams model portfolio boom for conflict of interest

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