Advertise with fastmoving.co.za
 
 

AB InBev has launched a new green innovation accelerator as it aims to tackle some of the most pressing sustainability issues.
AB InBev has launched a new green innovation accelerator as it aims to tackle some of the most pressing sustainability issues.

AB InBev launches accelerator to help fund sustainability start-ups

LIQUOR NEWS

By Jules Scully - Aug 16th 2018, 09:36

AB InBev has launched a new green innovation accelerator as it aims to tackle some of the most pressing sustainability issues.
 

Called 100+ Accelerator, the initiative will support, mentor and fund ten successful applicants so they can incubate, experiment and amplify their solutions at scale.

The world’s largest beer company said it wants to mobilise the world’s brightest minds –entrepreneurs, academics, scientists and technologists – to solve global sustainability issues and contribute to the UN’s Sustainable Development Goals.

Areas it intends to focus on include: smart agriculture, water stewardship, circular packaging and climate action.

In a statement, the company said: “We believe that global challenges need local solutions. Because we source, brew and sell locally through our companies around the world, we have a unique insight into issues that are directly impacting communities. And we are positioned to identify opportunities.”

Maisie Devine, global director of the 100+ Accelerator, said: “Today’s global sustainability challenges provide us with some of the greatest opportunities for development and innovation. The 100+ Accelerator will draw on our company’s entrepreneurial spirit and our constant drive to deliver faster, better results.”

The deadline for start-ups to apply is 14 September 2018. The initiative will start in New York in October and run until March 2019. The start-ups will then have the opportunity to pitch for further funding.

The scheme complements AB InBev’s sustainability targets, which were revealed earlier this year. The company aims to source 100% of its electricity from renewable sources by 2025.

It also hopes to make 100% of its packaging from materials which can be recycled or made predominantly from recycled content.
FoodBev 

Related News

Lidl introduces reusable fruit and veg bags
15/08/2019 - 11:29
The ‘Green Bags’, priced at 69p for two, provide customers with a reusable alternative to single-use, small fruit, and vegetable bags.

We need to rethink our food system to tackle climate change
15/08/2019 - 09:19
The way we produce, consume and discard food is no longer sustainable.

SA's best-loved beers revealed at Sunday Times Lifestyle Beer Awards
05/08/2019 - 14:24
CBC Amber Weiss was officially announced as South Africa’s Most Loved Beer at the Sunday Times Lifestyle Beer Awards in partnership with Makro on 2 August 2019, at an event in Johannesburg to celebrate the creators and retailers of local and internationally crafted beers.

All women team brew special beer to celebrate Women's Month
05/08/2019 - 10:38
SAB will be launching BOLD BREW– a beer designed and brewed entirely by women– this limited edition small batch beer is exclusively available at the SAB World of Beer in Newtown, Johannesburg.

AB InBev rolls out blockchain solution to assist farmers
01/08/2019 - 14:16
Multinational brewing company AB InBev Africa is rolling out a blockchain solution to assist smallholder farmers in its supply chain.