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Stock impact report

Food, drink companies urge new European Commission to priortise sustainability in agri-food policy [Yahoo! Finance]

Oatly Group AB - American Depositary Shares (OTLY) 
Company Research Source: Yahoo! Finance
In a letter sent yesterday (9 December) to Christophe Hansen, the new European commissioner for agriculture and food, the companies encouraged Brussels to “deliver a vision for agriculture and food that accelerates Europe's transition to sustainable farming and consumption, ultimately helping ensure long-term competitiveness”. The letter was also signed by dairy-alternatives business Oatly, cheese giant Bel Group and frozen-food major McCain Foods. Hansen, who has been in post for just over a week, has been given a mission brief by EC President Ursula von der Leyen to prepare in the first 100 days “a vision for agriculture and food, working under my guidance and in coordination with other members of college”. She added: “This should look at how to ensure the long-term competitiveness and sustainability of our farming and food sector within the boundaries of our planet. It should also look at food waste and promotion of cutting-edge science, innovative technologies and emerging Show less Read more
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