Delivery Hero ramps up its sustainability efforts
Delivery Hero has acquired minority positions in a number of sustainable companies that offer alternative solutions to environmental challenges relating to its business model.
These efforts are part of a wider strategy to ramp up sustainability efforts and address the environmental challenges facing the industry. Other measures include turning Delivery Hero’s European operations fully carbon neutral in January 2020. Our ultimate ambition is to become carbon neutral globally in 2021.
Jeffrey Oatham, Director of CSR and Sustainability at Delivery Hero, said: “At Delivery Hero, we accept the responsibility to become a more sustainable business. We invest in sustainability because we care: about our employees, partners, customers, the communities we operate in, and the environment. One way we can do this is to support new innovations that replace polluting products within the food delivery value chain. Our minority positions in these sustainable companies support the disruptive solutions this planet needs.”
Throughout the past two years, Delivery Hero has acquired minority positions in companies that develop sustainable solutions for the food and delivery industry. Currently, Delivery Hero has partnered with four companies:
- BIO-LUTIONS (Hamburg, Germany)
Develops and produces eco-friendly, biodegradable packaging from local agricultural byproducts, as a solution for fighting plastic waste.
- JUST (San Francisco, USA)
A leading food technology business that develops plant-based food products for a healthier, more accessible food system.
- Wisefood (Munich, Germany)
Offers an innovative and edible alternative to the plastic straw made from cereals, apple fibre, stevia and citric acid.
- Impossible Foods (California, USA)
Produces plant-based substitutes for meat products, to counter negative health and environmental impact of meat production.
Josh Tetrick, Co-Founder & CEO at JUST: “We believe being unconventional and standing apart is necessary, for the planet and the people who live on it. Our partnership with the innovative team at Delivery Hero is emblematic of thinking anew about how to make our food system more just.”
David Lee, Chief Financial Officer at Impossible Foods said: “9 out of 10 of the consumers of Impossible Foods are meat-eaters who don’t want to compromise anymore to enjoy the meat they crave. We accomplish this through technology and R&D. Delivery Hero is a global innovator in the food industry, and we are proud to partner with them.”