Danone and NGOs ClientEarth, Surfrider Foundation Europe and Zero Waste France end the legal proceedings concerning Danone’s vigilance plan regarding plastic
Rhea-AI Summary
Danone has reached an agreement with NGOs ClientEarth, Surfrider Foundation Europe, and Zero Waste France to end legal proceedings regarding its plastic-related vigilance plan. The settlement follows a mediation process ordered by the Paris Judicial Court after the NGOs initiated legal action on January 9, 2023.
The agreement requires Danone to strengthen its vigilance plan by providing more detailed descriptions of plastic packaging impacts and outlining specific actions for reducing, reusing, recycling, and recovering plastic packaging. These measures align with the company's Société à Mission objectives.
The company expressed satisfaction with the transparent dialogue process and emphasized its commitment to continue working towards collective mobilization of private and public sector players to address systemic obstacles in developing a circular economy.
Positive
- Resolution of legal proceedings through mediation reduces legal risks and costs
- Enhanced transparency in plastic management strategy strengthens ESG profile
- Collaborative approach with environmental NGOs improves stakeholder relations
Negative
- Additional compliance requirements may increase operational costs
- Heightened scrutiny of plastic packaging practices could impact packaging flexibility
News Market Reaction – DANOY
In the trading session that priced this news, DANOY gained 0.14%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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Press Release – Paris, February 21st, 2025
Danone and NGOs ClientEarth, Surfrider Foundation Europe and Zero Waste France end the legal proceedings concerning Danone’s vigilance plan regarding plastic
Following the mediation process ordered by the Judicial Court of Paris before which the three NGOs had brought legal proceedings against Danone on January 9, 2023, an agreement between the parties has been reached to end the proceedings concerning DANONE’s vigilance plan.
This agreement involves reinforcing the vigilance plan, which now gives a more detailed description of the consequences of the use of plastic packaging and sets out in detail all the actions that Danone is implementing in this respect (such as reducing, reusing, recycling, and recovering plastic packaging), in line with the objectives defined in relation to its status as a Société à Mission.
Danone is delighted to have taken part in an open and transparent discussion with the three NGOs and emphasizes how the dialogue has been beneficial and conducive to tackling the complex challenges that require a uniting of all the actors’ and stakeholders’ strengths.
Danone will continue to act with determination to encourage collective mobilization of all players, both private - and public - sector, without whom it is impossible to remove the systemic obstacles (technical, regulatory, financial, etc.) that are holding back the emergence of a circular economy.
About Danone (www.danone.com)
Danone is a leading global food and beverage company operating in three health-focused and fast-growing categories: Essential Dairy & Plant-Based products, Waters and Specialized Nutrition. With a long-standing mission of bringing health through food to as many people as possible, Danone aims to inspire healthier and more sustainable eating and drinking practices while committing to achieve measurable nutritional, social, societal and environment impact. Danone has defined its Renew strategy to restore growth, competitiveness, and value creation for the long-term. With almost 90,000 employees, and products sold in over 120 markets, Danone generated
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