STOCK TITAN

Flow Beverage Corp. Celebrates Earth Day

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags
Flow Beverage Corp. (FLWBF) celebrates Earth Day by showcasing its commitment to sustainability and environmental responsibility. The company holds the highest B Corp rating globally, with certifications from NSF and BRC, ensuring top-notch environmental standards. Flow's packaging, energy sources, and partnerships reflect its dedication to reducing plastic waste and carbon footprint. Future goals include achieving renewable packaging, carbon negative operations, and reducing plastic bottle usage. Initiatives like new plant-based packaging and collaborations with environmental agencies demonstrate Flow's ongoing efforts towards sustainability.
Flow Beverage Corp. (FLWBF) celebra la Giornata della Terra evidenziando il suo impegno per la sostenibilità e la responsabilità ambientale. L'azienda possiede il più alto rating B Corp a livello mondiale, con certificazioni da NSF e BRC che garantiscono standard ambientali di prim'ordine. Il packaging di Flow, le fonti energetiche e le partnership riflettono la dedizione dell'azienda a ridurre i rifiuti di plastica e l'impronta di carbonio. Gli obiettivi futuri includono il raggiungimento di un imballaggio rinnovabile, operazioni a impatto carbonio negativo e la riduzione dell'uso di bottiglie di plastica. Iniziative come il nuovo imballaggio a base vegetale e le collaborazioni con agenzie ambientali dimostrano gli sforzi continui di Flow verso la sostenibilità.
Flow Beverage Corp. (FLWBF) celebra el Día de la Tierra mostrando su compromiso con la sostenibilidad y la responsabilidad ambiental. La compañía mantiene la calificación más alta de B Corp a nivel mundial, con certificaciones de NSF y BRC que aseguran estándares ambientales de primera calidad. El embalaje de Flow, sus fuentes de energía y sus alianzas reflejan su dedicación a reducir el desperdicio de plástico y la huella de carbono. Los objetivos futuros incluyen lograr un embalaje renovable, operaciones carbono negativas y la reducción del uso de botellas de plástico. Iniciativas como el nuevo empaque basado en plantas y colaboraciones con agencias ambientales demuestran los esfuerzos continuos de Flow hacia la sostenibilidad.
Flow Beverage Corp.(FLWBF)은 지구의 날을 맞이하여 지속 가능성과 환경 책임을 다하기 위한 노력을 강조합니다. 이 회사는 NSF와 BRC의 인증을 받으며 세계적으로 가장 높은 B Corp 등급을 유지하여 최고의 환경 기준을 보장합니다. Flow의 포장, 에너지원 및 파트너십은 플라스틱 폐기물과 탄소 발자국을 줄이기 위한 회사의 헌신을 반영합니다. 미래 목표로는 재생 가능한 포장, 탄소 음성 작업, 플라스틱 병 사용 감소가 포함됩니다. 새로운 식물성 포장과 환경 기관과의 협력과 같은 이니셔티브는 Flow의 지속 가능성을 향한 지속적인 노력을 보여줍니다.
Flow Beverage Corp. (FLWBF) célèbre la Journée de la Terre en démontrant son engagement envers la durabilité et la responsabilité environnementale. L'entreprise détient le plus haut classement B Corp au monde, avec des certifications de NSF et BRC assurant des normes environnementales de premier ordre. L'emballage de Flow, ses sources d'énergie et ses partenariats reflètent son dévouement à réduire les déchets plastiques et l'empreinte carbone. Les objectifs futurs comprennent l'atteinte d'un emballage renouvelable, des opérations à bilan carbone négatif et la réduction de l'usage des bouteilles en plastique. Des initiatives telles que le nouvel emballage à base de plantes et des collaborations avec les agences environnementales démontrent les efforts continus de Flow envers la durabilité.
Flow Beverage Corp. (FLWBF) feiert den Tag der Erde, indem es sein Engagement für Nachhaltigkeit und Umweltverantwortung hervorhebt. Das Unternehmen hält die weltweit höchste B Corp-Bewertung, mit Zertifikaten von NSF und BRC, die höchste Umweltstandards gewährleisten. Flow’s Verpackungen, Energiequellen und Partnerschaften spiegeln sein Engagement wider, Plastikmüll und den CO2-Fußabdruck zu reduzieren. Zukünftige Ziele beinhalten die Erreichung von erneuerbaren Verpackungen, kohlenstoffnegativem Betrieb und der Reduktion des Plastikflaschenverbrauchs. Initiativen wie neue pflanzliche Verpackungen und Kooperationen mit Umweltbehörden zeigen Flows fortlaufende Bemühungen um Nachhaltigkeit.
Positive
  • Flow has the highest B Corp rating in the world, with a score of 126.5, showcasing its commitment to environmental sustainability.
  • The company's certifications from NSF and BRC ensure that it meets the highest standards of food safety and sustainability.
  • Flow's packaging from Tetra Pak contains up to 75% renewable materials, with the cap made from sugarcane and biodegradable.
  • The company operates with 100% renewable energy sourced from Canada and offsets travel and e-commerce emissions.
  • Flow's initiatives have diverted over 130 million plastic bottles from landfills and aim to achieve carbon-negative operations by 2025.
  • Future environmental goals include achieving 100% renewable, plant-based packaging by 2030 and avoiding 500 million plastic bottles by the same year.
Negative
  • None.

TORONTO--(BUSINESS WIRE)-- Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) (the “Company” or “Flow”), is celebrating Earth Day with continued progress on its mission to bring wellness to the world through the positive power of water.

Flow has the highest B Corp rating of any beverage company in the world, with a score of 126.5, and has been a Certified B Corp since 2017. B Corp certification is only given to companies that meet the highest standards of environmental sustainability and accountability and use business as a force for good. Additionally, Flow's NSF (formerly the National Sanitation Foundation) and British Retail Consortium (BRC) certifications ensure we efficiently use water resources and meet the highest standards of food safety. Certifications allow customers to trust Flow's products' integrity and that Flow's sustainability claims are verified by independent third parties. Moreover, the audits Flow must go through to maintain its certifications require the Company to consistently maintain world class sustainability standards.

These achievements are no accident. Flow’s packaging, supplied by Tetra Pak, is made with up to 75% renewable materials. The largest ingredient in our packaging material is paperboard, which is sourced from the Forest Stewardship Council (FSC), while the cap is made from renewably sourced sugarcane and is completely biodegradable. Our flavors are QAI Organic certified as we strive to give our consumers the cleanest ingredients possible while also helping to reduce the number of harmful chemicals released into our environment.

The Company operates its production facility with 100% renewable energy sourced in Canada through Bullfrog Power, is a member of the Amazon Climate Pledge, offsets its travel emissions with Goodwings and offsets e-commerce emissions with Ecocart. Flow is also a member of the Starbucks Partners for Sustainability program and supports initiatives such as litter cleanup projects and, most recently, National Tree Day across Canada. Flow supplies water to Live Nation to meet its goals of phasing out the sale of single use plastics and providing products with a high degree of renewable resource content. While this is not all that Flow does to achieve its high sustainability score, it illustrates Flow’s all-encompassing commitment to sustainability.

Together, the steps Flow has taken to operate with the highest environmental standards has diverted over 130 million plastic bottles of water from entering landfills and with zero net operational emissions.

Looking forward, Flow’s environmental goals include:

- Achieving a 100% renewable, plant-based pack by 2030

- Achieving carbon negative operations by 2025

- Avoiding 500 million plastic bottles by 2030

- Recycling 98% of our processing water by 2025

- Increasing our B Corp score by 30% in 2025

To help achieve these goals, Flow has a number of initiatives in progress. As part of the summer hydration campaign and the Flow brand refresh, Flow will be launching new Tetra Pak prisma packaging comprised of 81% plant-based renewable resources. The new Tetra Pak carton replaces traditional polymers with bio-based polymers and contains post-consumer recycled content for the first time. Flow's new package is also designed to have the lowest carbon footprint to date: seven times lower than glass, four times lower than aluminum, and three times lower than PET.

Flow is also collaborating with the Ontario Ministry of the Environment, Conservation and Parks to develop a comprehensive spring monitoring plan which will ensure sustainable yield of water and preservation of Flow's spring's habitat for years to come. Lastly, Flow is in the process of recertifying with B Corp to maintain its leading position as a sustainably-minded operator.

Nicholas Reichenbach, Chairman and Chief Executive Officer of Flow, stated: “Reducing our environmental footprint has been central to Flow’s mission since inception. This includes water stewardship, renewable packaging, climate protection and giving back to communities. Flow is committed to being a part of the solution and we are going to remain proactive by growing the Flow brand through environmentally sustainable practices.”

About Flow

Flow is one of the fastest-growing premium water companies in North America. Founded in 2014, Flow’s mission since day one has been to reduce environmental impacts by providing sustainably sourced naturally alkaline spring water in a recyclable and up to 75% renewable, plant-based pack. Today, the brand is B-Corp Certified with a best-in-class score of 126.5, offering a diversified line of health and wellness-oriented beverage products: original naturally alkaline spring water and award-winning organic flavours in sizes ranging from 330-ml to 1-litre. All products contain naturally occurring electrolytes and essential minerals and support Flow’s overarching purpose to “bring wellness to the world through the positive power of water.” Flow beverage products are available at retailers in Canada and the United States, and online at flowhydration.com.

For more information on Flow, please visit Flow’s investor relations site at: investors.flowhydration.com.

Forward-Looking Statements

This press release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws (“Forward-Looking Statements”), including around the Company achieving a 100% renewable plant-based pack by 2030 and carbon negative operations by 2025, avoiding 500 million plastic bottles by 2030, recycling 98% of its processing water by 2025 and increasing its B Corp score by 30% in 2025. The Forward-Looking Statements contained in this press release relate to future events or Flow’s future plans, operations, strategy, performance or financial position and are based on Flow’s current expectations, estimates, projections, beliefs and assumptions. Such Forward-Looking Statements have been made by Flow in light of the information available to it at the time the statements were made and reflect its experience and perception of historical trends. All statements and information other than historical fact may be forward‐looking statements. Such Forward‐Looking Statements are often, but not always, identified by the use of words such as “may”, “would”, “should”, “could”, “expect”, “intend”, “estimate”, “anticipate”, “plan”, “foresee”, “believe”, “continue”, “expect”, “believe”, “anticipate”, “estimate”, “will”, “potential”, “proposed” and other similar words and expressions.

Specific Forward-Looking Statements contained in this news release include, but are not limited to, statements regarding Flow’s business strategy or outlook and future growth plans, and achieving its environmental goals.

Forward-Looking Statements are based on certain expectations and assumptions and are subject to known and unknown risks and uncertainties and other factors, many of which are beyond Flow’s control, that could cause actual events, results, performance and achievements to differ materially from those anticipated in these Forward-Looking Statements. Forward-Looking Statements are provided for the purposes of assisting the reader in understanding Flow and its business, operations, prospects, and risks at a point in time in the context of historical and possible future developments, and the reader is therefore cautioned that such information may not be appropriate for other purposes. Forward-Looking Statements should not be read as guarantees of future performance or results. Readers are cautioned not to place undue reliance on these Forward-Looking Statements, which speak only as of the date of this press release. Unless otherwise noted or the context otherwise indicates, the Forward-Looking Statements contained herein are provided as of the date hereof, and the Company disclaims any intention or obligation, except to the extent required by law, to update or revise any Forward-Looking Statements as a result of new information or future events, or for any other reason.

The following press release should be read in conjunction with the management’s discussion and analysis (“MD&A”) and consolidated financial statements and notes thereto as at and for the three months ended January 31, 2024. Additional information about Flow is available on the Company’s profile on SEDAR at www.sedar.com, including the Company’s Annual Information Form for the year ended January 31, 2024 dated January 29, 2024.

Trent MacDonald, Chief Financial Officer

1-844-356-9426

investors@flowhydration.com

Investors:

Marc Charbin

investors@flowhydration.com

Media:

Natasha Koifman

nk@nkpr.net

Source: Flow Beverage Corp.

FAQ

What is Flow Beverage Corp.'s (FLWBF) B Corp rating and why is it significant?

Flow holds the highest B Corp rating globally, with a score of 126.5, highlighting its dedication to environmental sustainability.

What certifications does Flow have to ensure its sustainability standards?

Flow has certifications from NSF and BRC, ensuring top-tier environmental standards and food safety.

How does Flow's packaging contribute to sustainability efforts?

Flow's packaging from Tetra Pak contains up to 75% renewable materials, with the cap made from sugarcane and fully biodegradable.

What are some of Flow's environmental goals for the future?

Flow aims to achieve 100% renewable, plant-based packaging by 2030, carbon-negative operations by 2025, and avoid 500 million plastic bottles by 2030.

What initiatives has Flow undertaken to reduce plastic waste?

Flow's initiatives have diverted over 130 million plastic bottles from landfills, showcasing its commitment to environmental responsibility.

FLOW BEVERAGE CRP SUB VTG

OTC:FLWBF

FLWBF Rankings

FLWBF Latest News

FLWBF Stock Data

10.23M
44.37M
4.38%
0.07%
Soft Drink Manufacturing
Manufacturing
Link
United States of America
Aurora