“Together, we are striving to supercharge adoption of sustainable solutions by funding and accelerating fantastic innovations that will change the world by making all of our businesses more sustainable.”-Tony Milkin, AB InBeV
Today, The Coca-Cola Company, Colgate-Palmolive Company, and Unilever have joined the Anheuser-Busch InBev (AB InBev) 100+ Accelerator to fund and pilot sustainable innovation in supply chains.
Launched in 2018, the 100+ Accelerator is a global incubator program that works to solve supply chain challenges across water stewardship, circular economy, sustainable agriculture, and climate action. Over the last two years, the program has accelerated 36 companies in 16 countries. The 100+ Accelerator offers size and scale to passionate entrepreneurs to help bring their solutions to market faster. “Colgate’s purpose is clear — we are reimagining a healthier future for all people, their pets, and our planet,” said Patricia Verduin, chief technology officer of Colgate. “And we know that we can achieve our purpose faster and more effectively with equally committed partners like AB InBev, Coca-Cola, and Unilever. By becoming a founding member of the 100+ Accelerator, we are elevating sustainability, expediting the innovation process, and ultimately maximizing our collective impact.
“We are absolutely thrilled to have The Coca-Cola Company, Colgate-Palmolive and Unilever join us as founding partners in the 100+ Accelerator,” said Tony Milikin, chief procurement, sustainability, and circular ventures officer of AB InBev. “Together, we are striving to supercharge adoption of sustainable solutions by funding and accelerating fantastic innovations that will change the world by making all of our businesses more sustainable. Sustainable business is a smart business, and we are working to solve huge problems that no one company can handle alone. With our combined global reach, we can accelerate progress towards a more sustainable future.”
In addition to funding pilot programs, the 100+ Accelerator provides ‘hands-on’ support to start-ups by assigning dedicated teams to help test out their new technologies in a large global supply chain. The addition of The Coca-Cola Company, Colgate-Palmolive, and Unilever will expand this unique approach and will further establish the value proposition of the AB InBev 100+ Accelerator brand and mission. “Sustainability is foundational to how we conduct business and shape our strategies,” said Brian Smith, president, and chief operating officer of The Coca-Cola Company. “We are committed to working with partners including innovators to bring more sustainable solutions to market by leveraging our size and scale. We are pleased to be a partner of the 100+ Accelerator.”
Source: Business World
