Lightning Round: Consumers, Millennials, Bar Rescue and More
When it rains, it pours – more bad news for Tesco, as executives in its South Korea branch are facing prosecution for allegedly selling the pers...
- When it rains, it pours – more bad news for Tesco, as executives in its South Korea branch are facing prosecution for allegedly selling the personal information of more than 5 million consumers to third party companies. ~ Telegraph
- McDonald’s has a Millennial problem: how is it affecting the brand’s bottom line? ~ Business Insider
- Don’t let Jon Taffer and Bar Rescue ruin bars for you – let it be an inspiration to hold your businesses to a higher standard (or at least a minimum standard of cleanliness and decency). ~ Buzzfeed
- Would you charge your consumers for ice? What if it was fancy ice? What about if droughts continue and water utility prices rise? It seems frivolous now, but it could become a significantly more complex question in the near future. ~ Eater
- Who knew that oysters had such a positive cleansing effect on their surrounding environment? A fishery employee took to social media to educate the public with enlightening results. ~ Upworthy
- As he moves into retirement, outgoing General Mills CMO Mark Addicks reflects on some of his favorite campaigns over the years. ~ Ad Age
- Read about how Panera and Chipotle are tackling sustainability by starting with small achievable initiatives and then growing from there. ~ QSR Web
- SodaStream sales have fallen drastically, leading the company to shut down its controversial West Bank production facility with plans to regroup and move its operations to Northern Israel. ~ Buzzfeed News
- Just a simple yet effective comment from Denny’s comparing its breakfasts to Marvel’s Phase 3 outline. ~ The Mary Sue
Ireland could create template for global food sustainability
Leveraging innovation could cultivate new agricultural breakthroughs, making Ireland the most responsible and sustainable food producer on Earth, according to a renowned local luminary.
Economist and author David McWilliams has insisted that Ireland can become a pivotal carbon-neutral, resource-efficient and sustainable food producer – possibly the most influential on the planet.
He does acknowledge, however, that there are considerable obstacles on the country’s trailblazing journey to complete energy-efficient and sustainable food production.
McWilliams also claims that the widely-held belief within the EU that reducing food production thus reduces carbon emissions does not tally.
“For the European Union to get an aggregate reduction in carbon emissions,” said McWilliams at the Alltech ONE Ideas Conference. “It would seem to me much more logical to favour those countries that have had an evolutionary, ecological or environmental gift, in order to actually produce more, not less, because your input-output ratio is so much lower than it is either in the parched Mediterranean or in the frozen tundra of the North.”
Reflecting on the situation in the US, McWilliams said its agriculture output had tripled between 1948 and 2015, with exponential gains in efficiency. Surprisingly, agriculture only contributes to 7.5% of total US greenhouse gases, far below the 30% attributed to cars.
“I think American culture is changing, at least when you see it from the outside,” said McWilliams said of President Biden’s approach. “He's saying, ‘There's no point being wealthy if the wealth is only in the hands of a small minority. The wealth has to trickle down to everybody else.’”
McWilliams concluded that for Irish agriculture to modernise and grow, it should use one of Ireland’s leading sectors – technology – as a frame of reference. It currently generates over $25 billion in exports.