Renault targets €1bn in sales from ‘circular economy’ Renault has announced that it is seeking to generate more than €1bn in sales from the circular economy, by turning its Flins factory outside Paris into a research, recycling and repair centre. Read more.

Yakult targets net-zero carbon emissions The probiotic dairy company has announced plans to achieve net-zero carbon emissions by 2050. By 2030, Yakult aims to reduce greenhouse gas (GHG) emissions by 30% and reduce plastic containers and packaging in Japan by 30%. Read more.

Atlast secures $40m to grow its meat alternatives business Atlast Food has raised $40m in Series A, as it looks to expand the production of its plant-based bacon alternative made from mycelium. Atlast says the funding comes after a year of “immense growth”, following the launch of its first product. Read more.

Heineken pledges carbon neutrality across value chain by 2040 The brewing giant has committed to become carbon neutral in its own production by 2030, and its full value chain by 2040. The announcement marks the first in a series of refreshed Brew a Better World ambitions. Read more.

First quarter sales at PepsiCo boosted by snacks The FMCG giant has posted organic net revenue growth of 2.4% in Q1, and expects to pick up pace in the second quarter. First-quarter net revenues reached $14.8bn, up 6.8%. Read more.

L’Oréal sees sales recovery The beauty giant has reported a further increase in sales growth for its first quarter, boosted by strong performance in China. The business said sales reached €7.6bn in the three months to March, up 10.2% on a like-for-like basis. Read more.