Deliveroo has been making efforts to promote sustainability in the food industry for some time now. In 2019, the company launched its “Restaurant Rescue” program, which aimed to reduce food waste by donating surplus food to local charities. The company has also been working on reducing its carbon footprint by introducing electric bikes and scooters for its delivery fleet.
The partnership with Fidelity Management & Research Company LLC is another step towards Deliveroo’s commitment to sustainability. The Deliveroo Editions Durable Partners fund will invest in sustainable food businesses that are committed to reducing their environmental impact.
Section 2: Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC is a global investment management company that manages over $4.9 trillion in assets. The company has a long history of investing in sustainable and socially responsible businesses. Fidelity’s investment in the Deliveroo Editions Durable Partners fund is a testament to its commitment to promoting sustainability in the food industry.
Section 3: 7B Bradshaw
7B Bradshaw is the first investment made by the Deliveroo Editions Durable Partners fund. 7B Bradshaw is a sustainable food hall located in London that offers a variety of food options from local and sustainable businesses. The food hall is committed to reducing its environmental impact by using compostable packaging and reducing food waste.
The investment made by the Deliveroo Editions Durable Partners fund will help 7B Bradshaw expand its operations and reach a wider audience. The investment will also help the food hall continue its commitment to sustainability and promote environmentally friendly practices in the food industry.
Section 4: The future of sustainable food businesses
The partnership between Deliveroo and Fidelity Management & Research Company LLC is a positive step towards promoting sustainability in the food industry. The Deliveroo Editions Durable Partners fund will provide much-needed financial support to sustainable food businesses that are committed to reducing their environmental impact.
The investment in 7B Bradshaw is just the beginning. The Deliveroo Editions Durable Partners fund will continue to invest in sustainable food businesses, helping them grow and reach a wider audience. This will not only benefit the businesses themselves but also the environment and the wider community.
Conclusion:
The partnership between Deliveroo and Fidelity Management & Research Company LLC is a positive step towards promoting sustainability in the food industry. The Deliveroo Editions Durable Partners fund will provide much-needed financial support to sustainable food businesses that are committed to reducing their environmental impact. The investment in 7B Bradshaw is just the beginning, and we can expect to see more investments made by the fund in the future. This partnership is a win-win for everyone involved, as it promotes sustainability, supports local businesses, and benefits the wider community.