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Bloomberg Businessweek

The Emergence of Flavored Spirits

Nov 2, 2023
16:16
Snipd AI
The podcast explores the success of flavored spirits like screwball whiskey, the acquisition of high-end tequila brand Codego, and soft drink companies entering the alcohol business. It also discusses the industry's responsibility to address water scarcity, the importance of maintaining premium quality in flavored spirits, and the effects of COVID-19 on consumer behavior.
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Podcast summary created with Snipd AI

Quick takeaways

  • Responsible water management plays a crucial role in combating climate change and reducing greenhouse gas emissions.
  • The spirits industry is experiencing a surge in flavored whiskeys, highlighting the importance of continuous innovation and meeting consumer preferences.

Deep dives

Optimizing Water Use for Climate Change

According to environmental reporting non-profit CDP, global water use, storage, and distribution contribute 10% of global greenhouse gas emissions. EcoLab, a company that helps optimize water use, states that with more efficient water management, industrial facilities could reduce water consumption by up to 44%, trim energy use by as much as 22%, and decrease corporate greenhouse gas emissions by up to 12%. This highlights the crucial role of responsible water management in combating climate change.

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