(NapaValleyRegister) - Treasury Wine Estates is celebrating its first birthday as a stand-alone wine company. Formerly known as Foster’s Group, Treasury Wine Estates commemorated the milestone by launching a new global community investment program with a focus on food and water initiatives, said a news release. Commenting on the milestone, CEO David Dearie said, “I’m very proud of our commitment to our communities. Our long-term aim is to be the world’s most successful wine company. We have some exciting work ahead of us to reach that goal, and I am confident that we will continue to build a sustainable wine business for future generations.”