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July 27, 2018

Manufacturers can’t afford to merely pay lip-service to sustainability

The vast majority of companies now have a sustainability policy, so to stand out from the crowd, it is vital that they put their money where their mouth is, and act upon their pledges.

By GlobalData Consumer

The vast majority of companies now have a sustainability policy, so to stand out from the crowd, it is vital that they put their money where their mouth is, and act upon their pledges.

Free Report
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How is ESG transforming packaging in the beverages sector?

The beverages sector has already been re-shaped by increasing corporate and consumer consciousness of environmental, social and governance (ESG) issues around packaging. Now, amidst a raft of new regulations, those who get ahead of the curve may find new opportunities. Brands are increasingly using packaging as a means of addressing ESG concerns and communicating with consumers. Access GlobalData’s new whitepaper, ESG in Packaging, to examine the challenges faced by companies, and understand how adapting to regulation around packaging, as well as appealing to ESG-conscious consumers, presents opportunities. The white paper covers:
  • Which regulations are governments looking to introduce?
  • How can beverage manufacturers get ahead of regulations?
  • How can packaging manufacturers help and how will consumers react?
  • What packaging and recycling innovations are required and what are the barriers to consumer engagement?
Zero in on how the industry operates in the EU and USA, exploring conclusions that remain relevant for other markets too, including Brazil, Canada, Russia and Turkey.
by GlobalData
Enter your details here to receive your free Report.

Consumers are very concerned with the steps brands take to accommodate sustainability concerns, including environmentally friendly packaging. As such, nearly three-quarters (74 per cent) of consumers globally consider ‘recyclable’ packaging to be extremely or very important, according to GlobalData’s 2017 Q1 global consumer survey

Whether it be commitments to ensure the recyclability of their packaging, reduce their greenhouse gas emissions, reduce waste, protect habitats or use resources more effectively, manufacturers must be aware that consumers are increasingly scrutinizing and reacting to their promises.

A hot topic at the moment is palm oil – which is found in around half of packaged grocery items, including foods, cosmetics and toiletries. The growing of oil palms is responsible for widespread habitat destruction, deforestation which releases greenhouse gases previously locked up, soil erosion, pollution and eviction of forest-dwelling people.

Roundtable on Sustainable Palm Oil

In recognition of the issues surrounding the cultivation of palm oil, the Roundtable on Sustainable Palm Oil (RSPO) was set up, comprised of oil palm producers, processors and traders, consumer goods manufacturers, retailers, banks & investors, and environmental and social non-governmental organizations (NGOs). Its aim is to minimize the negative effects of palm oil production, and it has a certification scheme for sustainably produced oil palm.

Recently it suspended Nestlé’s membership as Nestlé failed to deliver information required on its planned commitments and the timing of these. This seems to have had the desired effect, as Nestlé has now handed over the required documentation and has been re-admitted to the RSPO.

For some companies, however, the RSPO does not go far enough. UK-based retailer Iceland’s Managing Director Richard Walker — on returning from a trip to Indonesia to see oil palm cultivation — has stated that “no major supermarket of food manufacturer can substantiate any claim that the palm oil they use is truly sustainable” (Vegan Life, July 2018, p70). As a result, Iceland has announced that it will stop using palm oil in its own label foods by the end of 2018.

This is a bold move that may ratchet up pressure on other companies to change the way their raw materials are sourced.

 

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Free Report
img

How is ESG transforming packaging in the beverages sector?

The beverages sector has already been re-shaped by increasing corporate and consumer consciousness of environmental, social and governance (ESG) issues around packaging. Now, amidst a raft of new regulations, those who get ahead of the curve may find new opportunities. Brands are increasingly using packaging as a means of addressing ESG concerns and communicating with consumers. Access GlobalData’s new whitepaper, ESG in Packaging, to examine the challenges faced by companies, and understand how adapting to regulation around packaging, as well as appealing to ESG-conscious consumers, presents opportunities. The white paper covers:
  • Which regulations are governments looking to introduce?
  • How can beverage manufacturers get ahead of regulations?
  • How can packaging manufacturers help and how will consumers react?
  • What packaging and recycling innovations are required and what are the barriers to consumer engagement?
Zero in on how the industry operates in the EU and USA, exploring conclusions that remain relevant for other markets too, including Brazil, Canada, Russia and Turkey.
by GlobalData
Enter your details here to receive your free Report.

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