Canadian packaging solution provider CCL Industries has pledged to sustainability with the signing of the New Plastics Economy Global Commitment.
As part of this commitment, CCL plans to make packaged goods to be recyclable, reusable or compostable by 2025 and cut waste by level 90% globally by 2025.
It also plans to eliminate all landfill from its manufacturing process in North America and Europe by 2030.
Additionally, CCL will invest in further development of sustainable and circular products.
The company will invest in technology and resources to achieve these targets in the coming years.
CCL Industries president and chief executive officer Geoffrey Martin said: “This is a milestone on our journey towards making the Company a sustainability leader in our industry with responsible supply chain operations and innovative products for customers and consumers globally.”
Led by the Ellen MacArthur Foundation, New Plastics Economy aims to achieve a circular economy for plastic.
In 2018, the New Plastics Economy launched The Global Commitment to bring businesses and governments together to work towards transforming the production, use and reuse of plastic.
In October last year, consumer and professional products manufacturer Clorox signed the Ellen MacArthur Foundation’s New Plastics Economy Global Commitment.
Last month, CCL Industries signed a binding agreement to acquire pharmaceutical and medical device industries short-run folding cartons digital printer provider the Graphic West International (GWI), in a deal valued at around $36m, net of cash and debt.