View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
March 1, 2021

Klöckner Pentaplast presents new Investing in Better sustainability strategy

High barrier protective packaging solutions manufacturer Klöckner Pentaplast (kp) has presented its new sustainability strategy to help deliver its goals.

High-barrier protective packaging solutions manufacturer Klöckner Pentaplast has presented its new sustainability strategy to help deliver its goals.

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.

Titled Investing in Better, the strategy consists of ten targets for the company in the long term.

The targets are grouped into three key objectives, notably Close the Loop, Work Smarter and Act Responsibly.

Through these objectives, Klöckner Pentaplast will commit to using more recycled material, closing the packaging loop, using less energy, decreasing carbon emissions, and ending landfill.

In addition to this, the company will improve employee engagement areas and safety.

Klöckner Pentaplast CEO Scott Tracey said: “Our new sustainability strategy is inextricably linked to our purpose ‒ the sustainable protection of everyday needs ‒ and sustainability has been a core value at Klöckner Pentaplast for many years.

“For the last three years, our Positive Plastics Pledge initiative helped advance our sustainability agenda and this new strategy serves as a roadmap to build and expand on the progress we’ve already made.

“Ultimately, Investing in Better will enable us to meet the long-term needs of our people, our communities and our planet. Based on our track record, Klöckner Pentaplast is well-positioned to deliver on these aims.”

The new strategy follows the completion of Klöckner Pentaplast’s capital structure refinancing.

Before Investing in Better, the company had been working on raising awareness of plastic waste and recycling.

It is also focused on developing the infrastructure, education and incentives around recycling plastic for a circular economy by collaborating with stakeholders.

Related Companies

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.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The packaging industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Packaging Gateway