Amcor accelerates industry leadership towards more sustainable packaging
Thursday, January 28, 2021 11:45 am
ZURICH (News release) -- Three years after leading the packaging industry in embracing the challenge of having all of its packaging be reusable or recyclable by 2025, Amcor is laying out its roadmap to continue to meet and accelerate its sustainability aspirations. Amcor is applying a three-pronged approach to creating a responsible, more sustainable packaging system. The company is innovating products to be recycled or reused, collaborating with others to make recycling widely available and informing consumers about how to participate in keeping waste out of the environment. Innovating Amcor invests $100m every year in research and development (R&D) to ensure a world-beating pipeline of innovations that tackle the biggest technical and practical barriers to packaging. This commitment to R&D has produced remarkable results: just this year Amcor released its new AmLite HeatFlex solution for retort packaging - the world's first recyclable pouch for goods such as pet food and microwaveable soups. More broadly, the impact on Amcor's portfolio can be seen in its sales, with $7.7bn and growing in Amcor revenue generated from packaging that meets recyclability guidelines. Highlights include:
Where technology already exists, Amcor works to increase sustainability related features - such as reducing weight, which decreases the product's CO2 impact - and offers customers alternative solutions. The company also produces packaging made from multiple materials - including paper and paperboard, aluminium and resins - so that more and more of our packaging is recyclable wherever the right infrastructure is in place. Collaborating Just like the most innovative mobile devices do not reach their full potential without 4G or WiFi networks, effective waste management infrastructures are critical to prevent packaging from ending up in the environment. Where governments have dedicated the right attention, governance and attention to recycling infrastructure, positive outcomes for the environment have been achieved. To address this issue at scale and improve consistency of infrastructure across the world, Amcor collaborates with expert groups to run pilot programs, align standards, and advise on how to expand and improve waste management and recycling infrastructure so that more that can be recycled is recycled. Highlights:
Informing Amcor works with its customers to improve consumer understanding and participation in recycling and reuse. Company research has revealed consumer confusion regarding recycling labels - which impacts recycling rates. Through product innovation, Amcor is also increasing its use of PCR and post-industrial resin (PIR) - which proves the effectiveness of recycling to consumers and reduces the use of virgin plastic, despite a global shortage in PCR supply. Highlights:
David Clark, Amcor's Vice President for Sustainability said: "The progress that we have made since we became the first packaging company to commit to the 2025 target is remarkable and is a tribute to Amcor's absolute focus on reducing waste and improving sustainability. Although we're not finished yet, our results to date speak for themselves - Amcor is still leading the industry and addressing the challenges of recyclability with innovation, collaboration, and information."
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