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Compostable packages as well as new designs and technologies help CPG brands meet projected sustainable goals
January 18, 2023
Corporate leaders have identified a clear need to focus on technology for finding solutions to tackle global challenges and drive growth. Leading CEOs are already embedding sustainability into their businesses through launching new products and services for sustainability (63%), enhancing sustainability data collection across their value chains (55%) and investing in renewable energy sources (49%). Nearly half (49%) are transitioning to circular business models, and 40% are increasing R&D funding for sustainable innovation.
With the clean label trend now established, consumer interest increasingly is shifting to other aspects of clean food and drinks. Sustainability has emerged as a key driver, particularly with regard to packaging and plastics.
Consumers increasingly expect companies to invest in sustainability, and it's no longer just about recyclable packaging. It's about making the entire product lifecycle sustainable, from agricultural practices to resource-efficient factories, to food waste and packaging waste reduction.
Company sets target to reduce 35% of virgin plastic across beverage brands by 2025
September 16, 2019
PepsiCo's sustainable plastics vision is rooted in three pillars: Reducing the amount of plastics used, Boosting recycling rates, and Reinventing plastic packaging.
These ambitions build on the B Corp™ Certified brand's ongoing commitment to environmental transparency and accountability
July 25, 2019
To help in the shift toward a circular economy, Happy Family Organics commits to transforming its packaging in three ways: packaging designed for circularity, preservation of natural resources, and consumer education.