Plastics will continue to play an essential role in the future economy, especially in protecting our food and other valuable goods. In order to serve their purpose and not end up in the environment, we need to move away from a linear economy to a circular economy. Taking the lead towards a circular business is our way of protecting people and our planet. To achieve sustainable growth, we developed the PACCOR CARE strategy in alignment with the UN Sustainable Development Goals.
Our goal is to achieve recyclability in practice and at scale for all of our products by 2023, ahead of the EU timescale. Being ahead is a way of ensuring differentiation versus competitors and long-term survival in the market. By constantly driving towards ambitious and well-communicated goals together with our business partners, we are implementing the required business transition for our own business and our supply chain. We know that this change is the right step on behalf of future generations.
For PACCOR, sustainability means creating common values for all our stakeholders. To lead the transformation towards a circular economy, sustainability is our driver for growth, innovation and productivity. To achieve sustainable growth in all areas, we are committed to the personal development and empowerment of our employees. Together, we want to protect people and our planet through our CARE strategy (Circularity, Alliances, Resources and Employees).
CARE is about responding quickly to existential challenges through business innovation and breakthrough solutions for our customers. It is about creating a culture that cares about all the materials we use, eliminating waste and reducing variable costs. It is about realising our vision with safe, committed, diverse and capable employees for the benefit of society. It is about working along the value chain and with organisations to create sustainable value for all our stakeholders and to deliver the necessary change, at scale.
Our target is 15% more efficient resource use by 2025, measured as relative carbon footprint reduction compared to 2019.
PACCOR Polska was awarded the EcoVadis Gold Medal for 2019 and is now recognised as one of the top 5% enterprises in the sustainable manufacturing of plastics packaging worldwide.
In 2019, 80% of our sites were involved in social projects to improve the local environment and communities.
As of 2019, all our factories have circular cooling water loop systems, bringing our impact on water bodies to a minimum.
Starting in 2019, we have included lifecycle assessment in a range of processes and in support of our value proposition.
We have committed to run all our production and nonproduction sites on 100% renewable electricity by 2023.