The Annual Sustainability Report of global packaging industry leader PACCOR provides a transparent and detailed overview of the company’s sustainability work in each of its four strategic fields of action: Circularity, Alliances, Resources, and Employees. The report was compiled in accordance with the guidelines of the Global Reporting Initiative (GRI). In its first edition PACCOR details the Group’s non-financial goals and measures, which are core elements of its integrated sustainability strategy. In 2020, key focus areas of the PACCOR’s sustainability strategy included – among other things – the acceleration of the company’s improvements in sustainable plastic packaging, resource use, and climate change impacts.
“We are pleased that our first GRI complaint Sustainability Report is issued and covers the collective efforts and significant achievements from all businesses and legal entities within the PACCOR family,” explains Andreas Schütte, CEO of PACCOR. “In 2020, during an extraordinary year that was dominated by the global pandemic, we have achieved significant milestones, and we are proud to say that we are over-achieving in our commitments.”
During 2020, PACCOR identified further new circular materials as well as lighter weight solutions that will be commercialized during 2021. The company’s long-term partnership with Digimarc, recognized by the received Platinum Pioneer Plastics Partner status, allowed them to be the first packaging company to be able to commercially offer digital watermarks on thermoforms without printing to improve the detection and sorting of plastics by up to 100%.
Compared to 2019 as the reference year, the company reduced the cradle-to-grave carbon footprint intensity by 11% and increased the overall share of renewable electricity to 71%. For 2021, PACCOR has secured additional renewable electricity up to 86% of all electricity use, with 12 out of 15 sites running entirely on renewable electricity.
“Following our innovation roadmap, we will also continue to increase the overall recyclability of our products by replacing materials for which a recycled stream does not currently exist with materials that are easily recyclable or do not interfere with the overall recyclability of the final product. And as of Q1 this year we are replacing virgin fossil-based resins with even more PCR or biobased raw materials, supported by the ISCC+ certificate,” concludes Caterina Camerani, VP Group Sustainability at PACCOR.
PACCOR’s Sustainability Report 2020 is available online or listen in to our podcast episode for a summary. For the latest information updates on sustainability issues, please visit our website.
MEDIA CONTACT:
Sonja Teurezbacher
Vice President Group Communications & Marketing
communication@paccor.com