Global hygiene and health company Essity has set additional packaging targets aimed at reducing its environmental footprint.
One of the new targets states that 85 per cent of the company’s packaging is to be manufactured from renewable or recycled material by 2025.
The new targets are part of Essity’s commitment to the Ellen MacArthur Foundation’s plastic initiative, “A line in the sand.”
The commitment is aligned with Essity’s sustainability ambitions to improve the well-being of 2 billion people every day by 2030 and to reduce the environmental footprint of the company’s solutions by 33 per cent.
The announcement follows the release of the company’s annual and sustainability report for 2018, published in March.
Magnus Groth, president and CEO of Essity, said Essity’s objective is to develop products and services that contribute toward a sustainable and circular society.
“In 2018, we strengthened our brands through successful innovations, improved our product mix, implemented price increases and intensified efficiency improvements and restructuring measures.
“We took actions in all parts of the business to increase profitability and offset the negative impact on earnings of the significantly higher raw material and energy costs.
“The work to contribute to a sustainable and circular society was rewarded. We qualified for inclusion in the Dow Jones Sustainability Index and were named industry leader in the Household Products sector.
“External factors made 2018 a challenging year, but with a strong customer focus and hard work we strengthened the business for the future.”
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