Growing recognition of the environmental impact of plastics and packaging materials has prompted the need for a transition towards circularity. Despite obstacles, progress has been made through innovations in material science and recycling technologies, underscoring the importance of collaboration among stakeholders in accelerating the transition towards circular packaging and sustainability.
The SEC’s proposed climate disclosure ruling mandates manufacturers and industrial companies to disclose greenhouse gas emissions, climate-related risks, and mitigation strategies, fostering transparency and accountability. This heightened scrutiny may drive investments in sustainable practices, enhance investor confidence, and position companies for competitive advantage in a rapidly evolving marketplace.
For some food & beverage manufacturers, sustainability can be viewed as a compliance and cost-increasing measure. However, the most successful companies in the space are leaning into sustainability and finding new ways to unlock value.