The development of a recycling infrastructure for packaging waste is a longer-term goal, which will be needed in order to more efficiently utilize raw materials and support circularity and by that a more sustainable future for our globe. What is surprising, is the currently lacking sorting of used food packaging in fast food restaurants, as typically all trash is placed into the same bin.
Digitalization is used to create revenue, improve business, and to replace and transform business processes. Digital solutions offer tools for more competitive ways to run business. Digitalization is increasingly utilized to reach a higher sustainability performance and to meet the requirements of increased visibility and transparency in the end-to-end supply chain. A digitalization strategy is needed to deploy the full potential of digitalization, also in terms of sustainability.
Investing with consideration to issues beyond financial returns, or active ownership, has become widespread during the past decade. ESG investing implies investments that simultaneously seek both positive returns and positive impact on society and the environment considering ethical, governance and sustainability issues. Change has been driven simultaneously by regulators, clients, companies as well as asset managers.
China’s strive for sustainability has recently caused major turbulence in the pulp and paper industry. The waste paper import ban has shifted global trade flows while a potential complete ban in 2020 would further impact fibre availability and prices.
Continuous improvement and operational excellence are often marketed as solutions to cope with tightened profitability, but identification and prioritization of actions is the key for efficient improvement.
The growing e-commerce will not only increase the demand for packaging, but it is changing the packaging solutions for good. What will be the most important characteristics of packaging when the competition is not on the shelf in a retail store?