Pregis Achieves Significant Milestones in 2023 Sustainability Report
Thursday, July 11, 2024 10:45 am
CHICAGO (News release) -- Pregis®, a leading global manufacturer of protective packaging, mailing and bagging, and flexible packaging solutions, published its 2023 Sustainability Report highlighting its commitment to minimizing environmental impacts. The report details actions and results achieved in 2023, significantly advancing the company's progress toward its 2K30 objectives. These goals are an extension of the Pregis Purpose to Protect, Preserve and Inspyre, which serve as the cornerstones of the company's value system. Here are a few highlights from the 2023 Report:
Pregis continues to invest in developing innovative products that support a circular economy. The company launched an industry-first 80% post-consumer recycled content (PCR) high-pressure inflatable cushioning product and a first-to-market Polyethylene (PE) Foam solution made with Certified Circular resins. In support of its zero waste goal across all operations, the company launched four 'zero waste flagship' facilities, investing in developing a blueprint for zero waste manufacturing. Pregis received third-party verification on emissions reporting with limited assurance across all scopes, further enhancing the accuracy and credibility of its carbon footprint data and enabling a focused approach to decarbonization. These are just a few examples of how Pregis assists customers in reaching their sustainability goals and staying in compliance with stricter environmental standards. "At Pregis, our commitment to sustainability is driven by our dedicated people and a shared vision. Every achievement begins with our team, who are redefining sustainable packaging design to tackle customer challenges and create value across the entire value chain. This past year, their passion and innovation have propelled us closer to our 2K30 goals while positively impacting our communities. We remain steadfast in our mission to Protect, Preserve, and Inspyre, continuously pioneering sustainable solutions that benefit our planet and inspire change within our industry," explains Kevin Baudhuin, Chairman and CEO of Pregis. Pregis created stakeholder value through new opportunity creation with customers by improving their sustainability results. At the Pregis IQ Innovation Headquarters, a team of engineersconducted 271 customer projects focused on reducing damage, redesigning sustainable packaging and enhancing packing efficiency. Additionally, Pregis has supported over 50 customers in making data-driven decisions by providing custom life cycle assessments (LCAs). Moreover, through the donation of Pregis Inspyre product sales, employee contributions, and company matching, Pregis surpassed $1 million in donations to philanthropic organizations, including Uzima Clean Water Mission, which aims to make clean water affordable and attainable worldwide. The full report is available for download Pregis 2023 Sustainability Report.
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