UPM Raflatac takes extensive action in the circular economy

Global pressure sensitive label manufacturer UPM Raflatac has worked hard to embrace the circular economy and sought a way to measure performance. The company tested the Ellen MacArthur Foundation’s Circulytics tool and received an overall score of B, indicating that UPM Raflatac has made great strides in enabling circularity but still has work to measure output as a supplier in the packaging value chain. Companies worldwide are increasingly adopting the circular economy as an opportunity to create thriving businesses that meet the challenges of global issues such as climate change and pollution. As a leader in sustainable labeling, UPM Raflatac is concerned with the circular economy. Still, the company does not just talk the talk, it walks the walk, the company said in a press statement. Circulytics is a tool that allows organizations to assess how circular they currently are via a broad set of metrics that deliver a company-level score. This score, alongside insights and analysis from the Ellen MacArthur Foundation, helps businesses understand the extent of their success in adopting circular economy business…

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