Aptar has received a platinum level rating from EcoVadis for its sustainability efforts towards the planet
Aptar has received a platinum level rating from EcoVadis for its sustainability efforts towards the planet

Aptar has received the Platinum level rating to recognize its sustainability efforts from EcoVadis. The Platinum rating places Aptar among the top 1% of the nearly 85,000 companies rated by EcoVadis across all industries.

“We are extremely pleased that we have achieved Platinum status from EcoVadis. This is a testament to our achievements in the areas of environmental stewardship, labor, and human rights, ethics, and sustainable procurement,” said Stephan B Tanda, President and chief executive officer at the company. “I would like to thank all Aptar team members for propelling us forward in these key areas, demonstrating our unwavering commitment to care for our planet, and proactively driving towards a more circular economy.”

Platinum level rating is rewarding for Aptar

EcoVadis has grown to be a trusted provider of business sustainability ratings. Its methodology is built on international sustainability standards, including the Global Reporting Initiative, the United Nations Global Compact, and the ISO 26000, covering 200+ spend categories and 160+ countries. The Sustainability Scorecard illustrates performance across 21 indicators in four themes – environment, labor and human rights, ethics, and sustainable procurement.

“EcoVadis’ Platinum status is certainly a major accomplishment for Aptar as we have progressed year by year. Witnessing the journey over the past eight years from Bronze to Gold and now to Platinum is extremely rewarding. This result further proves our passion for, and commitment to, sustainability throughout our entire organization,” said Beth Holland, vice president, Global Sustainability.

 

Packaging South Asia — resilient, growing and impactful — daily, monthly — always responsive

The multi-channel B2B in print and digital 17-year-old platform matches the industry’s growth trajectory. The Indian, South Asian, Southeast Asian, and Middle East packaging industries are looking beyond the resilience of the past three years. They are resuming capacity expansion and diversification, with high technology and automation in new plants and projects.

As we present our 2024 publishing plan, India’s real GDP growth for the financial year ending 31 March 2024 will exceed 6%. The packaging industry growth will match the GDP growth in volume terms and surpass it by at least 3% in terms of nominal growth allowing for price inflation in energy, raw materials, consumables, and capital equipment.

The capacity for flexible film manufacturing in India increased by 45% over the past four years. With orders in place, we expect another 20% capacity addition in 2024 and 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels are growing similarly. As the consumption story returns over the next six months, we expect demand to return and exceed the growth trajectory of previous years. The numbers are positive for most of the economies in the region – and as shown by our analytics, our platform increasingly reaches and influences these.

For responsible and sustainable packaging, with its attendant regulations and compliances, there is significant headroom to grow in India and the region. Our coverage includes the entire packaging supply chain – from concept to shelf and to waste collection, sorting, and recycling.

We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers. This is a large and complex canvas – the only thing that can work is your agile thinking and innovation together with our continuous learning and persistence.

The coming year looks to be an up year in this region, and this is the right time to plan your participation and marketing communication – in our rich and highly targeted business platform with human resources on the ground. Share your thoughts and plans to inspire and mobilize our editorial and advertising teams!

For editorial info@ippgroup.in — for advertisement ads1@ippgroup.in and for subscriptions subscription@ippgroup.in

– Naresh Khanna (25 October 2023)

Subscribe Now
unnamed 1

NEWSLETTER

Subscribe to our Newsletter

LEAVE A REPLY

Please enter your comment!
Please enter your name here