Michael Finger, spokesman of the Board of Management of technotrans, speak about the company’s promoting human rights and environmental protection
A clear commitment to sustainability and human rights, technotransis part of the UN global compact, the world’s largest and most important initiative for sustainable and responsible corporate governance. Decisive factors for membership are the company’s sustainable strategic orientation and its actions in line with ethical standards. As part of its new group strategy, ‘Future Ready 2025’, the thermal management specialist aims to expand its measures in the area of climate and environmental protection.
“By joining the UN Global Compact, we are sending out another important signal that underscores the consistent expansion of our sustainability activities. The principles of the UN global compact have long underpinned our actions, and we also want to build our future corporate success on high social standards and in harmony with environmental and climate protection,” emphasizes Michael Finger, spokesman of the Board of Management of technotrans.
technotrans’ wise step towards sustainability
The company’s commitment to sustainability is a key aspect of its new corporate strategy, ‘Future Ready 2025’. As part of this, technotransformed, among other things, the new sustainability management division to improve the group-wide carbon footprint.
As a member of the UN global compact, the company visibly supports compliance with the ten principles on human rights, labor standards, environmental protection, and anti-corruption internationally. technotrans regularly presents the progress made within these fields of action in annual reports.
By joining, the Sassenberg-based technology group has become part of a global network that now comprises some 19,000 participating companies from around 170 countries. This makes the UN global compact the world’s largest sustainable and responsible corporate governance initiative.
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 grown 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 and to inspire and mobilize our editorial and advertising teams!
