EPL releases its second sustainability report

Focus on reduce, reuse and recycle goals

576
EPL
EPL's range of recyclable packaging with recyclass certification. Photo PSA

EPL (formerly known as Essel Propack) has released its second sustainability report, which outlines the company’s key initiatives and performance on sustainability.

The report captures qualitative and quantitative information about 19 operational locations in the US, Mexico, Colombia, Poland, Germany, Egypt, Russia, China, the Philippines, and India. Disclosures in the report have been mapped with the United Sustainable Development Goals and the government of India’s National Voluntary Guidelines for responsible business.

Sustainability
EPL’s second annual sustainability report. Photo PSA

It is my privilege to present EPL’s second Annual Sustainability Report for FY 2020-21. This report highlights our progress towards becoming a more responsible corporate citizen through actions for combating climate change, driving inclusive growth, social equality, support to communities within which we operate, while driving sustainable development through innovation in packaging. We have disclosed our sustainability commitments and targets for 2025 in this report. The commitments adopted will help drive a circular economy via 3-R (Reduce, Reuse & Recycle goals and reduce GHG emissions by 30% by 2025,” said Anand Kripalu, managing director and chief executive officer.

Some other companies to release sustainability reports are Koehler, Tetra Pak, KHS, Stora Enso, and more.

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 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