From compostable to recyclable: How companies are improving ESG goals with sustainable packaging

06-Nov-2023 - Last updated on 07-Nov-2023 at 23:24 GMT

CPG companies are making progress on ESG goals with the help of more sustainable packaging formats created with recycled or compostable plastic, which will be the focus of two sessions during the 2023 FoodNavigator-USA Futureproofing the Food System virtual summit.

Over the last year, many CPG companies invested in or released greener packaging formats, while others made sustainability goals for the future. Earlier this year, The Kraft Heinz Company announced its plans to reduce the use of virgin plastic from its portfolio by 20% by 2030, using a combination of new packaging types or eliminating plastic from products, most notably in its plastic removal from SHAKE 'N BAKE bags.

More recently, Nissin Foods announced it is switching Cup Noodles packaging from its current polystyrene cup to a new paper cup design, which will roll out to all flavors in 2024. The new cups, which won't require plastic wrap, are made from 40% recycled fiber and the sleeves are made from 100% recycled paper, according to the company's press release.

Meijer also revealed that it’s the first retailer nationwide to carry Earthbound Farm Organic Mini Peeled Carrots in compostable bags. The packaging is made from 100% renewable sources of canola and soy and is certified-compostable by TUV.

CPG companies have made progress in adopting more sustainable packaging types, but switching from one packaging type to another isn’t a straightforward process and requires an understanding of what's best for the consumer and the planet.

To discuss these challenges and opportunities of sustainable packaging, the 2023 FoodNavigator-USA Futureproofing the Food System virtual summit, which takes place Nov. 14-16, will feature two discussions on different aspects of the topic. Attendance is free with registration. Click here to register.

The session, Circular Economy, will take place on the last day of the event and include:

Sustainable Packaging: Balancing the Health of the Planet & People
Making the most of biodegradable packaging: Strategies for overcoming infrastructure limitations, boosting consumer participation

To learn more about the speakers for each session, make sure to visit the Futureproofing the Food System website and register here to secure your seat.

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