Sustainable packaging business ramps up commitments to meet challenges of changing world
DS Smith has already replaced 762m problem plastics with fibre-based alternatives since 2020. (Credit: DS Smith)
Leading provider of sustainable packaging solutions DS Smith has raised the ambitions of its Now & Next Sustainability Strategy to accelerate the transition to a low-carbon, Circular Economy.
Partnering with its customers, DS Smith has already replaced 762m problem plastics with fibre-based alternatives since 2020, and created more than 30,000 circular-ready projects through its industry-leading Circular Design Metrics.
In tandem, and in line with its goals to decarbonise, this year DS Smith reduced CO2 emissions by 10 per cent (15 per cent compared to 2019), as well as achieving a 4 per cent reduction in water abstraction within paper mills in areas at risk of water stress. Since Now & Next launched, the business has met nine of its 26 targets, with an additional three targets tracking ahead of schedule.
Reinforcing these achievements to meet the challenges set by the changing world around us, the business has now raised its ambition with a set of focused targets, to accelerate progress. Created with independent experts, the new Now & Next commitments will prioritise circularity, accelerate the journey to Net Zero, and strengthen the business’ focus on people & communities, and nature.
Group Chief Executive, Miles Roberts, commented: “We have made good progress with our Now & Next Sustainability Strategy, but the world around us demands that we all do more. That is why we are taking action today to ensure our commitments deliver at pace in a rapidly changing world, and accelerate our transition to a low carbon, circular, economy.”
Source: Company Press Release