Board Converting News, June 2, 2025

CPGs, Retailers Struggle To Meet Environmental Goals BY GREG KISHBAUGH A number of CPGs and retailers have jettisoned or modified previously announced sustainability goals. PepsiCo has reworked its sustainable packaging targets, along with other sustainability goals across the business. The company decided to cancel its reuse targets, among other changes. The company launched its PepsiCo Positive (pep+) sustainability strategy nearly four years ago, in September 2021. While noting prog-

FINAT Label Competition Names Winners This year’s FINAT Label Competition awards ceremony was held May 21 on the occasion of the FINAT European Label Forum in Amster- dam, Netherlands. The competition attracted a total of 184 entries, with 47 companies and 21 countries from all over the world participating.

Best in Show Winner Sancak Etiket , Türkiye for Nicea Olive Oil Group Winners The joint winners of the Marketing/End Uses Group are: Sancak Etiket , Türkiye for Nicea Olive Oil. Multi-Color Corporation North America Wines , USA for Single Malt. The winner for the Printing Processes Group is Çiftsan Label and Packaging Com- pany , Türkiye for Royal Caviar Shampoo The winner of the Non-Adhesive Applica- tions Group is Optimum Group BV , The Neth- erlands for Best Moments Macarons. The Innovation Group so often presents new ways of offering solutions to perceived problems in many industrial sectors using la- bel technology. The winner is: Schreiner Group GmbH & Co.KG , Germany for Smart Syringe Box. Judges’ Award A Special Judges Award was given to three companies:

ress toward the goals since implementation, the company also says the revamp accounts for “external realities” that drag down advancement. PepsiCo is sunsetting its packaging reuse target. Previously, it aimed to scale new reuse models, striving to deliver 20 percent of all beverage servings sold via reusable models by 2030. The company now says it will simply continue to track reusability in its reusable, recy- clable or compostable packaging goal. The company discontinued the goal of trying to reduce absolute tonnage of virgin plastic derived from non-renewable sources by 20% by 2030. The company now wants to reduce virgin plastics by 2 per- cent each year through 2030. This goal tracks primary plastic packag- ing in key markets. The company aims for 97 percent of its portfolio to be RRC by 2030, a change from 100% recyclable, compostable, biodegradable or reus- able by 2025. PepsiCo now strives to use 40 percent or more recycled content in its plastic packaging by 2035, compared with the previous goal of 50 percent by 2030.

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June 2, 2025

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