FMN | March 28th, 2022

Meyers Joins Climate Pledge

Meyers, a national provider of branded packag- ing, product labeling, and retail in-store display solutions for global brands, has joined The Climate Pledge alongside 300 other businesses, including Amazon, BestBuy, PepsiCo, Procter & Gamble, Uni- lever, Nespresso, Quorn, and others. The Climate Pledge is a commitment to net zero carbon by 2040 that forms a cross-sector community of companies and organizations, working together to crack the climate crisis and solve the challenges of decarbonizing our economy. The Climate Pledge was co-founded by Amazon and Global Optimism in 2019, and it calls on signatories to be net zero carbon across their businesses by 2040. Companies and organizations that sign the Pledge commit to three areas of action: • Measure and report greenhouse gas emissions on a regular basis; • Implement decarbonization strategies in line with the Paris Agreement through real business changes and innovations, including efficiency im- provements, renewable energy, materials reduc- tions, and other carbon emission elimination strat- egies; and • Neutralize any remaining emissions with ad- ditional, quantifiable, real, permanent, and social- ly-beneficial offsets to achieve net zero annual car- bon emissions by 2040. Avery Dennison Acquires Catchpoint’s Linerless IP Avery Dennison Corporation has acquired the lin- erless label technology developed by Catchpoint Ltd, a UK company based in Yorkshire, England. The purchase covers Catchpoint’s patents, brand, trade secrets and know-how. Arrangements have been made to ensure the continued support of the Catchpoint team. Under the agreement, Avery Den- nison will honor Catchpoint’s existing commercial agreements. “With the acquisition of Catchpoint, Avery Denni- son will have intellectual property that helps us ful- fill two of our main 2030 sustainability goals: to de- liver innovations that advance the circular economy, and to reduce environmental impact in operations and technology,” said Noel Kasmi, VP Marketing, Av- ery Dennison Label and Packaging Materials EMEA. A key strategic priority for Avery Dennison is to innovate in the area of more sustainable product solutions.

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14 March 28, 2022 Flexo Market News

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