Annual Report 2018

Sustainability

We aim to provide sustainable packaging solutions, while taking into account people and planet.

Sustainability

Progress in

Sustainability

Since launching our long-term sustainability strategy vision for 2022 in 2017, we have been working  hard on our 14 5-year targets to improve the well-being of people and environment, create a more  sustainable supply chain and create sustainable packaging solutions. In 2018, we published our  very first digital Sustainability Update, in which we align the progress per target. In addition, many  new initiatives, related for example to circular packaging solutions and sustainable sourcing, were  started in 2018 and will be rolled out in 2019.  

Sustainability

Investments in

corrugated  

Since the end of 2017, the de-inking installation of our Pacapime corrugated cardboard production location in Halle, Belgium has been completely renewed and became fully operational in March 2018. Since September 2018, we no longer have to discharge our water and everything is purified internally and reused. With this 600,000 euro investment, we contribute to a clean environment.

Sustainability

Plastic recycling initiative

Together with our local partners, LC Packaging initiated a first-of-its kind waste recycling – or  rather ‘upcycling’ – project: GreenBANGLA. The aim of this initiative – co-financed by the German  Investment Corporation (DEG) and the Dutch Development Bank (FMO) – is to collect in-house  process waste which is processed back into granulate and sold in the local market. To help this  initiative succeed, we invested over € 750,000 in a state-of-the-art Starlinger Recycling Machine  and created 20 high-quality jobs in Bangladesh. All our new colleagues received extensive training.  In 2018 alone, we already recycled 650 mt of plastics. Our initiative in the media. We are proud that our GreenBANGLA initiative was recognised in the Dutch UN Global Compact SDG Progress Report (page 46).

cardboard

production

Sustainability

Increased

Container load

To reduce our CO2 footprint in 2018 – together with our production partners – we focused on more  sustainable container loading solutions. The idea is simple: If we can fit more packaging into one  container, we need fewer containers to ship our products. This project has led to some creative  solutions. For example, making small product adjustments to PP bags, creating 6% more container  capacity. And, our Leno bag bales have also been pressed more tightly, creating up to 20% more  loading capacity, and resulting in up to 25 fewer containers needed on an annual basis.