ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Essity Annual and Sustainability Report: Recycling and Less Plastic Use

By: 3BL Media

SOURCE: Essity

DESCRIPTION:

To reduce waste arising from Essity’s production and after use, we are developing products and packaging containing less fossil-based plastic and more circular solutions.

Production waste

Resource efficiency and the reduction of waste are important in Essity’s production facilities and the target is that all production waste will be subject to material and energy recovery by 2030. Recycling or extracting energy from the waste instead of sending waste to landfill reduces greenhouse gas emissions. For example, recovered material from tissue manufacturing can be used as raw material for other industries, such as the construction industry.

Waste after use

Our services are constantly improving and new designs are utilized to reduce waste, and thereby cut greenhouse gas emissions. Essity aims to increase the use of renewable materials and new reusable products. We carry out circularity assessments as part of the innovation process to obtain a better understanding of how waste can be avoided after use. Examples include TENA SmartCare, where product use is optimized and waste reduced, and Tork PaperCircle, where used paper hand towels are collected and recycled to become new tissue products. Most of our packaging is recyclable and we are working to optimize other packaging. We are reducing and replacing fossil-based plastic in our packaging and products with renewable or recovered materials. We are working to develop smarter designs and innovative plastic materials to reduce environmental impact. Together with our suppliers, we are focusing on increasing the share of renewable and recovered plastic in our packaging. We also strive to broaden collaboration with our customers to further strengthen understanding of how their sustainability strategies and targets can be supported. We are cooperating with customers, consumers, suppliers and other societal partners to identify more sustainable and circular solutions. A challenge in many markets is the lack of infrastructure for collecting used packaging or products. Essity therefore supports national initiatives for large-scale recycling of packaging.

1Packaging is recyclable using existing infrastructures.

Partnerships and collaboration

We are taking part in discussions with actors throughout the value chain to promote the implementation of waste systems that promote circularity, including the CGF, Edana, Ellen MacArthur Foundation and RecyClass. In 2021, Essity joined the Digital Watermarks Initiative HolyGrail 2.0, which is striving to introduce a digital watermark to improve sorting and to increase the recycling rate of plastic packaging in the EU. An invisible watermark on packaging helps waste sorting facilities to identify the type of plastic and sort it correctly. 

Memberships

Essity’s membership of the Ellen MacArthur Foundation provides scope to share, learn and put into practice ideas for increased circularity, and to jointly pursue societal change. We are part of the New Plastic Economy initiative, which is aligned with and impacts external prerequisites for Essity’s target to ensure that all packaging is 100% recyclable and to increase the use of recovered plastic by 2025.

Through CGF’s Coalition of Action on Plastic Waste, Essity works together with customers, other companies and organizations to jointly reduce plastic waste and strive to improve social systems, so no plastic waste is disposed of in nature. 

Download the Essity Annual and Sustainability Report 2021 here

Learn more about Essity here

Tweet me: Learn about @essity and their efforts to reduce waste and develop products and packaging that contain less fossil-based plastic and more circular solutions. Download the Annual and Sustainability Report 2021 here: https://bit.ly/37BHuuf

KEYWORDS: Essity, STO: SCA-A, ellen macarthur foundation, The Consumer Goods Forum, Tork PaperCircle

Woman disposing of a hand towel. Production waste Subject to material or energy recovery Target 2030: 100%Resource efficiency and the reduction of waste are important in Essity’s production facilities. The target is that all production waste will be subject to material and energy recovery by 2030, which reduces greenhouse gas 2019 2020 2021 emissions. Packaging Share of packaging manufactured from renewable and/or recycled material Target 2025: 85%Essity is striving for 85% renewable and/or recycled material in the company’s packaging. Thi Ellen MacArthur Foundation The Consumer Goods Forum

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.