Novolex® released its fourth annual sustainability report, detailing progress towards its greenhouse gas reduction target and other environmental, social and governance (ESG) commitments. The 2021 Novolex Sustainability Report highlights Novolex’s expanded new target for greenhouse gas (GHG) reductions from operations — 30% by 2030. The new goal came after the company in 2021 met its original commitment to reduce GHG emissions by 2025. Emissions-related data were verified by a third party. This year’s report also includes a new metric, aligned with Sustainability Accounting Standards Board guidance, sharing that 78% of applicable revenues derive from products that can be recycled, composted or reused.
Taking a quantum leap forward in reducing weight in packaging, Amcor Rigid Packaging (ARP) (NYSE: AMCOR) has developed a revolutionary two-step, lightweighting technology that eliminates more than 50% of the material and weight in the finish of the bottle. A leader in developing technology that produces more sustainable packaging options, ARP’s new Quantum™ technology for polyethylene terephthalate (PET) bottles delivers sustainability benefits, lowers cost, and improves packaging appearance.
By removing more than 50% of the material and weight from the finish, the new Quantum™ technology reduces manufacturing costs and GHG emissions, resulting in energy savings and lower carbon emissions compared to bottles with a traditional finish. Quantum™ technology also allows for up to 100% recycled material use and provides a superior consumer experience with a more sustainable, fully recyclable package.
“Our customers and consumers alike are looking for ways to support the circular economy and eliminate waste, and our engineers have developed a new technology that meets their needs and advances more sustainable packaging,” said Terry Patcheak, vice president of R&D, Sustainability and Project Management at ARP. “We’re helping our customers support source reduction, reduce material use and reduce weight, which means a lighter and more sustainable package.”
Initially developed for the spirits industry, the Quantum™ optimized finish technology can be used for packaging in multiple segments including healthcare, home and personal care, food and dairy.
PET, which has rapidly become the world’s preferred packaging material, is lightweight, shatterproof, reclosable, resealable, reusable, and infinitely recyclable. In addition, PET bottles often have the lowest carbon footprint, and their production results in up to 70% fewer greenhouse-gas emissions than other packaging materials, according to Amcor’s lifecycle analysis.