Sustainability is in Klabin's DNA, and to sustain its investments in these practices, the company recently (September 2017) raised funds in the international market through its first issue of green bonds amounting to around R$ 1.6 billion, maturing in 10 years. The company, which pioneered the adoption of sustainable practices, is a benchmark in sustainable development and its issue received the "High Standard" rating from consulting firm Sustainalytics. The offering drew significant investor interest, with demand exceeding the offer of green bonds sevenfold. Sustainability governance at Klabin is strongly structured and functions on four key pillars: Sustainability Committee; Sustainability Commission; Sustainability and Communication Department; and a working group on impacts of climate change, all with the mission to raise the level of transparency across the company and structure its actions. Click Read More below for additional detail.
Sonoco (NYSE: SON), one of the most sustainable global packaging companies, announced it has been pre-qualified for How2Recycle® Store Drop-off labels for the EnviroFlex™ PE line of mono-material flexible packaging products.
The EnviroFlex brand is part of Sonoco’s sustainable packaging portfolio, EnviroSense®, packaging with tomorrow in mind. Sonoco recognizes the critical importance of developing sustainable packaging solutions that will better protect and preserve the planet for future generations. The EnviroSense line supports Sonoco’s purpose of Better Packaging, Better Life.
EnviroFlex™, a suite of sustainable flexible packaging options, includes solutions focused on recyclability, compostability and the use of post-consumer recycled content. Within the offering of recycle-ready solutions, the following items have received the How2Recyle pre-qualification for the Store Drop-off recyclable label:
*EnviroFlex™ PE Premade Pouches and Rollstock *EnviroFlex™ PE Bags *EnviroFlex™ PE Cold Seal Flow Wrap
Within each of these product options are specific solutions available in pre-qualified structures including clear, opaque, and monolayer with high barrier options available. Securing this label for on-pack claims is the responsibility of the brand owner.
“As an industry leader in value-added flexible packaging, we take pride in our ability to develop solutions that meet the needs of our customers’ high speed filling lines and high barrier product protection while meeting consumers’ desires for more sustainable solutions,” said Russell Grissett, President Sonoco Flexible Packaging. “Receiving this pre-qualification label for Store Drop-off recycling is an important milestone in our journey, confirming our packaging will help brands reach their desired recyclability claims.”