London (ots/PRNewswire) - Klöckner Pentaplast (kp or the company), a
leading global manufacturer of high barrier protective packaging
solutions with industry-leading use of recycled content, today
announced the launch of its new sustainability strategy, 'Investing
in Better'. This follows on from the recent announcement of the
successful completion of kp's entire capital structure refinancing,
which is the first of its kind to incorporate an ESG-Ratchet Linked
Term Loan marketed to U.S. investors.
With the new 'Investing in Better' sustainability strategy, the
company has set itself ten clear targets for long-term improvement
grouped into three key objectives: Close the Loop, which commits kp
to using more recycled material, closing the packaging loop and
taking every opportunity to make packaging recyclable. Work Smarter
encompasses targets that focus on using less energy, cutting carbon
emissions and ending landfill. And Act Responsibly, builds on the
cornerstone of kp culture of continuous improvement in the areas of
employee engagement, safety, and will enable kp to become a more
diverse and inclusive company.
kp CEO Scott Tracey said: "Our new sustainability strategy is
inextricably linked to our purpose, the sustainable protection of
everyday needs, and sustainability has been a core value at kp for
many years. For the last three years, our 'Positive Plastics Pledge'
initiative helped advance our sustainability agenda and this new
strategy serves as a roadmap to build and expand on the progress
we've already made. Ultimately, 'Investing in Better' will enable us
to meet the long-term needs of our people, our communities and our
planet. Based on our track-record, kp is well-positioned to deliver
on these aims."
Prior to the launch of 'Investing in Better', kp drove key
initiatives to raise awareness of the value of plastic waste and
recycling, and opportunities to work closely with stakeholders to
develop the infrastructure, education and incentives around recycling
plastic for a circular economy.
Adam Elman, kp Group Director of Sustainability, adds: "We recognise
that the environmental and social challenges of today call for more
urgent action and a broader, science-based plan. Just in the last
year, the global pandemic has triggered many profound changes and
exposed significant global inequities. It's critical that we're
embarking on this journey now, expanding beyond our recycling
efforts. Going forward, our commitments now include the continuation
of work to raise awareness and collaborate with key stakeholders on
recycling for a circular economy, as well as reducing our carbon
footprint, supporting the communities where we live and work,
becoming more diverse and inclusive as a company, and ensuring a safe
environment where all kp colleagues can thrive."
About Klöckner Pentaplast
Focused on delivering its vision: The Sustainable Protection of
Everyday Needs, kp is a global leader in rigid and flexible
packaging, specialty film solutions, serving the pharmaceutical,
medical device, protein markets, amongst others. With a broad and
innovative portfolio of packaging and product films and services, kp
plays an integral role in the customer value chain by safeguarding
product integrity, improving sustainability and protecting brand
reputation. Founded in 1965 kp has 31 plants in 18 countries and
employs over 5,900 people committed to serving customers worldwide in
over 60 locations. For more information visit www.kpfilms.com.
Digital press kit: http://www.ots.at/pressemappe/PR153516/aom
Aktien auf dem Radar:Telekom Austria, Zumtobel, Rosenbauer, FACC, Marinomed Biotech, Kapsch TrafficCom, voestalpine, Verbund, Palfinger, ATX, ATX Prime, ATX TR, OMV, AB Effectenbeteiligungen , Cleen Energy, startup300, SBO, Amag, SW Umwelttechnik, Oberbank AG Stamm, Bawag, CA Immo, RBI, Semperit, S Immo, UBM, Wienerberger, Warimpex.
Die VBV-Gruppe ist führend bei betrieblichen Vorsorgelösungen in Österreich. Sowohl im Bereich der Firmenpensionen als auch bei der Abfertigung NEU ist die VBV Marktführer. Neben der VBV-Pensionskasse und der VBV-Vorsorgekasse gehören auch Dienstleistungsunternehmen wie die VBV-Pensionsservice-Center, die VBV-Consult, die VBV-Asset Service und die Betriebliche Altersvorsorge-SoftWare Engineering zur VBV-Gruppe.
>> Besuchen Sie 62 weitere Partner auf boerse-social.com/partner
Mehr aktuelle OTS-Meldungen HIER