Amcor has pledged to develop all its packaging to be recyclable or reusable by 2025.
The company is also significantly increasing its use of recycled materials and driving consistently more recycling of packaging around the world.
“Our aspiration is to be the leading global packaging company,” said CEO Ron Delia.
“That means winning on behalf of the environment, customers, consumers, shareholders and our people at the same time, in ways that differentiate Amcor and generate growth.”
The action joins Amcor with 10 brands and retail companies making the same 2025 commitment, in collaboration with the Ellen MacArthur Foundation (EMF).
Most of those companies are Amcor customers.
EMF estimates that the companies together influence more than six-million metric tons of plastic packaging each year.
Packaging is vital to assuring the safety and effectiveness of an extensive range of food, beverage, medical, pharmaceutical, household and personal-care products.
It also significantly limits the enormous environmental implications from food and other product waste.
Delia said most of Amcor’s packaging today is developed to be recyclable and reusable, and is being designed to use less material in the first place.
The U.K.-based Ellen MacArthur Foundation’s mission is to accelerate the world’s transition to a circular economy, in which plastics and other resources are used repeatedly.
Amcor is the only packaging company among core partners to EMF and the foundation’s New Plastics Economy initiative.
Delia added that some of the biggest challenges to recyclable and reusable packaging remain, and will be overcome through leadership and innovation, in partnership with customers, suppliers, government agencies, NGOs and others.
