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United States Siegwerk publishes 2023 sustainability report
Siegwerk, a global provider of printing inks and coatings for packaging applications and labels, has presented its Sustainability Report 2023, showcasing the company’s dedication to transforming Siegwerk to a truly sustainable business.’
In the 2023 Sustainability Report, Siegwerk provides a comprehensive overview of its sustainable business strategy “HorizonNOW”, including details on its 2025 sustainability targets and progress from 2020 to 2022.
Through quantitative metrics, Siegwerk transparently presents its achievements, challenges, and initiatives across all focus areas, including qualitative milestones for 2023. “Siegwerk’s commitment to sustainability extends beyond mere compliance; we are weaving it into the fabric of our corporate ethos”, says Siegwerk’s Head of Global Sustainability and Circular Economy, Alina Marm.
Key highlights
Innovating for safe and circular inks & coatings: Siegwerk provides insights on its product innovations and processes that enable converters and brand owners to achieve their functional, safety & sustainability targets. In 2022, Siegwerk was a three-time winner of the Sustainability Awards by Packaging Europe for the product series UniNATURE and de-inking plastics solutions.
Comprehensive Climate Action: With the ambitious target of being net-zero by 2050 (a target validated by the Science Based Target Initiative), Siegwerk showcases what is being done today to achieve this goal. Between 2020 and 2022, Siegwerk achieved a nine percent decrease in scope 1 and 2 greenhouse gas emissions from the baseline year 2020.
Global Alignment: Insights on how Siegwerk aligns with the United Nations Sustainable Development Goals (SDGs) and the Paris Agreement on climate change.
Stakeholder Engagement: Collaboration is at the heart of Siegwerk’s sustainability efforts. Siegwerk actively seeks feedback from its stakeholders, including customers, partners, and the public. Explore current collaborations, like Siegwerk’s global social development program with SOS Children’s Villages, and find out how to get in touch.
This report reflects Siegwerk’s leading position to drive innovation in safe, circular, and digital packaging solutions. By working closely with its customers, brand owners, and other vital partners, Siegwerk aims to shape the future of sustainable packaging.
Packaging South Asia — resilient, growing and impactful — daily, monthly — always responsive
The multi-channel B2B in print and digital 17-year-old platform matches the industry’s growth trajectory. The Indian, South Asian, Southeast Asian, and Middle East packaging industries are looking beyond the resilience of the past three years. They are resuming capacity expansion and diversification, with high technology and automation in new plants and projects.
As we present our 2024 publishing plan, India’s real GDP growth for the financial year ending 31 March 2024 will exceed 6%. The packaging industry growth will match the GDP growth in volume terms and surpass it by at least 3% in terms of nominal growth allowing for price inflation in energy, raw materials, consumables, and capital equipment.
The capacity for flexible film manufacturing in India increased by 45% over the past four years. With orders in place, we expect another 20% capacity addition in 2024 and 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels are growing similarly. As the consumption story returns over the next six months, we expect demand to return and exceed the growth trajectory of previous years. The numbers are positive for most of the economies in the region – and as shown by our analytics, our platform increasingly reaches and influences these.
For responsible and sustainable packaging, with its attendant regulations and compliances, there is significant headroom to grow in India and the region. Our coverage includes the entire packaging supply chain – from concept to shelf and to waste collection, sorting, and recycling.
We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers. This is a large and complex canvas – the only thing that can work is your agile thinking and innovation together with our continuous learning and persistence.
The coming year looks to be an up year in this region, and this is the right time to plan your participation and marketing communication – in our rich and highly targeted business platform with human resources on the ground. Share your thoughts and plans to inspire and mobilize our editorial and advertising teams!
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– Naresh Khanna (25 October 2023)
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