New Report Finds Companies are Creating More Sustainable Packaging
The Sustainability Consortium (TSC), a global non-profit organization that aims to create more sustainable consumer products, released the THESIS Industry Insights: Packaging report using data from TSC’s The Sustainability Insight System (THESIS). The report is the first in an ongoing series aimed at using THESIS’ data set to raise awareness of key challenges and opportunities in creating more sustainable products. THESIS data highlights two key ways that companies are creating more sustainable product packaging: designing out packaging waste and choosing more materials and formats that are recyclable.
Packaging is an essential element in most consumer products. It protects the product and provides a platform for information and marketing to reach the consumer. The report finds when assessing environmental hotspots within a product’s life cycle, packaging is more likely to be relevant than not. For example, most food and beverage products contain packaging. In the U.S. however, most packaging end up in landfills, even when it is recyclable. Because of this, consumer goods companies are increasingly adopting new packaging designs to be more sustainable.