Product packaging: the next frontier of corporate sustainability

June 9, 2021 | 1 minute read
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By Rich Kroes, Oracle Vice President, Global Sustainability

Sustainable food packaging not only benefits the environment but helps companies with corporate sustainability goals, which consumers are increasingly considering when deciding whether to patronize a business. There is an urgent need for more sustainable packaging for the foods and beverages traveling across the world’s supply chains. Introducing more sustainable food packaging would not only benefit the environment but would also help organizations make progress on their corporate sustainability goals – which consumers are increasingly considering when deciding whether to patronize a business. According to Boston Consulting Group, 70% of consumers say they are willing to pay a 5% price premium for products produced by more sustainable means. Learn more in this article which discusses the key functions of packaging, sustainable packaging innovation, the role of the circular economy, and sustainability-boosting technologies.

 

Evelyn Neumayr

Sustainability Product Strategy


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