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What Is Sustainable Packaging Procurement?
Packaging Industry Trends
Packaging demand is maintaining its upward trend, while there is a growing concern over the environmental impact of exploding packaging waste.
The increasing awareness of plastic pollution, greenhouse gas emissions, and the depletion of natural resources are calling for a shift towards more sustainable packaging solutions.
There is a growing demand from consumers, who are becoming more environmentally conscious and are actively seeking out products with sustainable packaging.
Regulatory frameworks and initiatives are driving the adoption of sustainable packaging. Governments and industry associations are implementing policies and standards to reduce packaging waste and promote sustainable practices.
Hence the packaging industry is focused on developing and producing packaging materials that have a reduced impact on the environment.
Is your company prepared to tackle upcoming packaging challenges?
Sustainable Packaging Procurement
Sustainable packaging procurement refers to the process of acquiring packaging materials that are environmentally friendly, socially responsible, and economically viable.
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This involves:
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sourcing materials that are renewable, recyclable, biodegradable, etc,
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considering the entire lifecycle of packaging materials, from raw material extraction to disposal,
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evaluating the product's impact on the environment, the social impact and ethics of its production, and the economic feasibility of its use,
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working with suppliers who are committed to sustainability and use ethical practices in their production processes,
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considering the cost-effectiveness of sustainable packaging options and their production scalability
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ensuring alignment with the company’s overall sustainability goals,
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complying with evolving government regulations.
