Berry Announces Goal for 30% Circular Plastics by 2030, With Long-Term Vision to Decouple from Fossil Fuels

Berry Global Group, Inc. (NYSE: BERY) today announced its most ambitious sustainable packaging goal to date: 30% circular plastics use across its fast-moving consumer goods packaging by 2030. Circular plastics include recycled and renewable resins like bioplastics. Berry’s global footprint and purchasing scale offer unique access to the supply of high-quality recycled material. As the Company moves away from its reliance on virgin plastic, Berry’s new 30 by 30 goal surpasses its previous goal to use 10% post-consumer recycled (PCR) resin by 2025. The new target aims to give natural resources multiple lives and increase the use of bio-based products made from renewable resources as Berry envisions decoupling from virgin plastic and fossil fuels in the long term.

Leveraging its unmatched global capabilities, intellectual knowledge, and deep innovation expertise to serve customers of all sizes around the world, Berry plans to meet its new recycled content goal through:
*Leading and early access to innovative materials like recycled and renewable resins.
*Agility in its global manufacturing capabilities aligned with evolving recycled content legislation.
*Continuing significant sustainable packaging progress by collaborating with leading brands.

“Many of our customers around the world are moving from setting ambitious sustainability goals to taking meaningful action,” said Tom Salmon, Chairman and CEO of Berry Global. “Giving our natural resources multiple lives is critical to transitioning to a net-zero economy. Nothing is more important to us than helping our customers meet growing sustainability demand trends by accelerating the industry’s move toward a circular economy where reuse, recovery, and recycling are maximized.”
more at: https://ir.berryglobal.com/news-releases/news-release-details/berry-announces-goal-30-circular-plastics-2030-long-term-vision