Stora Enso changes its segment reporting

Joining forces with leading beverage producers, Tetra Pak is launching tethered caps on carton packages. Marking a significant milestone in the company’s long-term work on design for recycling, five new tethered cap solutions are currently being introduced across Ireland, the Baltics , Spain and Germany in different product categories – a market first for these geographies. As part of a wider programme, this development paves the way for Europe-based customers to stay ahead of schedule and meet the Single Use Plastics (SUP) Directive coming into force by 2024. Julia Luscher, Vice President Marketing, Tetra Pak, comments: “We are delighted to be supplying a number of customers with tethered cap solutions, helping them to ‘walk the talk’ towards their sustainability ambitions. Understanding our customers’ needs and having collected consumer insights through multiple pieces of research across various markets, our new tethered caps have been designed to enhance convenience. For instance, they are easy to open and re-close for subsequent consumption, while featuring carefully sized diameters for smooth pouring and drinking.”

Pregis announces the North American launch of its Sharp Packaging Systems® MAX-PRO 24 continuous bagging system. This latest model in the MAX-PRO line can handle a wider range of products and bag sizes making it ideal for fulfillment operations with a broad e-commerce offering. “When engineering the MAX-PRO 24, our focus was on creating a system that would help users maximize productivity and minimize labor costs. We think the MAX-PRO 24 delivers all that, and more, making it ideal for increasing volume demands being placed on e-commerce operations,” said Mike Menz, division president. The MAX-PRO 24 includes highly-advanced automated technology, new web handling features that simplify operations and automated pass-through settings, resulting in lower operating costs.

Amcor released its first Task Force on Climate-Related Financial Disclosure (TCFD) report, which includes the results of Amcor’s climate scenario analysis exercise, along with information about the company’s climate governance structure, risk management approach and performance metrics. As a leader in sustainability, the report marks another milestone for the organization, ensuring continued transparency of its climate-related business risks as well as providing a roadmap on how to best integrate climate risk management opportunities within its operational strategy. Michael Casamento, Chief Financial Officer at Amcor, said, “The report represents the latest example of how Amcor has integrated climate-related considerations into its growth strategy and risk management framework. Adding TCFD standards to our sustainability-related reporting that already adheres to the Global Reporting Initiative (GRI), as well as leading the packaging industry by reporting against SASB standards, helps us continue to lead with transparent, forward-thinking environmental stewardship.”