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Wednesday June 23rd, 2021 2:59PM

DS Smith Launches New Sustainability Strategy – ‘Now and Next’

By The Associated Press

ATLANTA--(BUSINESS WIRE)--Sep 29, 2020--

, a leading provider of sustainable packaging, announced today the launch of its new sustainability vision and strategy, “Now and Next which maps out ambitious commitments and goals for the next decade.

This press release features multimedia. View the full release here:

DS Smith announced the launch of "Now and Next," its new sustainability strategy. (Photo: DS Smith)

Through its innovative two-phased “Now and Next” approach, DS Smith will continue to focus on the transition to a circular economy by partnering with customers, communities, governments and influencers to keep materials in use, design out waste and regenerate natural systems. It will continue to focus on CO₂ reduction, protecting biodiversity and reducing water consumption.

“As we respond to the changing world in which we live and operate, it is critical that our drive to redefine packaging continues to place circularity at the heart of our business,” said Miles Roberts, group CEO of DS Smith. “Our new strategy allows us to move beyond just having a strong circular business model ourselves to delivering more circular solutions for our customers and the wider society – replacing problem plastics, taking carbon out of supply chains and providing innovative recycling solutions.”

The strategy sets out four key pillars, alongside a continued commitment to reduce CO₂ emissions by 30% against a 2015 baseline, and care for its forests and biodiversity wherever it operates. The key areas of the strategy will drive sustainable growth at DS Smith through its ambitious targets:

“Now and Next positions DS Smith at the forefront of the packaging industry and sets a clear roadmap to address immediate challenges, while also working to meet the needs of the next generation by creating solutions that are aligned with the principles of the circular economy,” said Wouter van Tol, head of sustainability, community and government affairs for DS Smith. “By taking a whole systems approach, we have a huge opportunity to make significant progress against our environmental, social and governance responsibilities.”

After measurable progress against its nine long-term sustainability goals, the “Now and Next Sustainability Strategy” has been introduced as part of a strategic review and vision to be the leading supplier of sustainable packaging. In the past year, DS Smith met a number of sustainability milestones, including an 11% reduction in emissions in 2019 compared to 2015 on a like-for-like basis and 100% engagement in community programs across its sites employing more than 50 people.

An international packaging company, it produced over 17 billion boxes in 2019/20 and is Europe’s largest cardboard and paper recycler, managing 6 million tons per year, making it a net positive recycler. DS Smith is one of only 16 Strategic Partners of the Ellen MacArthur Foundation – the recognized global authority on the circular economy.

is a leading provider of corrugated packaging worldwide, supported by recycling and papermaking operations. A member of the FTSE 100, DS Smith focuses on creating innovative and sustainable packaging solutions, using a closed-loop recycling model – in which paper and corrugated is collected, recycled and then used again to make packaging materials. North American operations are headquartered in Atlanta, with 15 manufacturing, paper and recycling facilities, totaling more than 2,000 employees. Using the combined expertise of its divisions – including Packaging, Recycling, Paper – DS Smith works with customers to develop solutions that reduce complexity and deliver results throughout the supply chain.

For further information and the full strategy, visit .

View source version on businesswire.com:

CONTACT: Mindy Myrick, Head of Corporate Affairs

[email protected]/ +1 410-251-9570

Caroline Curran, Hill + Knowlton Strategies

[email protected]/ +1 256-653-5811

KEYWORD: UNITED STATES NORTH AMERICA GEORGIA

INDUSTRY KEYWORD: PACKAGING ENVIRONMENT MANUFACTURING

SOURCE: DS Smith

Copyright Business Wire 2020.

PUB: 09/29/2020 07:03 AM/DISC: 09/29/2020 07:03 AM

http://www.businesswire.com/news/home/20200929005162/en

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