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Amcor has made major strides in its sustainability efforts, reporting 94 per cent of its flexible packaging portfolio by area offering recyclable solutions, while 95 per cent of its rigid packaging by weight is deemed recyclable at scale.

In addition, the company exceeded its target of incorporating at least 10 per cent post-consumer recycled plastic into its products a year ahead of schedule, purchasing recycled material of more than 254,000 tonnes for its solutions.

Amcor also claims that 100 per cent of its speciality carton packaging is now certified as recyclable by the Institute cyclos-HTP.

This data was provided in Amcor’s latest Sustainability Report, which also highlighted an $8.1bn in revenue from packaging products that meet global recyclability standards in 2024.

“Amcor has led the way in making incredible progress designing our products to be recyclable and more efficient, but design alone is not enough,” said Peter Konieczny, Amcor CEO.

“Society needs consumer participation and infrastructure development to make circularity real – to make sure used packaging is not left in nature but recycled to become new packaging.

“Sustainability is at the heart of our company and drives a sense of purpose, inspiration and energy in everything we do.”

Outside of packaging, Amcor also reported a nine per cent reduction in absolute greenhouse gas emissions for 2024 and increased its renewable energy usage in 2024 by 64 per cent compared to 2023.

Most recently, Amcor was awarded the prestigious EcoVadis Gold medal for its industry-leading sustainability practices, increasing its overall score from 70 to 73, and placing the company in the 95th percentile of all companies assessed by EcoVadis.

Food & Drink Business

The Senate Economics Committee has rejected the Food Donations Bill that proposed a tax offset for companies donating excess food to food relief agencies rather than dumping it. While the bill had the potential to deliver the equivalent of 100 million meals to food relief organisations, the committee said it had “serious concerns” including the bill’s “generous” tax concessions. Food relief agencies and social welfare organisations have questioned the committee’s decision to reject the bill outright rather than make recommendations for amendments.  

The winners of the 62nd annual Australian Export Awards were announced in Canberra yesterday, featuring three winners from the food sector – including dessert manufacturer Frosty Boy Global, in the Agribusiness, Food and Beverages category.

Mondelēz International has appointed Toby Smith as President Japan, Australia and New Zealand, with the incumbent, Darren O’Brien, appointed Global Chief Corporate and Government Affairs officer.