GlobeNewswire by notified

EU Green Week: Food packaging is an essential part of achieving Europe’s Green Deal ambition

Share

HUHTAMÄKI OYJ PRESS RELEASE 31.5.2021 AT 11:00

EU Green Week: Food packaging is an essential part of achieving Europe’s Green Deal ambition

Food production is responsible for a quarter of the world’s greenhouse gas emissions, but today it is estimated that approximately one third of all food produced globally is wasted. This significant number represents 8% of total global greenhouse gas emissions.1 Packaging helps protect food from damage and spoilage from transport to storage and from stores to our homes. Packaging therefore ensures that the resources used to produce food, and the carbon footprint created, are not wasted.

Food packaging is integral to the product it contains. With the demand of food on the rise, the need for sustainable packaging solutions also increases for consumers around Europe and the world. Food packaging is essential for food protection and availability. Crucially, it is part of the solution to enable sustainable food systems, which the EU Green Dealseeks to achieve.

This year’s EU Green Week focuses on the topic of pollution. The recently adopted EU Zero Pollution Action Plan aims to tackle the harmful effects that pollution has on both human health and the environment. This plan also includes the 2030 goal to decrease waste and plastic litter at sea by 50% as well as to lower the number of microplastics released into the environment by 30%.

When it comes to solutions for post-consumer packaging, Huhtamaki is committed to having 100% of our products recyclable, compostable or reusable by 2030. With regards to emissions, we also aim for use of 100% renewable energy and carbon neutral production by 2030. Evidence-based regulation and a legislative framework that provides an enabling framework for innovation are crucial to get there. With innovation and a focus on scientific evidence to find environmentally viable solutions Huhtamaki can reach these targets.

“Huhtamaki supports the EU Green Deal. We have an ambitious and comprehensive sustainability agenda. Food packaging plays a key role in our food systems, providing food availability and protection while preventing food waste. At Huhtamaki we believe that the environmental benefits of food packaging significantly outweigh its impacts. We believe as well that an enabling legislative framework underpinned by better regulation will support innovation and circular economy. To reduce the impacts of post-consumer packaging, we are committed to further increasing the recyclability of our products and collaborating across the value chain to strengthen collection and recycling solutions,” says Charles Héaulmé, CEO and President of Huhtamaki.

Huhtamaki is committed to a resource efficient circular economy. Food packaging is part of the solution to ensure sustainable food systems and to achieving the EU Green Deal.

HUHTAMÄKI OYJ
Global Communications

About Huhtamaki:
Huhtamaki is a key global provider of sustainable packaging solutions for consumers around the world, enabling wellbeing and convenience. Our innovative products protect on-the-go and on-the-shelf food and beverages, ensuring hygiene and safety, and help prevent food waste. We embed sustainability in everything we do. We are committed to achieving carbon neutral production and designing all our products to be recyclable, compostable or reusable by 2030.

We are a participant in the UN Global Compact and as of 2020, we received an MSCI ESG Rating of A, on a scale of AAA ─ CCC. To play our part in managing climate change, we have committed to set science-based targets through the Science Based Targets initiative. Huhtamaki has been awarded the Silver medal by EcoVadis for performance in sustainability.

With 100 years of history and a strong Nordic heritage we operate in 36 countries and 81 sites around the world. Our values Care Dare Deliver guide our decisions and help our team of 18,200 employees make a difference where it matters. Our 2020 net sales totaled EUR 3.3 billion. Huhtamaki Group is headquartered in Espoo, Finland and our parent company, HuhtamäkiOyj, is listed on Nasdaq Helsinki Ltd. Find out more about how we are protecting food, people and the planet on www.huhtamaki.com.


1 United Nations Environment Programme (2021). Food Waste Index Report 2021. Nairobi. https://www.unep.org/resources/report/unep-food-waste-index-report-2021

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Nokia Corporation: Repurchase of own shares on 24.04.202424.4.2024 21:30:00 CEST | Press release

Nokia Corporation Stock Exchange Release 24 April 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 24.04.2024 Espoo, Finland – On 24 April 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code)Number of sharesWeighted average price / share, EUR*XHEL392,1193.43CEUX--BATE--AQEU--TQEX--Total392,1193.43 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 4 April 2023 started on 20 March 2024 and ends by 18 December 2024 with a maximum aggregate purchase price of EUR 300 million. Total cost of

Sveitarfélagið Árborg – Ársreikningur 202324.4.2024 20:40:35 CEST | Press release

Ársreikningur Sveitarfélagsins Árborgar fyrir árið 2023 var lagður fram í bæjarráði og til fyrri umræðu á fundi bæjarstjórnar í dag miðvikudaginn 24.04.2024. Rekstrarniðurstaða Sveitarfélagsins Árborg samkvæmt samanteknum rekstrarreikningi A og B hluta var neikvæð um 1.269 millj.kr. en samkvæmt samþykktri fjárhagsáætlun fyrir árið 2023 var gert ráð fyrir 1.855 mill.kr. neikvæðri rekstrarniðurstöðu. Uppfærð fjárhagsáætlun ársins 2023 gerði ráð fyrir 1.693 millj.kr. neikvæðri niðurstöðu. Tekjur ársins af A og B hluta námu alls 17.951 millj.kr., launakostnaður 9.686 millj.kr., hækkun lífeyrisskuldbindinga nam 658 millj.kr.. Annar rekstrarkostnaður var 5.622 millj.kr. og nemur framlegð því 1.984 millj.kr. Afskriftir voru 951 millj.kr.. Fjármunatekjur, fjármagnsgjöld og tekjuskattur námu 2.302 millj.kr. og var rekstrarniðurstaða ársins því neikvæð um 1.269 millj.kr. Veltufé frá rekstri var 1.713 millj.kr. eða 9,5% af heildartekjum A og B hluta. Skuldahlutfall hefur lækkað á árinu 2023 og er

Tanqueray Nº TEN’s Tiny TEN Emerges as the Cocktail of Milan Design Week, with Over Ten Thousand Served24.4.2024 20:29:02 CEST | Press release

Tanqueray Nº TEN honours exceptional artistry with visionary leaders in the design and mixology industries MILAN, Italy, April 24, 2024 (GLOBE NEWSWIRE) -- Diageo’s Tanqueray No. TEN’s Tiny TEN emerges as the cocktail of Milan Design Week through its newly announced partnerships with pioneering designers and brands, whose like-minded pursuit of excellence mirrors the craftsmanship behind the spirit itself. As a part of the celebration of a vibrant new brand vision, Tanqueray hand-selected tastemakers and partners with leading design brands, including Alessi, Meritalia, and Kartell, emphasising a mutual appreciation for craftsmanship and artistic expression across two distinct industries. Tanqueray’s ongoing "Tastemaker" collaborations, following the debut of the program this April, include leading mixologists shaping global cocktail culture. Agostino Perrone (The Connaught London), Giulia Cuccurullo (Artesian London), Matteo Di Ienno (celebrated Italian bar consultant), and Tiffanie Ba

Festi hf.: Allocation of share options24.4.2024 20:16:13 CEST | Press release

At Festi Board meeting on April 23, 2024, a decision was made to grant key employees of the Group share options covering a total of 4,725,000 shares in the Company, corresponding to 1.57% of the Company's issued share capital. The CEO and the Executive management of the Company were granted share options for a total of 1,890,000 shares or 270,000 shares each. Share option agreements for the allocated shares were signed today, April 24, 2024. Their terms are in accordance with the resolution of the Festi Annual General Meeting on March 6, 2024, approving a share option program for the CEO, senior management and key employees of the Group and the Company's Remuneration Policy, which is attached. The total number of shares that may be allocated based on the share option program is 5,500,000. The purpose of granting share options is to align the long-term incentives of the Group's management with its performance and long-term goals, and thus the long-term interests of its shareholders. The

Forløb af ordinær generalforsamling den 24. april 2024 i Investeringsforeningen Nordea Invest24.4.2024 20:00:00 CEST | Press release

Investeringsforeningen Nordea Invest har i dag afholdt ordinær generalforsamling i henhold til tidligere offentliggjort dagsorden. Bestyrelsens beretning for det forløbne år blev taget til efterretning og årsrapporten for 2023, herunder udbytter, godkendt. Bestyrelsesmedlemmernes honorar for 2024 blev godkendt. Der var ikke fremsat forslag af investorer eller bestyrelsen. På generalforsamlingen blev advokat Marianne Philip, direktør Claus Schønemann Juhl og direktør Astrid Simonsen Joos genvalgt til bestyrelsen. Bestyrelsen konstituerede sig efterfølgende med Marianne Philip som formand, Per Skovsted som næstformand og med Claus Schønemann Juhl, Astrid Simonsens Joos samt Kim Balle som medlemmer. Herudover blev PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab genvalgt som foreningens revisionsselskab. Med venlig hilsen Investeringsforeningen Nordea Invest Udbytter 2023 for Investeringsforeningen Nordea Invest AfdelingISIN-kodeUdbytte i kr. i alt pr. andel.Aconto udbytte

HiddenA line styled icon from Orion Icon Library.Eye