Avery Dennison Label and Packaging Materials Joins the U.S. Plastics Pact to Advance Circular Economy for Plastics
The group seeks to achieve a sustainable future for plastic packaging through innovative change and solutions.
MENTOR, OHIO (November 10, 2022) – Avery Dennison Label and Packaging Materials announced today that the company has joined the U.S. Plastics Pact, an organization that provides solutions that aim to drive change and create a path toward a circular economy for plastics in the United States by 2025.
As part of the U.S. Plastics Pact, members like Avery Dennison recognize that significant, system wide change is imperative to realize a circular economy for plastics. As such, the U.S. Pact is convening more than 110 businesses, retailers, not-for-profit organizations, government agencies, and research institutions across the plastics value chain to bring one voice to U.S. packaging through national initiatives and innovative solutions for rethinking products, packaging, and business models.
“Joining the US. Plastics Pact offers us an opportunity to be at the forefront and drive advancements toward circularity, as well as use our deep technical expertise to work with other members to move our industry forward and make a difference,” said Jeroen Diderich, Senior Vice President and General Manager, Avery Dennison Label and Graphic Materials North America.
“Together through the U.S. Plastics Pact, we will ignite system change to accelerate progress toward a circular economy,” says Emily Tipaldo, Executive Director of the U.S. Plastics Pact. “The U.S. Pact will mobilize system-wide change through support for upstream innovation and a coordinated national strategy. This unified framework will enable members to fast-track progress toward our ambitious 2025 sustainability goals. Our members’ full participation is vital to reaching our shared goals.”
Avery Dennison is committed to reaching its sustainability goals by the year 2030 to help pave the way to a more sustainable future. The goals were developed based on the company’s existing commitment to waste diversion, enabling plastics circularity and providing products that contain recycled content. In signing the U.S. Plastics Pact, Avery Dennison will gain more insights into the market, driving innovations designed to reduce the environmental impact of its products and operations.
Achieving this vision will require new levels of accountability from all facets of the plastics supply chain. The U.S. Plastics Pact emphasizes measurable change and as such Avery Dennison is committed to transparent, annual reporting which will be used to document annual progress. The U.S. Plastics Pact’s “Roadmap to 2025” identifies key milestones and national solutions to achieving the U.S. targets and realizing a circular economy in which plastic never becomes waste.
To learn more about Avery Dennison’s sustainability initiatives, visit label.averydennison.com/sustainability.
Further information on the U.S. Plastics Pact: https://usplasticspact.org/.
About Avery Dennison
Avery Dennison Corporation (NYSE: AVY) is a global materials science company specializing in the design and manufacture of a wide variety of labeling and functional materials. The company’s products and solutions, which are used in nearly every major industry, include pressure-sensitive materials for labels and graphic applications; tapes and other bonding solutions for industrial, medical, and retail applications; tags, labels and embellishments for apparel; and radio frequency identification (RFID) solutions serving retail apparel and other markets. The company employs approximately 36,000 employees in more than 50 countries. Reported sales in 2021 were $8.4 billion. Learn more at www.averydennison.com.