“Waste is something you pay for but don’t use.”
Henry Ford
The true cost of waste lies not only in discarded resources but also in the inefficient use of raw materials, unnecessary use of energy and wasted labour. The burden of waste is borne financially by the manufacturer and ecologically with the environment.
The reduction is waste packaging is no longer solely a choice between landfill and recycling. Every business within the supply chain now has a responsibility to reduce their waste. As a result luxury good manufacturers have placed sustainability high on their list of procurement requirements.
Following the introduction of EU waste regulations in 2012, all European Union companies with a turnover in excess of £2 million or using/manufacturing in excess of 50 tonnes of packaging each year must comply with EU Producer Responsibility Obligations.
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Challenges facing the packaging industry
- Comply with EU and UK waste directives
- Comply with the Extended Producer Responsibility (EPR) regulations
- Maintain the quality and design elements of their customer’s luxury brand image
- Meet their customer’s sustainability procurement requirements and still maintain a competitive pricing structure