DS Smith partners with the Ellen MacArthur Foundation
UK-based packaging provider DS Smith has signed an agreement to become a Global Partner of the Ellen MacArthur Foundation. The partnership reportedly aims to accelerate the company’s circular economy drive and support innovation across the business, including recycling and carbon-efficiency in e-commerce.
9 long-term sustainability targets
According to the company, this programme is underpinned by nine long-term sustainability targets, which include manufacturing 100% reusable or recyclable packaging by 2025. DS Smith joins the Foundation’s 10 existing Global Partners including Intesa Sanpaolo, Danone, Google, H&M, Nike, Phillips, Renault, Solvay, SC Johnson and Unilever in driving forward market leading circular economy initiatives at scale.
The partnership will support, for example, the improvement of collection systems in urban areas. These pilots are said to be built on the company’s recent efforts on recycling throw-away consumable items such as coffee cups and reducing the amount of fibre in its cardboard packaging.
1 million British pounds
The company, by its own account, is making available over 1 million British pounds from its Charitable Foundation to invest in sustainability or education initiatives. This programme are said to kickstart local projects across the group’s global footprint.