The results
Profitable decarbonisation
The Pregis approach to sustainability is one that makes sense for the bottom line and the planet. Their sustainability team has been leveraging carbon emissions data to:
Pregis has adapted its product portfolio, including more fibre-based packaging. In its last financial year, it earned 56% of its revenues from sustainable products.
“Sustainability has been key to business growth. Demand for our sustainable products has accelerated, and we’re benefiting from the consumer-driven tailwind,” explains Wolcott.
Being proactive with sustainable product design has given them a seat at the table with their largest customers, allowing them to collaborate on decarbonisation initiatives.
“We’re leaning into this faster than our competitors. Because we’re being proactive in our sustainable strategy, we’re collaborating with major global players,” according to Wolcott.
As Pregis scales the business, the company is leveraging sustainability efforts to identify cost-saving opportunities.
“We’re identifying opportunities to achieve the same levels of protection for our customers’ products while using less material, which reduces everyone’s emissions,” Wolcott shares.
Through its zero waste target, Pregis is working to minimise the waste generated in its operations and ensure it does not end up in landfills. In 2023, Pregis diverted 91% of solid waste from landfill and achieved a 6% reduction in waste emissions as calculated by Emitwise.
“Reducing waste has allowed us to reduce our scope 3 emissions and progress towards our net zero ambitions. It also reduces waste management costs,” explains Kevin Rogers, who leads the Zero Waste Initiative at Pregis.
Being a supplier to some of the world’s largest companies comes with a fair share of sustainability reporting. Sustainability teams can benefit from having emissions data centralised in one platform.
“We’re using data from the Emitwise platform for our annual reporting, investor relations and responding to customer data requests,” says Wolcott.
Pregis has been measuring its emissions for years. Their proactive approach has enabled them to enhance customer relationships by contributing to their sustainability goals.
“Our customers are taking our scope 1 and 2 emissions to increase the accuracy of their scope 3 calculations. We can confidently give them this data because we started measuring our emissions years ago.”
Making product designs that reduce emissions and increase revenue
Identifying opportunities to reduce costs through sustainability initiatives
Streamlining reporting to enhance customer relationships