Henkel sets new and ambitious targets for sustainable packaging and climate protection

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Building on strong track record in sustainability

 

  • Strong progress towards 2020 sustainability
    targets
  • New packaging targets for 2025
    to avoid and reduce plastic waste
  • Become a climate-positive
    company by 2040

DÜSSELDORF, GERMANY – Media OutReach – 12 March 2020
 Henkel has published its 29th Sustainability Report,
detailing its performance and progress in all dimensions of sustainability. At
the same time, Henkel presented its strategic framework for the future and
outlined new targets in key areas such as sustainable packaging and climate protection.

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Henkel sets new and ambitious targets for sustainable packaging and climate protection - Brand Spur

“Our commitment
to sustainability has been an integral part of our corporate culture for
decades. While we are working with determination to deliver on the targets we
defined for 2020, we are stepping up our goals for the future with new milestones
to actively contribute to climate protection, a circular economy and social
progress. Sustainability is firmly embedded in our new strategic framework, as
one of the drivers of competitive edge,” said Carsten Knobel, Chief Executive
Officer of Henkel.

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“The next
five years will be decisive, both on a global level and for us as a company. We
need to make sure that we are on the right track to limit global warming and
deliver on the United Nations Sustainable Development Goals,” added Sylvie Nicol,
Member of the Henkel Management Board responsible for Human Resources and
Sustainability.

Strong
progress towards 2020 sustainability targets

By
2030, Henkel aims to become three times more efficient in its business
activities compared to its environmental footprint in the base year 2010. This
is the cornerstone of Henkel’s sustainability strategy. By the end of 2019, Henkel
has already increased its total efficiency by 56 percent (compared to 2010).

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Henkel
already achieved three 2020 targets ahead of time: CO2 emissions were
reduced by 31 percent and waste per ton of product was lowered by 40 percent. With
an improvement in occupational health and safety by 42 percent, Henkel
overachieved its target for 2020. And water consumption per ton of product was
reduced by 28 percent compared to 2010. This means, the target of 30 percent is
clearly within reach.

Clear targets for climate protection

In view of
the need to reduce CO2 emissions to limit global warming, Henkel enhanced
its long-term vision to become a climate-positive company and to drive progress
in relevant areas of its value chain.

“With our
vision to become a climate-positive company by 2040, we explicitly go one step
further than becoming carbon-neutral and demonstrate Henkel’s commitment to be
a leader in sustainability. We want to drive progress in our own operations and
work with our partners along the value chain to jointly contribute to protecting
our planet,” explained Sylvie Nicol.

On the way to
becoming climate-positive by 2040, the company plans to reduce the carbon
footprint of its production by 65 percent by 2025. Henkel intends to achieve
this by continuously improving its energy efficiency and by using electricity
from renewable sources. By 2040, Henkel aims to have converted all remaining
fossil fuels used in production to climate-neutral alternatives and supply
surplus carbon-neutral energy to third parties.

In
addition, Henkel wants to leverage its brands and technologies to help
customers, consumers and suppliers save 100 million tons of CO2 in a
ten-year period up to 2025.

Read Also:  The Chinese University of Hong Kong Business School

New packaging targets for 2025

Building
on its progress and activities in sustainable packaging to promote a circular
economy, Henkel strengthens its efforts with new, even more ambitious sustainable
packaging targets for 2025:

  • 100%
    recyclable or reusable*
    : All of Henkel’s packaging will
    be recyclable or reusable*.
  • Cut
    fossil plastics by 50%
    : Henkel aims to reduce the amount of virgin
    plastics from fossil sources in its consumer products by 50 percent. This
    will be achieved by increasing the proportion of recycled plastic for its
    consumer goods products globally to more than 30 percent, by reducing the
    plastic volume, and by increasingly using bio-based plastics.
  • Zero waste: Henkel
    wants to help prevent waste from being disposed in the environment. Therefore,
    the company is supporting waste collection and recycling initiatives and invests
    in innovative solutions and technologies to promote closed-loop recycling.
    Henkel aims to reach more than 2 billion consumer contacts per year by
    providing targeted information about recycling.

At
the end of 2019, 85 percent of Henkel’s packaging was recyclable or reusable*.
The share of recycled plastic in Henkel’s consumer goods packaging in Europe
amounted to 12 percent.

Positive social impact on communities

Contributing
to social progress is one of the six focus areas of Henkel’s sustainability
strategy. Henkel wants to further enhance its positive social impact on
communities by 2025 through 100 percent responsible sourcing, by leveraging its
more than 50,000 employees, which have been trained as sustainability
ambassadors and by helping to improve 20 million lives globally.


Responsible sourcing

Henkel maintains
intensive dialog with its suppliers to promote sustainable practices and
respect for human rights along the value chain. Key element of Henkel’s responsible
sourcing strategy is a six-stage responsible sourcing process, which is used for
assessing the sustainability performance of its suppliers and which is firmly
embedded in the company’s purchasing activities. In 2019, the company covered
about 86 percent of its purchasing volume in the areas of packaging, raw materials,
and contract manufacturing.

A strong
example of Henkel’s commitment to responsible sourcing is Together for
Sustainability — The Chemical Initiative for Sustainable Supply Chains (TfS),
which was co-founded by Henkel in 2011. In the initiative, 23 partners from the
entire chemical industry join forces to harmonize increasingly complex supply
chain management processes with regard to sustainability. Core elements of the
TfS initiative are audits and online assessments, carried out by selected, independent
audit companies and EcoVadis, a service provider specialized in sustainability
analysis.

Sustainability
as differentiator

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“At
Henkel, we want to firmly anchor sustainability in all our activities and
ensure it is a central pillar in the innovation strategies across all business
units. This will help to make Henkel more resource-efficient and reinforce our
competitive edge,” said Carsten Knobel.

The
consumer businesses Beauty Care and Laundry & Home Care, for example, will
advance their product portfolios with a particular focus on sustainable
packaging solutions and the roll-out of brands with a purpose. Adhesive
Technologies will further leverage its potential through products and
technologies that enable breakthrough industry solutions.

For
more information on Henkel’s sustainability strategy, performance and progress,
visit www.henkel.com/sustainability.

* Excluding adhesive products where residue may affect recyclability or pollute recycling streams.

Henkel sets new and ambitious targets for sustainable packaging and climate protection - Brand Spur

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Henkel sets new and ambitious targets for sustainable packaging and climate protection - Brand SpurHenkel sets new and ambitious targets for sustainable packaging and climate protection - Brand Spur

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Henkel sets new and ambitious targets for sustainable packaging and climate protection - Brand SpurHenkel sets new and ambitious targets for sustainable packaging and climate protection - Brand Spur

Latest News

Strongest first quarter ever: Preliminary results of Deutsche Post DHL Group above market expectations

  • All divisions significantly increased EBIT in first quarter 2021; Group EBIT tripled to around EUR 1.9 billion
  • Free cash flow development continued positive trajectory and improved by more than EUR 1.4 billion to around EUR 1.0 billion
  • CEO Frank Appel: "The start into the new financial year was more dynamic than ever"


SINGAPORE - Media OutReach - 12 April 2021 - Deutsche Post DHL Group has today released preliminary results for the first quarter of 2021 and has raised the outlook for the current financial year. Preliminary operating profit (EBIT) for the first three months improved to around EUR 1.9 billion (Q1 2020: EUR 592 million). The positive development of the group's businesses seen in the fourth quarter 2020 has continued well through the first quarter 2021. In the first three months of the year the B2C shipment volumes remained high in all networks while the recovery in the B2B business continued.

"The start to the new financial year was more dynamic than ever. It proves that we have successfully geared our business to the right growth drivers. One year into the pandemic we experienced in the first quarter 2021 a sustained momentum in e-commerce and a significant stabilization in global trade with increasing air- and sea-freight volumes. Consequently all divisions reported a significant jump in earnings above market expectations. Global trade continues to recover and vaccine distribution is in full swing which makes me very optimistic for the rest of 2021 and beyond," said Frank Appel, CEO of Deutsche Post DHL Group.

All divisions optimally positioned for continuing e-commerce boom and growth in global trade

Express: The division reached an EBIT of around EUR 955 million in the first quarter 2021 compared to EUR 393 million in Q1 2020.

Global Forwarding, Freight: EBIT in Global Forwarding, Freight stood at around EUR 215 million in Q1 2021, clearly above previous year's Q1 of EUR 73 million.

Supply Chain: EBIT at Supply Chain came in at around EUR 165 million in the first quarter 2021 compared to EUR 105 million in Q1 2020.

eCommerce Solutions: eCommerce Solutions recorded a first quarter 2021 EBIT of around EUR 115 million, clearly above last year's Q1 result of EUR 6 million.

Post & Parcel Germany: EBIT in Post & Parcel Germany in Q1 2021 was around EUR 555 million (Q1 2020: EUR 334 million).

Earnings momentum mirrored in positive cash flow development and improved outlook


The continued positive business development is underpinned by a strong cash flow development; free cash flow amounted to around EUR 1.0 billion in the first quarter 2021. In Q1 2020 this figure was still negative at EUR -409 million.

In light of the strong earnings momentum, guidance for 2021 is adjusted as follows:

Group EBIT for 2021 is now expected to be significantly above EUR 5.6 billion (previous forecast: more than EUR 5.6 billion). Equally, the result for the DHL divisions is now seen significantly above EUR 4.5 billion (previous forecast: more than EUR 4.5 billion). EBIT for the Post & Parcel Germany division is no longer expected at around EUR 1.6 billion but above EUR 1.6 billion. The expectation of a Group Functions EBIT of around EUR -0.4 billion remains unchanged. Full year 2021 Free Cash Flow is now expected to be significantly above EUR 2.3 billion (previous forecast: around EUR 2.3 billion).

The Group will introduce a revised detailed guidance with the comprehensive disclosure for Q1 2021 which will be published as planned on May 5, 2021.

Deutsche Post DHL Group

Deutsche Post DHL Group is the world's leading logistic company. The Group connects people and markets and is an enabler of global trade. It aspires to be the first choice for customers, employees and investors worldwide. To this end, Deutsche Post DHL Group is focusing on growth in its profitable core logistics businesses and accelerating the digital transformation in all business divisions. The Group contributes to the world through sustainable business practices, corporate citizenship and environmental activities. By the year 2050, Deutsche Post DHL Group aims to achieve zero emissions logistics.


Deutsche Post DHL Group is home to two strong brands: DHL offers a comprehensive range of parcel and international express service, freight transport, and supply chain management services, as well as e-commerce logistics solutions. Deutsche Post is Europe's leading postal and parcel service provider. Deutsche Post DHL Group employs approximately 570,000 people in over 220 countries and territories worldwide. The Group generated revenues of more than 66 billion Euros in 2020.


The logistics company for the world.

Henkel sets new and ambitious targets for sustainable packaging and climate protection - Brand Spur
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