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A "naturally aluminum" decor

Chanel continues its transformation towards eco-responsibility. Its Chance de Chanel eaux de toilette now feature an anodized aluminum band made in France, instead of the lacquered galvanized brass used until now. 

To meet the challenge of this change of material, the luxury brand called on the expertise of g.pivaudran.

The choice of aluminum in a reinforced CSR approach

For all its lines, Chanel has a strong objective: to move towards CSR products. To accessorize its new Chance bottles, Chanel called on the expertise of g.pivaudran. The band around the bottle, originally made from varnished galvanized brass, is now made from anodized aluminum. These bands are made in France, in the Lot region, and assembled by the brand's partner glassmakers in France and Italy. While this change may be invisible to consumers, it is nevertheless a powerful symbolic act by Chanel: an eco-responsible transformation that is unostentatious, effective and concrete.

A major challenge for g.pivaudran

Manufacturing the strips for the Chance bottles was a real challenge for the g.pivaudran teams. They deployed the full extent of their know-how to shape a thin aluminum strip (0.6 mm), very delicately handled, to match the cylindrical curve of the bottle, while preserving the high gloss appearance of the material. A complex range, thanks to the flexibility of the strips, combined with the precision of automated assembly.

The manufacturer g.pivaudran has also positioned itself to produce all fragrance formats: 35 ml, 50 ml, 100 ml and 150 ml.

Chanel is launching these new bottles with the 100 ml version. All anodized aluminum formats will be available by 2024.

One achievement may hide another...

This project for Chanel is just the tip of the iceberg in terms of the possibilities offered by g.pivaudran. The company specializes in aluminum, adapting this material to meet the needs of all brands, as well as their eco-responsibility requirements. It offers "all-aluminum" and/or "recycled-aluminum" packaging solutions for premium and luxury products.

"Our expertise enables us to shape aluminum into any shape, to assemble various materials and thus solve our customers' current needs. Eco-responsible by nature, infinitely recyclable, light and versatile, aluminum is our answer to luxury brands' desire for added value".says Marc Pivaudran, President of g.pivaudran.

At the Édition Spéciale By Luxe Pack event, g.pivaudran will be showcasing a wide range of products created with its customers, as well as trials highlighting the value of aluminum, an inherently eco-responsible material. "The company will provide concrete proof that "naturally aluminum" packaging and accessories are also naturally top-of-the-range.the company says.

dsm-firmenich: Katharina Stenholm appointed Head of Sustainability

dsm-firmenich announces the appointment of Katharina Stenholm as Chief Sustainability Officer, effective July 1, 2023. In this role, she will develop a new, consolidated environmental, social and governance (ESG) strategy for the company, building on the strengths of DSM's and Firmenich's previous plans and actions.

Geraldine Matchett and Dimitri de Vreeze, co-CEOs of dsm-firmenich, commented: " We are delighted to welcome Katharina as our new Sustainability Director. She is widely recognized as an outstanding leader and innovator in the ESG field, and her vast experience and expertise will be invaluable in helping us achieve our goal. With her guidance and leadership, we are confident that we will have a positive impact on people and the planet, while building sustainable business growth. ".

Under Katharina's leadership, the company will begin to revise ambitious, measurable targets and plans to achieve them quickly in order to bring its goal to life. Building on DSM and Firmenich's strong approaches to sustainability, she will use her skills and experience to lead the development of a solid ESG strategy for DSM-Firmenich, creating sustainable value for all stakeholders.

I firmly believe that actions speak louder than words. "said Katharina Stenholm. " DSM and Firmenich are both historical leaders in ESG and have the credentials to prove it. dsm-firmenich brings together over 150 years of passion, experience and progress and I feel privileged to be able to shape the next chapter of the company's ESG adventure. I'm delighted to be joining a team that's up to the challenge and, together with our customers, partners and employees, we're ready to accelerate our positive impact. By combining what is essential, desirable and sustainable, we can bring progress to life and create a brighter future for all. ".

Katharina is a seasoned executive with extensive expertise in general management, procurement, sustainability and trade. She joins from PepsiCo, where she headed the European sustainability function. Previously, she held various positions at Danone, including Vice President Strategic Projects, General Manager DanTrade and General Manager Global Purchasing, where she was responsible for sustainability. She also held various positions at SabMiller, including global CEO, and was CEO of a food ingredients company in the Nordic countries, with worldwide sales.

Over the years, Katharina has established herself as a recognized leader in change management. Her expertise lies in leading market entry, transformation and business model redesign programs. She has in-depth knowledge of the entire food value chain, with a particular focus on sustainability and circular economy practices.

Katharina holds a PhD in Biotechnology from the Helsinki University of Technology in Finland.

dsm-firmenich is determined to continually expand its positive impact and set new standards to address the pressing issues of climate change, nature protection and social responsibility throughout the value chain. Working with customers and partners, dsm-firmenich is committed to proactively addressing current and future challenges, while making a positive difference to the planet and improving the lives of millions of people.

Zanthocare by Crodarom, to balance, protect and soothe the body's skin

Physical and mental well-being are at the heart of many of our concerns. The pressure to look good remains and has a strong impact on self-confidence. It is essential for consumers to accept their bodies and regain their self-esteem. This personal approach has rapidly developed into a worldwide movement: Body Positive. It invites us to transform our perception of ourselves and accept ourselves as we are. A new wave of holistic, honest and inclusive cosmetics is coming onto the market to challenge society's taboos. The skin on our bodies has the same needs as the skin on our faces. The "skinification" of body products seems to give it the same attention as our face. It's all about giving consumers the desire to take care of their bodies, and providing solutions to real problems (bad odors, dryness, irritation, hyperpigmentation, etc.). Body care beauty routines need to be improved and offer multi-functional, high-quality, high-performance ingredients that respect the skin microbiome.

Sichuan berry is the ideal ingredient for a complete body care treatment. Commonly used as a condiment in haute cuisine, this small berry endemic to China's Sichuan province belongs to the citrus botanical family. This multi-functional, universal and gender-neutral ingredient is proven to balance, protect and soothe, while respecting the skin's microbiome.

Zanthocare is an extract of the Sichuan berry, Zantoxylum bungeanum, in vegetable propylene glycol and water. The berries come from China. A 100% extract of natural origin according to Iso16128, preservative-free, Cosmos-approved, quantified in Xanthoxyline.

Active molecules / Associated properties :

  • Phenolic compounds (Xanthoxyline): Soothing, antioxidant,
  • Fatty acids: Lipase inhibitor, emollient, regenerating, smoothing
  • Organic acids: Antibacterial, astringent
  • Carbohydrates: Moisturizing, energizing

Santanol joins Union For Ethical Biotrade, reinforcing its commitment to biodiversity

Santanol is proud and honored to become a member of the Union for Ethical BioTrade (UEBT), a non-profit association whose members work to regenerate nature and secure a better future for all people through the ethical sourcing of ingredients derived from biodiversity.

Membership of the UEBT demonstrates Santanol's commitment to assessing its sourcing policies and practices in Australia in accordance with ethical principles, and to promoting positive impacts for biodiversity and local communities.

We are delighted to join the UEBT as a member and are committed to a world in which all people and biodiversity thrive. "says Holly Birch, Santanol's Managing Director. " This membership is a milestone for Santanol. It demonstrates the ethical impact and biodiversity development we can achieve by growing sandalwood trees and producing our sandalwood oils in a sustainable way. ".

To be accepted as a member, Santanol completed the UEBT membership assessment by demonstrating compliance with the entry indicators and adopting a three-year work plan to continue improving the company's ethical sourcing practices.

As a member of the UEBT, we are committed to promoting practices that encourage the regeneration of nature and guarantee a better future for all." says Paul Moretta, Santanol's Technical Director.

Thanks to this collaboration, we are also aiming for future certification of our plantations. Membership of the UEBT is a tool that supports Santanol's ambitions to source in a way that respects people and biodiversity. Santanol has also been awarded an Ecovadis Gold Medal in 2023, once again demonstrating its commitment to best practice as an industry leader.

Emmanuel Butstraen appointed President of Perfumery & Beauty at dsm-firmenich

dsm-firmenich is pleased to announce the appointment of Emmanuel Butstraen as the new President of its Perfumery & Beauty business. Emmanuel, will assume this role from July 1, 2023 after a full handover from Ilaria Resta, while retaining his role as Chief Integration Officer.

Since May 2022, Emmanuel has been instrumental in the success of the dsm-firmenich merger, and thanks to his efforts, all integration planning activities have been set up for execution across the organization. Supported by a top-level team in the company's integration management office, Emmanuel will continue to oversee the integration while assuming the role of global leader in Fragrances and Beauty.

Prior to his appointment as Chief Integration Officer, Emmanuel had been President of Taste & Beyond at Firmenich since 2018. Under his leadership, the company has undergone a transformational journey, becoming a global partner of choice for innovation. He also brings extensive experience in the personal care sector, having previously served as President of Solvay's Novecare global business unit. Prior to this, he spent 17 years at BASF, where he held the position of Strategic Vice President, Agricultural Products Division. Emmanuel holds a degree in agricultural engineering and an MBA from the University of Lille, France.

With the arrival of Emmanuel, dsm-firmenich will bid farewell to Ilaria Resta, who will leave the company on July 1 to take up a CEO position with a prestigious watchmaking company. An extensive transfer process has begun, and the company expresses its gratitude for her contributions and wishes her every success.

Geraldine Matchett and Dimitri de Vreeze, joint managing directors of dsm-firmenich, commented on the event: " We are delighted to announce the appointment of Emmanuel Butstraen as President of our Fragrance & Beauty business. His deep understanding of our customers and exceptional leadership skills have delivered outstanding results. With his in-depth consumer knowledge and passion for fragrance, personal care and innovation, Emmanuel will strengthen dsm-firmenich's position as the partner of choice for our customers, enabling them to enhance and strengthen their brands. ".

In his new role as President of Perfumery & Beauty, Emmanuel will report to Co-CEO Dimitri de Vreeze.

In partnership with Ephyla, SGS France offers ReefTox

SGS, the world leader in cosmetics testing, inspection and certification, has teamed up with the Ephyla laboratory, via its EcoSeaStems initiative, to develop a complementary ecotoxicology test on corals.
A genuine innovation, the "ReefTox" test aims to assess the toxicological impact of a cosmetic ingredient or product on a population of corals representative of tropical/indopacific bathing areas (known as the "coral triangle"). Contrary to what already exists on the market, this new test developed by Vincent Bourgeteau, biologist at EcoSeaStems, evaluates the toxicity of products on 50 species/specimens of hard and soft corals (ReefTox50) to obtain a true representation of the coral population. A version on 12 corals (ReefTox12) is also proposed in case of doubt about the product or formula, to avoid the risk of damaging too many cuttings.

Over the past 1 year, our customers' requests for tests have increasingly focused on the ecotoxicity and biodegradability of their products, enabling us to verify the effect of an ingredient or finished product on the environment. Testing the impact of suncare products on corals enables us to support our customers in their quest for naturalness. This new partnership is in line with our approach, initiated over 20 years ago, of carrying out ecotoxicology (and biodegradability) tests in seawater and freshwater on
raw materials or cosmetic formulas.
 "emphasizes François Richeux, COO Cosmetics and Hygiene at SGS Group.

We are proud to have succeeded in developing this test, the first of its kind in France. We began working on the subject in 2020, at the start of containment. Worldwide, a large number of cosmetics laboratories have banned chemical UV filters and switched to mineral filters. ReefTox is the ideal solution for measuring the impact of these reformulations on coral environments. "says Vincent Bourgeteau, biologist at EcoSeaStems.

Corals, essential to the ecosystem

Corals, which come together to form coral reefs, are home to 25 % of life.
The world's coral reefs are home to almost two million different species. 500 million people depend on them for their livelihood.
Yet it is estimated that around a quarter of the world's coral reefs have already suffered irreversible damage, and two-thirds are seriously threatened. The cause continues to be human activity, which is gradually degrading marine habitats.

The foundations of an unprecedented test

To assess the short- and medium-term impact of a cosmetic ingredient on 50 coral species, the corals are placed in a seawater aquarium whose physico-chemical parameters (temperature, pH, oxidation-reduction, salinity) are controlled to meet coral culture requirements. After an adaptation period (2h), the sample to be tested is dosed and then placed in contact with the corals for approximately 24h. During this period, regular monitoring of water physico-chemical parameters, general condition and coral survival is carried out by and under the supervision of a coral aquaculture specialist.
At the end of the contact period, the corals are transferred to quarantine aquaria, containing standardized seawater, for a period of 2 weeks. During this quarantine period, the general condition and survival of the corals, as well as physico-chemical parameters, are regularly monitored by a coral aquaculture specialist.
Evaluation of the survival and general condition of the corals, as well as of the various physico-chemical parameters during the contact and quarantine periods, enables short- and medium-term assessment of the impact of the products to be tested.

SGS, a global offer for the world of cosmetics in search of naturalness

With world-renowned expertise in cosmetics testing, auditing and certification, SGS France carries out over 15,000 tests every year and works with over 800 customers to offer them a wide range of services to help brands verify the safety, quality and performance of their products, and support them in their ecological transition process.

This involves checking that cosmetics and personal care products comply with the requirements of applicable regulations and other relevant regulations on cosmetics, aerosols and hazardous substances. SGS experts can also verify the compliance of products and manufacturing processes with various social and environmental standards. At the same time, in the context of the circular economy, SGS teams are in great demand when it comes to bulk, reusable packaging (recycled or not) for technical, dosage and regulatory issues.

Stella McCartney Beauty's innovative cosmetic refills contain up to 90 % of Sabic's certified renewable polymers.

- Global value chain collaboration enables a breakthrough in the cosmetics market with refill containers and closures made almost entirely from certified mass-balancing polymers from Sabic's Trucircle portfolio.

- Renewable raw materials of plant origin support the customer's vegan brand image.

- Refillability, the use of renewable materials and recyclability combine to offer a sustainable packaging model.

Sabic, a global leader in the chemical industry, has teamed up with Stella McCartney Beauty and three renowned French plastics converters (Texen, Leygatech and STTP Emballage) to create a set of innovative new refill containers for skin and eye care, produced with certified renewable polymers from Sabic's Trucircle portfolio. The containers, which have already been introduced to the market in North America and the UK, are considered a global breakthrough in responsibly sourced and implemented cosmetic packaging.

Abdullah Al-Otaibi, Managing Director, ETP & Market Solutions at Sabic: " This innovation marks a significant step forward in the transformation of cosmetics and skincare packaging towards fully sustainable material alternatives. Furthermore, it demonstrates that our certified renewable polymers can facilitate change by providing effective replacement solutions without any compromise in terms of processability, purity, quality or convenience. "

The new refill containers have been designed for use with Stella Alter-Care serum and Restore cream. They contain three Sabic polyolefin resins with a mass-balanced content of up to 90 % of certified renewable raw materials, in line with the cosmetics manufacturer's vegan brand. The container heads are molded in impact-resistant Sabic HDPE polyethylene (PE) by Texen, a major player in the market for sustainable cosmetic packaging products. For the container bodies, Leygatech, a leading manufacturer of barrier and multi-layer films, supplies a Sabic LLDPE (linear low density polyethylene) film, which is then processed and printed for container finishing by STTP Emballage, a specialist supplier of film lamination and flexographic printing services. Injection-molded Flip Top closures by Texen in Sabic PP polymer complete the package.

With Stella McCartney Beauty's sustainable container refill concept, the use of renewable raw materials meets consumer demand for a more responsible use of packaging resources. What's more, once containers have reached the end of their useful life, the material value of PP and PE polymers can be recovered through polyolefin recycling, making it a sustainable packaging model.

Sabic's certified renewable polymers include various polypropylene and polyethylene materials derived from second-generation renewable feedstocks, which are selected to avoid direct competition with food and feed production and are not linked to direct or indirect land changes. A cradle-to-gate lifecycle analysis confirmed the superior sustainability of these polymers, concluding that each kg of the company's bio-based resins reduces CO2 emissions by an average of 4 kg compared to virgin fossil-based alternatives, while reducing fossil resource depletion by up to 80 %. What's more, these plant-based materials make it easier to switch from existing fossil applications without compromising on purity, quality, safety or convenience.

The mass balance of renewable raw materials in Sabic materials is validated by an independent third party according to the widely recognized International Sustainability & Carbon Certification (ISCC Plus) scheme, following a clearly defined and transparent set of rules. This approach enables the renewable content used in the production and conversion of plastic materials to be attributed to the final application. Certification also ensures traceability throughout partners' supply chains, from raw material to end product, and enables brand owners to document the sustainability of their packaging to consumers.

BeautyMix, an example of collaboration between disruptive startups and major groups

BeautyMix offers a solution disruptive in the beauty sector by enabling consumers to make their own cosmetics thanks to a robot and a mobile app. To be launched in 2019, BeautyMix is booming, and has been able to count on the support of major cosmetics groups. Indeed, although the innovation proposed by BeautyMix may seem to be in direct competition with major cosmetics brands, the start-up has been accelerated by major players such as L'Oréal, Sephora and Coty. This collaboration benefits the start-up and major groups underlines the importance of cooperation between actors to encourage innovation and sustainability in the beauty sector. A look at a little-known entrepreneurial approach.

The beauty sector is constantly evolving, driven by technological innovations and new consumer trends. Numerous start-ups are emerging to provide innovative and disruptive solutions, challenging the hegemony of the major cosmetics brands. The example of BeautyMix illustrates this duality between start-ups and major groups, and invites us to explore their relationship in the cosmetics sector.

Collaboration with major cosmetics groups

The collaboration between major groups such as L'Oréal, Sephora and Coty and young start-ups such as BeautyMix may appear to be in competition, but in fact reveals a mutually beneficial symbiosis:

  • On the one hand, major cosmetics groups can leverage the innovation and agility of start-ups to anticipate trends and rapidly adapt to changing consumer expectations. By supporting start-ups like BeautyMix, major brands strengthen their market position and assert themselves as responsible, innovative players.

Let's take an example Make your own This is a real cost-saving measure. What's more, the major cosmetics groups need to take this trend into account and rethink their strategies to offer more affordable, cost-transparent products. The expertise of BeautyMix on these subjects is at the heart of its success, and collaboration with start-ups like we enables us to get closer to consumer expectations and adapt to a fast-changing market, where value for money and transparency are increasingly prized "explains Nelly Pitt - founder of BeautyMix.

  • On the other hand, start-ups benefit from the financial support, expertise and networks of major groups to accelerate their development and access new markets. Collaboration with major players in the sector also gives start-ups a certain credibility with consumers and investors.

" The relationship between start-ups and major groups in the cosmetics industry may seem ambivalent, but it's not. demonstrates a complex and mutually beneficial dynamic. By collaborating with start-ups, major brands can remain competitive and renew themselves, while start-ups benefit from the resources and expertise of established players to accelerate their growth. The case of BeautyMix illustrates this duality, and underlines the importance of cooperation between different players to encourage innovation and sustainability in the beauty sector. That's what we've taken away from the acceleration experience, which we hope will have a follow-up. ! " explains Nelly Pitt.

Crodarom's Eri360°-labelled ingredients

Since 2019, Crodarom has been using the ERI 360° label to provide guarantees on the transparency, traceability and sustainable performance of a selection of its most eco-responsible ingredients. The ERI 360° label was created by 13 French cosmetics companiesi in collaboration with the PASS (Parfums Arômes Senteurs Saveurs) competitiveness cluster, now known as Innov'Alliance. This label provides the cosmetics industry with a monitoring tool, a complete assessment of the ingredient's entire production chain, from cradle to gate. An analysis grid reviews the raw material, supply chains and process for each ingredient, enabling manufacturers to :

  • Define the level of responsibility of cosmetic ingredients by assessing raw materials, supply chains and processes as well as practices.
  • Develop environmentally-friendly ingredients by measuring their current performance (social, environmental) and suggesting improvements for the future.
  • Offer credible business practices, build trust and demonstrate sustainable performance.

The final score obtained from an evaluation of 100 SMART indicators awards ingredients three label levels: gold (final score >95/100), silver (final score between 85 and 95/100) or bronze (final score between 75 and 85/100).

The 2022 assessments were very successful for Crodarom, with a total of 7 labels:

- Silver labels

o Crodarom Green Caviar

o Fruitliquid Kumquat

o Crodarom White Truffle

o Phytessence Hazel Leaf

o Crodarom French Saffron

- Gold labels

o Crodarom Beech

o Crodarom Banana Flower EC.

It is worth noting that Crodarom was awarded the only two gold labels of all the assessments carried out in 2022, for all producers combined.
These labels confirm the brand's strong investment in selecting sustainable supply chains and trusted partners, with whom it strives to build win-win relationships. In addition, direct exchanges with suppliers offer greater transparency and optimal traceability.
With regard to the manufacturing process, this label recognizes its internal impact assessment and the high ecological performance of its various processes, including its cutting-edge microwave- and ultrasound-assisted extraction technologies.

This comprehensive assessment also provides recommendations for improving the sustainability of these and other ingredients in its ranges. A prevailing corporate culture for the pursuit of ever-stronger CSR performance, which is realized daily as part of its Be Actively Committed program.

Fedrigoni passes the 2 million euro sales mark

By 2022, Fedrigoni had increased its sales by 37 % and passed the 2 billion euro mark. This growth applies equally to high-end labels and self-adhesive materials, as well as specialty papers.

  • The Group confirms its position as the world's leading player in wine labels and specialty papers for luxury packaging, second in design papers and third in self-adhesive materials, thanks in particular to the 6 acquisitions made last year, bringing the total number of transactions since 2018 to 12.
  • Fedrigoni ended 2022 with sales of 2,2111 billion euros (+37 % vs. 2021), pro forma adjusted Ebitda of 340¹ million euros (+54 %) and around 80 million in investments.
  • Growth continued for both business units, which are asserting themselves in high-end segments: +43 % in sales for specialty papers and +31 % for self-adhesive materials.
  • CEO Marco Nespolo comments: " 2022 was a year of profitable and responsible growth, despite an unstable geopolitical context and supply chain disruptions. A flexible business model, a focus on innovation, constant transformation and the involvement of our employees have enabled us to confirm our position as the world's leading producer of wine labels and specialty papers for luxury packaging. "

The Fedrigoni Group, one of the world's leading players in high-end labels, self-adhesive materials and specialty papers for luxury packaging and other creative solutions, has closed 2022 by surpassing the 2 billion euro sales mark: 2.2 billion versus 2021's 1.6 (+37 %), distributed between Italy (504 million, +44 %), the rest of Europe (1,054 million, +36 %) and the rest of the world (653 million, +31 %), with adjusted pro forma Ebitda of 340¹ million (+54 % versus 2021) and around 80 million euros of investments (over 60 in 2021).

This growth concerns both of the company's business units, which in recent years have been repositioned in high-end product segments. Sales of labels and self-adhesive materials reached 1,307 million euros (+31 %), while sales of specialty papers for luxury packaging and other creative solutions reached 904 million euros (+43 %). Today, Fedrigoni employs over 5,000 people in 28 countries, has 68 production plants and slitting and distribution centers, and distributes 25,000 products in 132 countries; the Group is the world's leading player in both luxury packaging and high-end wine labels, third in self-adhesive solutions for industrial use (pharmaceuticals, food and beverages, household and personal care products) and second in art and creative papers.

" 2022 will have been another year of profitable and responsible growth for Fedrigoni, despite a difficult economic climate. unstable geopolitical context and supply chain disruptions "comments CEO Marco Nespolo. " Our Group is a flexible, innovation-driven business model. Its constant transformation and the involvement of our employees have enabled us to confirm our position as world leader in the production of wine labels and special papers for our mission: to create materials that are sources of inspiration for our customers. for brands worldwide. The year ended on a positive note with the entry of in the shareholding of a new private equity fund, BC Partner, which has supported Bain Capital in our growth trajectory over the next five years, and the entire the management team reinvested in the company. "explains Marco Nespolo.

" Since 2018, Fedrigoni has undertaken a profound transformation in terms of product ranges, geographical presence, go-to-market, operating model, culture and governance "continues Marco Nespolo. " In 2022, we pursued our acquisition plan, with six operations in the United States, Turkey, Spain and France, bringing the total number of mergers to 12. acquisitions over the past four years. In the self-adhesive segment, Spain's Divipa, French RFID solutions specialist Tageos and Turkey's Unifol are now part of the Group. This has enabled us to expand into the coating film segment for vehicles; as for specialty papers, in addition to the acquisition of Spanish company Guarro Casas and France's Zuber Rieder, we signed an agreement with American Mohawk to expand our presence in the United States. The year 2023 began with two major operations: a industrial partnership with a specialized translucent paper manufacturer in China, and the acquisition of a research and development center in Grenoble, France (both of which were part of the Group's R&D strategy) part of the Arjowiggins Group, which filed for bankruptcy last September). But that's not all. We we have also made progress on all fronts of our strategic plan: from improving our supply chain to the innovation of ever more distinctive and sustainable products, from the attention to customer experience to the creation of a safety-focused working environment and development of our employees while remaining focused on our impact environmental and social. "

Commitment to sustainability underpins the entire Fedrigoni strategy, which in June 2022 was awarded the Platinum Medal by the international Ecovadis agency, placing the Group in the top 1 % of companies in the same sector for ESG performance. The most complex operation involves reducing CO₂ emissions by 30 %. Other targets for 2030 include a 10 % reduction in water requirements (of which 97 % is returned clean to the environment), the recovery of all waste with a view to complete circularity, and a product offering comprising only recyclable special papers and self-adhesive materials suitable for recycling or reuse. Fedrigoni's priorities in terms of product innovation include supporting customers in the ecological transition: from replacing plastic with paper to recycling waste in a logic of circularity. In the social sphere, the company is committed to creating a safer, more inclusive environment: from reducing workplace accidents (the target for 2030 has risen to -85 % compared with 2020, from -67 % previously) to increasing the number of women in management positions, which is expected to be 35 % by 2030 (from 30 % previously).

" The first months of this year have not been easy. "concludes the CEO, " demand continues to be extremely volatile, as shown by the slowdown in volumes: sales in the 492 million in the first quarter, down 5 % on 2022. However, the decline in sales is well below the industry average of between -12 % and -20 %. Our solid industrial plan, our flexibility and our ability to adapt production to we were able to limit the impact. We are now seeing positive signals from the market share. At last, energy and raw material costs are falling, and the markets that we serve - luxury goods, wines and spirits, pharmaceuticals, etc. - are doing well. - are doing well and we are gaining market share in all sectors. That's why we remain optimistic and believe that the economic situation will gradually improve over the course of the year. Our Our long-term vision and ambition remain unchanged: to become a world leader in our sectors. business with increasingly durable products, accelerating our expansion in the United States and in Asia. "

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