FPS Flexible Packaging Solutions
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:358,615.64 tCO2e/year
Scope 1 Emissions:1,800.18 tCO2e/year
Scope 2 Emissions:26,588.35 tCO2e/year
Scope 3 Emissions:330,277.11 tCO2e/year
Renewable Energy Share:70% (Vietnam plant)
Total Energy Consumption:67,732,829 kWh/year
Water Consumption:76.26 megaliters/year
Waste Generated:6,856.33 metric tons/year
Carbon Intensity:0.36 kgCO2e/USD
ESG Focus Areas
- Circular Economy
- Business Ethics and Integrity
- Energy and Emissions
- Waste Management
- Water and Effluents
- Talent Retention, Development, and Attraction
- Diversity, Equity, and Inclusion
- Occupational Health and Safety
- Customer Satisfaction
- Local Communities
- Cybersecurity and Data Privacy
- Building Sustainable and Resilient Supply Chain
- Innovation
Environmental Achievements
- Diverted 95% of waste from landfill.
- Achieved zero waste to landfill status at 9 of our 11 plants.
- Built and established a one-of-a-kind recycling hub in Romania to support our target of incorporating 30% post-consumer recycled materials in our packaging products by 2025.
- Developed an in-house post-industrial recycling (PIR) solution at our manufacturing plants, enabling a minimum of 30% recycled content in our products.
- Installed solar panels to power our plant in Vietnam with renewable energy (currently around 70% of energy consumed is from solar power).
Social Achievements
- Gained in workforce gender parity, with women making up 47% of all colleagues and 21% of leaders.
- Certified by the global authority on workplace culture as a Great Place to Work at all our global locations.
- Averaged a minimum of 21 hours of training received by colleagues.
- Covered 100% of our colleagues in our occupational health and safety management system.
- Recorded customer satisfaction score of 97%.
Governance Achievements
- Recorded zero cases of corruption or bribery.
- Recorded zero cases of non-compliance with laws or regulations.
- Set up a new FPS Sustainability Leadership Team, responsible for crafting and implementing sustainability strategy and initiatives across our operations.
Climate Goals & Targets
Long-term Goals:
- Contribute to nature positive by 2030.
Medium-term Goals:
- Include 30% post-consumer recycled material in our packaging products by 2025.
Short-term Goals:
- Achieve zero waste-to-landfill by 2023.
- Minimum 25% recycled content globally by 2025.
- Reach a Medical Case Rate of zero in all facilities by 2025.
- Positively impact 25 million lives by 2025.
Environmental Challenges
- Supply chain disruptions due to the conflict between Ukraine and Russia and related trade sanctions.
Mitigation Strategies
- Developed a risk management system for trade sanctions.
- Developed alternative sourcing strategies for raw materials.
- Provided transportation to safe zones for colleagues in Ukraine.
Supply Chain Management
Supplier Audits: All new and current suppliers providing manufacturing services must follow a five-step approach including self-assessment, work sample examination, site visit (potentially including an audit), final evaluation, and signing off on purchasing agreements.
Responsible Procurement
- Supplier Code of Conduct (covering workplace safety, diversity, fair wages, ethical conduct, sustainability, and compliance with laws).
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards 2021
Certifications: ISO 9001, BRCGS PM/FSSC 22000, ISO 14001 (some plants), ISO 45001 (some plants), ISO 27001 (some plants)
UN Sustainable Development Goals
- 3
- 5
- 6
- 7
- 8
- 12
- 13
- 14
- 16
FPS contributes to these SDGs through its day-to-day operations, partnerships, and community development activities.
Sustainable Products & Innovation
- MAPGuard
- WaterSafe
Awards & Recognition
- Great Place to Work® certification across all locations
- Supplier Excellence Award (FPS Flexibles UK)
- Excellent Supplier' and 'Best Quality Supplier' awards (FPS China, Huayou partnership)