Korozo Group releases 2023 Sustainability Report

Korozo Group, a sustainable flexible packaging specialist, has published its latest GRI-approved Sustainability Report, confirming the progress towards creating a safe, secure, circular future.

The Korozo Group 2023 Sustainability Report centers around the three pillars of People, Packaging and Planet. Each is an important focus for the group, with substantial improvements being made across the board over the reporting period. Improvements continue to be made and will be included in future reports. Recent examples include receiving an EcoVadis Silver Medal and achieving a CDP A rating.

According to the report, the company achieved a 16 percent reduction in Scope 1 and 2 emissions reported versus the previous year, with electricity savings of 1,037,792.45 kWh and 21,176.56 cubic meters of savings in natural gas from energy management and efficiency initiatives. The group also reduced water consumption and discharge; 79 percent of non-hazardous waste generated from production was recycled, and 41 percent of hazardous waste generated from production was recycled.

Sixty-four percent of the group's total packaging production in 2023 was recyclable, with 1,400 metric tons of recycled material used during production. The company designs and optimizes all products to be recycle-ready by 2030 and has defined targets that clearly state the proportion of recycled content to be included in food and non-food packaging in the future.

The report updates in the packaging section also mentions collaborating with partners to increase the availability and use of recycled content and partnering with household names and global brands to create impactful packaging that is sustainable by design.

Korozo lists its safety culture transformation efforts, visible leadership commitment, ergonomics risk analyses and other safety improvements as helping to reduce lost workdays by 67.2 percent, cut the number of accidents by 56.1 percent and lower the accident frequency rate by 65.6 percent year over year.

Tugce Cevik, sustainability and HSE director at Korozo Group commented: ‘Each of these developments and initiatives example the progress we are making on our sustainability journey. Ensuring excellence throughout the business, exceeding customer expectations, and prioritizing safety will enable us to deliver on the environmental, social and governance responsibilities we shoulder as a leading flexible packaging manufacturer.

‘We are assured and committed in our goals and know that we are firmly on the path to creating a circular future for all and meeting our promise of delivering sustainability, pack by pack.’

Korozo Group CEO Adam Barnett, added: ‘In an era marked by global economic challenges, environmental crises, and financial volatility, sustainability is no longer just an option – it is a fundamental necessity. It is vital to securing the future of our business and our planet. At Korozo, we understand the importance of building a more sustainable and resilient world, and we are committed to managing today with a clear focus on tomorrow.

‘Sustainability is at the heart of our business, guiding our actions and shaping our future. We are dedicated to minimizing our environmental impact and acting responsibly for the benefit of current and future generations. Our goal is to lead on sustainability, particularly within the packaging industry, and we are committed to achieving this with complete transparency.

‘Our 2023 Sustainability Report clearly evidences this. I thank our dedicated team members, engaged stakeholders, and valuable customers who have helped shape and implement the Korozo Group Sustainability Strategy. Together, we will continue to work towards a better world with unwavering dedication and commitment.’