Food manufacturer Arnott’s Group has shared its sustainability goals, described by its transformation officer as stretching but eminently achievable.
Arnott’s, acquired in late-2019 by private equity firm Kohlberg Kravis Roberts, told its staff last week of the targets, such as:
- Net-zero greenhouse gas emissions by 2040;
- 100 per cent reusable, recyclable or compostable packaging by 2025; and
- And 100 per cent sustainably sourced ingredients by 2035.
Simon Lowden, chief transformation officer and head of sustainability, told The Australian Financial Review that the goals were “stretching” but also “eminently achievable.”
Major changes would be needed to meet the 2025 packaging target, which could include switching from non-recyclable multilayer flexible packaging to recyclable mono-plastics, and changing to cardboard and paper wrapping where suitable.
“Over the past decade there have been companies and countries that have been guilty of putting lines in the sand but not having a hope of hitting those lines in the sand,” Lowden told The AFR.
“What I’m passionate about is stretching us but doing it in a way that’s achievable, knowing we have a line of sight to achieve it.”
Recent moves by the company have included announcing the purchase of Melbourne snack and breakfast cereal manufacturer Diver Foods in February, and an announcement in February that it would undertake an $8 million expansion Campbell’s soup factory at Shepparton.
Subscribe to our free @AuManufacturing newsletter here.