Flexible packaging powerhouse embracing circular economy with firm commitments
TC Transcontinental has become the first Canadian-based to formally join the Ellen MacArthur Foundation’s New Plastics Economy Global Commitment
Ellen MacArthur Foundation
New Plastics Economy Global Commitment
Montreal-headquartered flexible packaging producer TC Transcontinental has become the first Canadian-based to formally join the Ellen MacArthur Foundation’s New Plastics Economy Global Commitment by pledging to make 100-percent of its packaging reusable, recyclable or compostable by 2025.
“We want to leave behind the legacy of a responsible corporate citizen, mindful of how today’s decisions will impact our collective tomorrow,” says TC Transcontinental’s president and chief executive officer François Olivier.
“We look forward to inspire change by pioneering the development of sustainable products and driving innovation to support our customers in their own sustainability journey,” says Olivier, adding the company has also committed to achieving at least 10-percent use of post-consumer content on average by weight across all plastics in its product portfolio.
“By joining the Ellen MacArthur Foundation’s commitment, we are furthering our corporate social responsibility leadership to ensure that plastic is effectively managed from sourcing to end-of-life,” Olivier states.
Adds TC Transcontinental’s chief strategy officer Magali Depras: “Integrated into the mandate of our Corporate Governance Committee, TC Transcontinental’s social responsibility priorities will continue to align with our business strategy.
“With our three-year Corporate Social Responsibility plans presenting quantifiable targets, coupled with our 2025 pledge to the New Plastics Economy Global Commitment, we are poised and determined to make
strides towards a Circular Economy—benefiting not only our industry as a whole, but also the communities in which we operate.”