Circular Economy
Driving circular economy through sustainable packaging
Marico is spearheading innovations in product design to incorporate sustainable packaging materials, recycled materials, and to increase recyclability of the packaging materials. Our ‘Upcycle program’ is designed to integrate the principles and key performance metrics related to circularity within our overall packaging portfolio. We aim to achieve 100% recyclable packaging by 2025, practise 3R for effective management of pre-consumer and postconsumer waste. A set of 9 opportunity levers have been established to accomplish the 2030 goal.
The key business imperatives under this area include:
Recyclable packaging material share
Recycled content in plastic packaging
PVC share in packaging material
Packaging material intensity
Plastic intensity
Plastic waste neutrality – EPR compliance
Packaging material emissions intensity
KRAs
Achieve 100% recyclable packaging material share
Use recycled plastic in packaging
Performance
Success Stories
Sustainable Packaging Innovation to curb emissions and combat plastic pollution
Establishing strategic alliances to scale up the sustainable plastic agenda
Transitioning towards zero hazardous waste to landfill
Focus Areas
Climate Change
Achieve “Net Zero emissions” in global operations and mitigate value chain climate impact in-line with the 1.50 scenario
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Water Stewardship
Become a 'water steward' organization by enhancing water availability for local communities and ensuring water neutral operations
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Responsible Sourcing
Promotion and adoption of responsible practices throughout the supply chain
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Sustainable Agriculture
Boost economic self-sufficiency of farmers by improving the productivity of their farms
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Diversity and Inclusion
Diversity conscious and socially inclusive workplace.
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Corporate Governance
Ethical business, driven by responsible corporate behaviour and good governance.
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Purposeful brands
Make a difference to our stakeholders through sustainable products
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