INTRODUCTION
NOW AND NEXT
CIRCULAR ECONOMY
CIRCULAR DESIGN
CLIMATE
PEOPLE
COMMUNITIES
SUPPLY CHAIN
ESG DATA
APPENDICES
5
Redefining Packaging for a Changing World Our Purpose Our Purpose is ‘Redefining Packaging for a Changing World’. It’s our reason for being. It’s why we exist. It captures the value we bring to all our stakeholders and the wider world. We keep an eye on the future and recognise the changing world in which we operate. Towns, cities and entire populations are rapidly transforming. The growth in digital technology is revolutionising the way we shop, live and work. We expect to purchase products tailored for us, whenever we want them, delivered in a way that fits our busy lifestyles. We want more choice and convenience, but with less impact on the world around us.
Connecting our Purpose to the circular economy As the pace of change in the world accelerates and consumers demand more of the products and services they buy, there is in parallel an expectation that organisations of all kinds must radically reduce their impact on the natural world. And, wherever possible, create a positive impact for people and planet.
Sustainability is at the heart of our circular business We are a leading global packaging company, specialising in recyclable circular solutions Green revenues We are Europe’s largest paper and cardboard recycler, managing c. 6 million tonnes of paper every year, which is more material for recycling than we use to produce the packaging we sell
This presents huge opportunities for all of us, but also requires new ways of thinking. There’s a need for a new approach to packaging, one that is circular rather than linear, decoupling material consumption from finite natural resources. And a need for strong leadership in our industry. This is what drives us and why we have a shared purpose of Redefining Packaging for a Changing World.
We operate a circular business model, closing the loop for our customers over the entire life cycle
“Our Purpose requires every employee to look outside of the Company and forward, so we understand the context we operate in and the opportunities for the future. Through the pandemic and the tragic events in Ukraine, we have used this external sensing to support our communities and find solutions which have helped many of our stakeholders adapt to challenging circumstances.”
We use 100 per cent recycled or chain of custody certified papers to protect natural resources
Greg Dawson Director of Corporate Affairs and Sustainability
DS Smith Sustainability Report 2022
We are a Strategic Partner of the Ellen MacArthur Foundation (EMF), the recognised authority on the circular economy
We are a purely fibre-based packaging business and we are capitalising on the opportunity to help meet our customers’ aspirations for plastic replacement. The vast majority of our activities and therefore our revenues relate to the manufacture and sale of 100 per cent recyclable packaging.
Every day across Europe and North America, we collect waste paper and cardboard for recycling. This provides raw material for our paper mills, where we produce 100 per cent recyclable paper. From this we make packaging, using only 100 per cent recycled or chain of custody certified papers. This is the journey from one box to another in just 14 days at DS Smith. Watch Box-to-Box in 14 days
dssmith.com/sustainability
