- Risks:
- suppliers adopting Net Zero SBT’s and actioning upon it
- regulatory framework that is clear, well thought-through technically and economically viable
- having closed loop circularity with reuse of post-consumer packaging / decreasing waste
- consumer adoption of more environmentally-friendly packaging (as sometimes this requires extra efforts, e.g. collecting / returning)
- Opportunities:
- decrease of operational costs due to energy and water use ratio improvements
- more resilient supply chain after shifting to renewables / in-house recycled materials production technologies
- innovative packaging solutions that can bring competitive advantage
- beverages reformulations that can drive lesser COGS
- lower carbon footprint portfolio that can help customers (retailers) to deliver on their NZ targets and thus putting such a producer as preferential supplier
- communities support; stronger employer branding helping to attract best talents
- Network effects:
- Collaboration within industry in transition to less-carbon packaging and shifting consumer patterns.
- Premiumizing portfolio through less-carbon innovations that can create a network effect to mainstream portfolio
- Consumers adopting new habits of using recycled or reusable packaging for their beverages that will create a new level playing field
- New recycling technologies becoming widespread
– Kateryna Ryabets, Switzerland