As large manufacturers increasingly demand sustainable practices, it’s clear that embracing environmental, social, and governance (ESG) factors is becoming an essential consideration, especially in the packaging industry. At Primepac, we see this as an opportunity to lead in sustainability, creating solutions that benefit our planet, our communities, and our clients.
What is ESG?
Environmental, Social, and Governance factors are essential components that define how a business operates sustainably, ethically, and socially. By integrating these principles into your company’s operations, you build trust with clients, investors, and the wider community.
Sigma Earth | What is an ESG statement?
Environmental
Environmental principles include how a company minimises its carbon footprint by reducing waste, conserving energy, using sustainable materials, and other methods. At Primepac, we offer eco-friendly packaging solutions that not only meet the needs of businesses around the country but also help reduce our impact on the planet.
Social
Social responsibility involves how a company treats its employees, suppliers, customers, and communities. At Primepac, we value our relationships and ensure that everyone in our supply chain is treated with respect. This commitment to social responsibility is part of what makes us a reliable partner.
Governance
Governance refers to the internal practices and policies a company follows to ensure accountability, fairness, and transparency with their customers, investors, and community. At Primepac, we maintain a high standard of business ethics and ensure our operations are always putting the customer first.
5 ways to keep ESG at the core of your business strategy
ESG is not just a trend. It’s a fundamental framework that defines how a business should operate to maintain sustainable and ethical relationships with people and the planet.
1. Define measurable ESG goals
Firstly, your company must set specific and measurable ESG objectives that align with the mission statement and vision. These goals must address key areas, such as reducing carbon emissions, enhancing the workplace environment and culture, and accountability. Clear, measurable goals provide a great roadmap for making a positive impact.
2. Environmental stewardship
With your goals in place, it's time to explore innovative ways for your company to reduce its carbon footprint. Whether this is using renewable materials or cutting down on energy consumption, the aim is to create solutions that help you achieve your sustainability objectives. These practices will shape the business functionality and ultimately lead to a better environmental future for your company.
3. Corporate social responsibility
Beyond environmental initiatives, your business should show a genuine commitment to making positive social impacts. This includes fair labour practices, supporting local communities, and ensuring your operations respect and promote ethical rights. At Primepac, we are proud to have partners that share our values, which helps us drive corporate social responsibility in every aspect of our operations.
4. Governance
Strong governance is key to delivering on your ESG commitments. This involves transparent reporting, active stakeholder engagement, and regularly updating policies to align with best practices in sustainability. It also involves creating a culture of accountability at every level of the organisation. Ensure that ethical considerations guide decision-making and long-term value creation is prioritised over short term gains.
5. Develop sustainable supply chain practices
Sustainable sourcing
Next, take a look at your supply chain and start collaborating with suppliers who also adhere to sustainable and ethical practices. Establish supplier frameworks that align with your ESG standards, and conduct regular audits to ensure that these standards are upheld throughout the supply chain.
Transparency and Accountability
Finally, it is critical that you maintain transparency in your supply chain practices and hold the company accountable for meeting your measurable ESG commitments. Leverage data analytics and supply chain management technologies, to track and report on ESG metrics ensuring ongoing compliance and continuous improvement.
At Primepac, we hold ourselves accountable to very high standards, ensuring that every decision we make reflects our commitment to responsible business practices and making a positive impact.
The importance of sustainable packaging
Packaging is more than just a protective layer. It’s a crucial component in delivering quality products safely and efficiently while promoting your brand. Unfortunately, packaging methods can often lead to significant environmental challenges.
Ellen MacArthur Foundation notes a staggering 95% of the value of plastic packaging material is lost to the economy after just one use. What's more, 32% of this escapes collection systems entirely and ends up as litter.
As a leader of packaging supplies in New Zealand, we are dedicated to mitigating these impacts through innovative, sustainable solutions. Our commitment to sustainable packaging is rooted in the principles of circularity and the circular economy.
We believe in supplying packaging solutions that are not only effective but also environmentally responsible. That's why we strive to exceed industry standards.
For example, we supply Purewrap — a world-leading plant-based plastic wrap. Made from sustainably-grown sugarcane, the Purewrap production process actually removes more carbon from the atmosphere than it emits. It can also be recycled like traditional plastic, offering identical performance while significantly reducing its environmental impact.
Read more about our journey to a greener future in our 2024 Packaging & E-Commerce Report.
Innovations — Balancing sustainability & livelihood
The packaging industry is always striving to develop consumables that meet the highest standard of sustainability while also balancing quality and operational efficiency. At Primepac, we are committed to delivering these latest innovations and leveraging cutting-edge technology.
When you partner with us, we balance both sustainability and the viability of your business. We align every product we offer with our ESG objectives so that your packaging solutions can be tailored to your unique needs.
The consumables sector also faces increasing scrutiny for its environmental impact. That's why our range of consumables, is designed to support a circular economy where products are reused, repurposed, or responsibly disposed of, from eco-friendly cleaning products to biodegradable wipes.
Primepac — Your partner for a greener future
At Primepac, we actively collaborate with clients and suppliers to drive sustainable change in New Zealand’s packaging and consumable sector.
By offering eco-friendly packaging solutions and innovations, we empower our partners to transition to greener practices. We believe in setting new standards to maintain sustainable, socially responsible business practices in all our operations.
Our commitment to ESG principles helps to create value for our customers, community, and planet. Let’s work together to make sustainability the expectation.
