ebooks
Building a Sustainable Future: Insights into Environmental and Ethical Practices
The consumer packaged goods (CPG) industry is undergoing a transformative shift. Customers demand sustainable products, and businesses are striving to meet these expectations while navigating stringent regulations and operational challenges.
Why Sustainability Matters
Sustainability isn’t just about meeting expectations; it’s a growth engine. In 2023, sustainable products accounted for 18.5% of the market, marking the largest annual increase in five years and driving one-third of the industry’s expansion. Yet, only 6% of CPG companies are on track to meet Net Zero commitments by 2050, highlighting the urgency to address these challenges.
Innovations like sustainability analytics and optimized operations are paving the way for CPG companies to lower their environmental impact while increasing productivity.