Munich, Germany, November 17, 2021: IFCO, the world’s leading provider of Reusable Plastic Containers (RPCs) for fresh food packaging, presents its comprehensive ESG (Environment Social Governance) 2025 strategy to thrive in the circular economy. The company publishes ambitious goals to positively impact the planet and society with the ambition to achieve net zero carbon emissions in its value chain by 2040.
The main objectives include combating climate change, embracing diversity and inclusion as well as reducing food waste and single-use packaging. Along with the ESG strategy, IFCO also publishes its first standalone ESG Report. The comprehensive report focuses on key material topics for the business in the areas of Thriving Business, Thriving Planet and Thriving Society and conforms to global reporting standards including the Global Reporting Initiative, Sustainability Accounting Standards Board (SASB) and United Nations Global Compact.
IFCO’s business model fosters the principles of circular economy since the company was founded almost 30 years ago. Recently, the European Lift-Lock range of RPCs was awarded the Cradle to Cradle Certified® Silver certification. IFCO RPCs are reused up to 120 times, cleaned, disinfected, and granulated at the end of their life cycle to produce new containers. This process offers numerous environmental benefits. For example, IFCO enables significant CO2, water, and energy savings compared to single-use packaging, as well as reducing solid and food waste. As the global market leader in the sustainable transport of fresh food, IFCO wants to enable producers, retailers, and consumers to do their part to protect the environment and create a resource-efficient supply chain. In 2021 alone, IFCO customers reduced the carbon footprint in their supply chain by up to 60% compared to using single-use packaging.
New strategy intensifies efforts for resource-efficient supply chains
IFCO has already taken numerous measures to make its business operations more environmentally friendly. For example, materials are recycled and, at the end of their life cycle, reused to produce new IFCO RPCs. This is one of the reasons why IFCO has received Cradle to Cradle certification at Gold level in Material reutilization. In addition, IFCO reduces CO2 emissions by optimizing its network and using multimodal transport. The company is also improving technologies in its washing centers to maximize water reuse and reduce energy consumption through closed-loop systems. IFCO also works with food banks around the world, reducing food waste and supporting people in need.
“We have already achieved considerable success with our measures to be more environmentally friendly. At the same time, we acknowledge that it is time for further action. Together with our partners, we are working every day to make our business model even more sustainable. Our new ESG strategy helps us to fulfill our purpose to make fresh grocery supply chains sustainable and have a meaningful positive impact on our planet and society”, explains Michael Pooley, CEO at IFCO.
IFCO has also recently become a signatory of the UN Global Compact supporting its Ten Principles, reinforcing its commitment to human rights, labor standards, the environment and anti-corruption.
IFCO’s ESG strategy to thrive in the circular economy focuses on three main pillars
As detailed in the ESG report, IFCO´s 2025 goals are closely aligned with the United Nations Sustainable Development Goals (SDGs). Specifically, the circular essence of its business model supports its customers in achieving SDG 12, Responsible Consumption and Production. IFCO´s ESG strategy encompasses its ambition to thrive in the circular economy and together with its partners, cease the opportunity to create a better future for its employees, customers, and society.