HUHTAMÄKI OYJ PRESS RELEASE 24.4.2024 AT 15:00 EEST
The European Parliament voted to approve the Packaging and Packaging Waste
Regulation (PPWR) today on Wednesday April 24, 2024. The vote followed a
negotiation agreement reached on March 15 between the EU institutions on the
final version of the regulation.
The negotiation agreement, now endorsed by the European Parliament, brought
significant changes compared to the original proposal for the regulation by the
European Commission specifically in relation to restrictions of packaging
formats in HORECA sector and to take-away re-use targets.
"We welcome the European Parliament's vote to move forward on this important
piece of environmental legislation. The regulation includes ambitious and
binding recyclability and recycling targets for the industry. We are committed
to providing our customers with innovative and fully recyclable packaging
solutions. We are pleased that the regulation approved today by the European
Parliament respects the principle of best environmental outcomes by allowing the
use of renewable and recyclable paper-based single use packaging in the HORECA
sector", says Charles Héaulmé, President and CEO of Huhtamaki.
The EU Council is expected to confirm the adoption of the regulation later
during 2024 with the regulation being implemented during year 2026.
For further information, please contact:
Maria Tomminen, Senior Manager, Media Relations, Huhtamaki, tel. +358 10 686 700
HUHTAMÄKI OYJ
Global Communications
About Huhtamaki
Huhtamaki is a leading global provider of sustainable packaging solutions for
consumers around the world. Our innovative products protect on-the-go and on-
the-shelf food and beverages, and personal care products, ensuring hygiene and
safety, driving accessibility and affordability, and helping prevent food waste.
We embed sustainability in everything we do. We are committed to achieving
carbon neutral production and designing all our products to be recyclable,
compostable or reusable by 2030. Our blueloop(TM) sustainable packaging
solutions are world-leading and designed for circularity.
We are a participant in the UN Global Compact, Huhtamaki is rated 'A' on the
MSCI ESG Ratings assessment and EcoVadis has awarded Huhtamaki with the Gold
medal for performance in sustainability. To play our part in managing climate
change, we have set science-based targets that have been approved and validated
by the Science-Based Targets initiative.
With 100 years of history and a strong Nordic heritage we operate in 37
countries and 107 operating locations around the world. Our values Care Dare
Deliver guide our decisions and help our team of around 18 000 employees make a
difference where it matters. Our 2023 net sales totalled EUR 4.2 billion.
Huhtamaki Group is headquartered in Espoo, Finland and our parent company,
Huhtamäki Oyj, is listed on Nasdaq Helsinki Ltd. Find out more about how we are
protecting food, people and the planet at www.huhtamaki.com
(http://www.huhtamaki.com/).
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