Kerry Logo

  • KYGa.I (ISE)
    View LSE

    20/05/2022 16:30 GMT
  • € 96.28
  • +2.18
  • Day High 97.14Day Low 94.78

Circular Economy

Our priority is to generate less waste and over the past five years we have made significant progress in this area.

The traditional linear economy is one based on an ethos of take-make-dispose, with insufficient consideration given to the impact or opportunity from our waste streams. Too often this waste is disposed of in ways that contribute to environmental contamination, negatively impacting on human health and the natural world around us.

Plastic Packaging

In response to the urgent need for action on plastics, we are expanding our commitments to ensure that all plastic packaging is reusable, recyclable or compostable by 2025. In doing so, we will support a more circular approach to plastic packaging and through a commitment to reduce the amount of virgin plastic we use across the Group by 25%, we will reduce our total plastics footprint over the same period.

Food Waste

An estimated third of all food produced is lost or wasted, with the result that the resources and impacts which go towards producing this food provide no nutritional benefit.

If we are to tackle the key environmental challenges associated with food production, an obvious place to start is by looking at ways to prevent food loss and waste.

At Kerry we have made significant progress over the past five years on waste and by 2030 our goal is to halve our food waste, in line with the global ambition under target 12.3 of the UN Sustainable Development Goals. Where we do create waste through our production processes, we will ensure that by 2025 this is diverted towards other productive uses and that none of this waste ends up in landfill.

We will also amplify our positive impact on waste reduction by working with our customers to support them as they tackle these same issues. For example, Kerry has the broadest portfolio of preservation technologies that allows our customers to meet the changing consumer demands for natural ingredients while ensuring they can continue to maintain or improve shelf-life thereby preventing waste.

Examples of how we have worked with customers to support them in reducing waste can be found here.