Plastic is a valuable material and critical to the success of many businesses. However, rapidly increasing financial costs are already too high for things to continue as usual.
With new fees and taxes also coming into force in 2022 and 2023, it’s estimated that businesses are going to be faced with a 21-fold increase (vs 2017). This moves packaging from a marginal cost of doing business, to a major threat to the bottom line which requires business-wide action.
In this first of two packaging reports by Sancroft, we lay bare the key risks and business case for change, and share insight that will provide you with a clear action plan to make this issue a priority for the board and senior leadership team.