Overview
At The Trash Company, we pride ourselves on crafting innovative solutions tailored to unique client needs. In a recent engagement, we supported a client to dramatically reduce their Extended Producer Responsibility (EPR) Plastic Packaging Target from 1046 Metric Tonnes to a mere 31 Metric Tonnes. This monumental feat was achieved primarily by shifting liability to the concerned registered Brand Owners. This case study offers a comprehensive look at our strategic approach, the challenges faced, and the outcomes of this endeavor.
Background
The client, Ocean Packaging, is an eminent player in the plastic packaging sector. With an EPR Plastic Packaging Target looming large, they sought a viable strategy to minimize their environmental impact, ensure compliance, and reduce the economic burden associated with this liability.
Challenges
Existing Liability Scale: At 1046 Metric Tonnes, the client’s EPR obligation posed a huge financial challenge.
Regulatory Navigation: Understanding and adhering to the complexities of EPR regulations.
Strategy and Implementation
Liability Assessment: Initiated an exhaustive review of the client's existing packaging commitments and their role in the supply chain to determine where responsibilities resided and where they could be reassigned.
Engagement with Brand Owners: Identified the main Brand Owners whose products were packaged using our client's services and uploaded each and every sales detail on the EPR Portal.
Regulatory Alignment: Ensured all shifts in liability complied with EPR regulations, avoiding potential pitfalls and sanctions.
Results
Successful reduction of the client’s EPR Plastic Packaging Target to 31 Metric Tonnes, a reduction of over 97%.
Enhanced compliance with EPR regulations, safeguarding the client against potential non-compliance risks.
Cost savings due to decreased responsibility, allowing the client to invest in other eco-friendly initiatives.
Conclusion
Through strategic realignment and collaborative engagements, we successfully reduced Ocean Packaging's EPR Plastic Packaging Target by over 97%. This initiative not only enhanced our client’s sustainability profile but also showcased how collaborative approaches can lead to win-win scenarios in the realm of environmental responsibility.