Sustainable strategies for the FMCG industry
When thinking about the carbon footprint of the fast moving consumer goods (FMCG) industry, you need to consider the environmental impact of the different ingredients you use as well as the waste your product and packaging creates. But don’t worry, Stripe Blue has cooked up a successful recipe for your company.
Customer success stories
Key focus areas
In the FMCG sector, achieving sustainability is vital for future success. Key strategies involve embracing eco-friendly packaging, sustainable sourcing, energy efficiency, waste reduction, and thorough product lifecycle analysis. Our consultants can guide you in implementing these practices, aligning with consumer expectations and environmental stewardship. By innovating product design, ensuring supply chain transparency, and integrating ESG factors, we empower FMCG businesses to lead in sustainability, enhancing their market position and contributing positively to the planet.
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Sustainable packaging that ensures food safety and extends shelf life is a critical focus area. Exploring recyclable materials and transitioning to mono-materials or biodegradable options can significantly reduce environmental impact while maintaining the integrity and quality of food products. This approach not only aligns with environmental goals but also meets consumer demand for eco-friendly and safe packaging solutions.
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Partner with eco-conscious suppliers. Ensuring environmentally and socially responsible supply chains. Offer clear insights into product origins and manufacturing.
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Implement lean manufacturing to minimize waste. Explore upcycling options for waste or by-products.
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Develop products with reduced resource use or more sustainable ingredients and components. Focus on minimizing environmental impact. Conduct regular assessments for environmental impact. Make informed, eco-friendly product development choices.
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Engage with various stakeholders for broader sustainability initiatives. Foster innovative, collective approaches to sustainability challenges. Inform about the benefits of choosing sustainable products.
Life Cycle Assessment
A Powerful Life Cycle Assessment (LCA) To Empower Your Product Sustainability, Navigating through the stages of your product’s life cycle analysis, we can let you reduce its environmental impact. Stripe Blue will support you in conducting the life cycle assessment of plastic packaging (bottles, bags, etc.), food & beverage packaging, or any other manufacturing goods.
Sustainable Development Goals (SDGs)
The United Nations (UN) Sustainable Development Goals (SDGs) are a list of 17 targets which should be met by 2030. Achieving them means addressing a series of social, economic, and environmental challenges. Both through workshops and private consulting sessions, Stripe Blue will let your company identify the goals that most align with your mission and integrate them into your business model. Doing so, you’ll boost your brand reputation, attract new talents, and future-proof your activity.
Our methodology
Assessment
Identify objectives, goals and to obtain and improve your ESG rating. Conduct assessment to get a picture on where you are today. Ensure the data collected during assessments is accurate and reliable. Simplify data collection for future updates.
GAP Analysis
Clearly outline the standards or benchmarks you aim to meet. Evaluate your current sustainability practices against the defined objectives. Highlight areas where there is a gap between the current state and desired sustainability standards.
Action Plan
Clearly define specific sustainability goals based on the GAP analysis. Develop concrete strategies and initiatives to achieve your sustainability goals. Break down larger goals into smaller, achievable milestones to track incremental success. Allocate necessary resources, including personnel, finances, and technology, for each initiative.
Implement Changes
Articulate the reason for the change and be open and transparent. Keep communication ongoing. Provide training and resources. Lead by example from leadership. Recognize and reward positive contributions.
Engage Stakeholders
Raise awareness about the importance of sustainability and its benefits. Make sure benefits and positive outcomes are clear to all. Encourage participation in sustainability initiatives, making stakeholders feel a sense of ownership. Provide regular updates on progress, challenges, and successes.
Continuous Improvement
Establish system to collect feedback. Regularly evaluate preformance. Gather insights to identify areas for improvement. Regurlaly review key preformance indicators and adjust accordingly. Mistakes are opportunities for growth and learning.
Want to learn more on how we can support your business? Reach out today.