Environmental, Social, and Governance (ESG)
As a part of the 2022 Reynolds Consumer Products Integrated Report, we discuss key Environmental, Social & Governance issues important to our business and stakeholders. The report covers January 1, 2022, through December 31, 2022.
Our Environmental, Social & Governance (ESG): Environmental and social issues affect not only the communities in which we operate, but also the long-term sustainability of our business. In early 2021, RCP established our ESG Framework to drive long-term growth, create positive change, and deliver value to our shareholders, customers, employees and other stakeholders. Our goals span three pillars: Our Products, Our People, and Our Communities. We outlined ten targets within these pillars, to help drive our team’s focus on the Environmental and Social factors that are most important to our stakeholders. Some of these targets are highlighted below.
Sustainability Options: RCP offers consumers an increasing number of sustainable products across our portfolio. We are also taking steps to reduce our operational packaging impacts and providing consumers with information to help them recycle or compost our products after use, as applicable.
Safety: We strive for zero incidents. We believe that every single person who comes to work should go home as healthy and whole as when they arrived. Our goal is zero injuries.
Diversity, Equity & Inclusion: Through discussions with our employees on how we could further our DE&I efforts and extend our culture and respect for others, we began a series of Unconscious Bias sessions and Listening Circles. Through 2021, we’ve added a company-wide, cross-functional DE&I Advisory Council, hired a DE&I Director, and continued to support several employee networking groups. We are using that input to create a strategy around four pillars: workforce, workplace, marketplace, and community.
The Hefty® ReNew® Program: In select communities, this program collects previously hard-to-recycle plastics at curbside and converts them into new energy resources. The materials can also be ground into smaller pieces to make new plastic products, including building products, construction materials, and plastic lumber. See more at HeftyReNew.com.
RECYCLING AND LANDFILL SAFETY
To encourage recycling, we are a leader in implementing the How2Recycle™ Label, which is a voluntary standardized labeling system that clearly communicates recycling instructions to the public. Standardized instructions are provided for both the product itself and recycling instructions for packaging on all of our Hefty® and Reynolds® brand products.
We understand that the ability to recycle is also dependent on the availability of collection and processing facilities in each community. We believe that use of disposable products is an individual choice. In making this decision, many take into consideration the “total carbon footprint” or environmental impact of non-renewable energy used to harvest, process, and transport renewable materials. Others consider the impact of labor, water, and energy in washing permanent products. Understanding that most U.S. communities currently use landfills to dispose of waste, our aluminum and plastic products are inert in a landfill and do not leach into ground water or contribute to methane gas.