As a global supplier of custom packaging and retail displays for major brands, TPH Global Solutions® helps brands and retailers like Costco, Sam’s Club, and Walmart meet their sustainability goals. In recognition of Earth Day’s 2024 theme, “Planet vs. Plastics” TPH President, CEO David Schmidt was interviewed for the newsletter published by Chicago law firm Neal Gerber Eisenberg. Here is an overview:
While sustainability initiatives are often portrayed as a burdensome business expense, reducing waste in retail packaging, displays and supply chains is good business.
Among the tactics TPH deploys is a holistic approach to supply chain management, boosting efficiency and streamlining of materials that results in sustainably lower costs, less time and a competitive advantage for the brands we serve.
TPH Global Solutions® helps clients reduce their carbon footprint with comprehensive supply chain audits that identify optimal work flows while eliminating the inefficiencies of wasteful freight, handling, and travel distances. If you’re not taking a thorough and holistic approach to supply chain management, you may miss significant gaps in your suppliers’ workflows that could result in significant delays and unanticipated costs. By reducing even marginal waste in fuel, shipping, or container space, optimized supply chain processes shrink both the environmental footprint and the cost.
Optimizing every aspect of a client’s supply chain produces sustainable results with the continual improvement of processes for measuring, monitoring, and executing supply chain efficiencies. In most cases, transportation efficiencies will offset sustainability-related increases in material and labor costs.
Reducing Plastic in Product Packaging
Incorporating the classic Three “Rs” (reduce, reuse, and recycle) as the cornerstones of our strategy, TPH makes tangible strides in helping clients reduce waste – and plastics in particular. Initiatives by major retailers, led by Walmart, to reduce plastic packaging have led to redesigns like the elimination of one half of the plastic “clamshell” package commonly used for products like batteries. With the goal of eliminating the use of all non-recyclable plastic by 2025, retailers are requiring that plastic used for product packaging and displays contain a minimum of about 60% recycled content. Such retailer requirements, along with consumer expectations, will continue to drive innovations in packaging and greater demand for sustainable options.
Our Sustainability Goals for 2024
At TPH Global Solutions, sustainable practices are built into the work we do for our clients, but we know that there is always room for improvement. As part of our ongoing commitment and company sustainability principles, the TPH Global Solutions team has established goals for 2024 that include:
- The reduction of virgin plastic components in packaging and displays (including film lamination) by 75%
- Increased use of post-consumer recycled plastic content to >60%
- Reduced transportation by 100,000 miles
- Reduced container and truck demand by 20%
Learn More
Good sources of information for guidance in developing sustainability standards can be found on the following industry websites:
Partner with TPH for Sustainable Retail Success
At TPH Global Solutions, we are committed to using sustainable practices in the design and production of our clients’ packaging and displays. A successful and sustainable retail program is one that minimizes waste and maximizes efficiency at every step. To learn more about how you can get more out of your retail program and meet your sustainability targets, speak to one of our custom retail display experts today.
