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HUHTAMÄKI OYJ PRESS RELEASE 13.9.2022 AT 10:00 EEST
Huhtamaki invests in Emerald Know-how Ventures’ sustainable packaging fund specializing in subsequent–era sustainable packaging options
Huhtamaki, a world superior producer of sustainable packaging options, announces its funding in Emerald Know-how Ventures’ sustainable packaging fund. As a restricted associate, Huhtamaki will assist to foster subsequent–era sustainable packaging options and faucet into nascent innovation of start-ups.
Huhtamaki is dedicated to making sure that its innovation for sustainable packaging options has a web optimistic impression by reaching carbon impartial manufacturing and designing all its merchandise to be recyclable, compostable or reusable by 2030. In keeping with this, Huhtamaki is repeatedly investing in innovation and in search of to develop next-generation, transformative innovation. The funding into Emerald Know-how Ventures’ sustainable packaging fund follows Huhtamaki’s earlier collaboration with start-ups – launched in 2020 as a part of Huhtamaki’s centennial – which demonstrated the worth of partnerships in figuring out, growing and deploying systemic options to ship game-changing sustainable packaging options for the long run.
“For us to proactively drive next-generation innovation – that can change the face of the packaging business – we have to examine all avenues and associate with specialists to take action. Our focus is on delivering sustainable packaging options, with a web optimistic impression, driving accessibility, affordability, hygiene and security of meals for customers all all over the world. We embed sustainability in every thing we do and are joyful to spend money on Emerald’s sustainable packaging fund as it’s aligned with our strategic priorities. We stay up for working with Emerald, whose experience and international attain will assist us discover new prospects to create worth for our prospects and shareholders in addition to our staff and the planet”, says Charles Héaulmé, President and CEO at Huhtamaki.
Emerald Know-how Ventures – a pacesetter in industrial expertise enterprise capital – introduced the launch of a fund centered on sustainable packaging in April 2022. The fund is without doubt one of the first venture-backed funding autos concentrating on the complete packaging lifecycle. With the worldwide packaging sector set for progress amid a significant push to cut back waste and greenhouse gasoline emissions, the fund goals to catalyze leaps within the superior supplies and industrial applied sciences that can each profit the planet and earn important returns. Leveraging its lengthy observe report of working with international company companions, Emerald will search investments in sectors throughout all levels of the round economic system, starting from good packaging to uncooked supplies to plastics recycling.
“We’re thrilled to be working with Huhtamaki within the push to rework the packaging sector. Packaging is an important a part of our fashionable industrial panorama, and we’re excited to work with Huhtamaki on growing sustainable options which make sure that innovation in packaging has a optimistic impression”, says Gina Domanig, Emerald Managing Associate.
For additional data, please contact:
Media: Arto Gröndahl, Media Relations Supervisor, tel. +358 10 686 7107, media@huhtamaki.com
HUHTAMÄKI OYJ
World Communications
About Huhtamaki
Huhtamaki is a key international supplier of sustainable packaging options for customers all over the world. Our modern merchandise shield on-the-go and on-the-shelf meals and drinks, making certain hygiene and security, driving accessibility and affordability, and serving to forestall meals waste. We embed sustainability in every thing we do. We’re dedicated to reaching carbon impartial manufacturing and designing all our merchandise to be recyclable, compostable or reusable by 2030.
We’re a participant within the UN World Compact and EcoVadis has awarded Huhtamaki with the Gold medal for efficiency in sustainability. To play our half in managing local weather change, we have now set science-based targets which were accredited and validated by the Science-Primarily based Targets initiative.
With 100 years of historical past and a robust Nordic heritage we function in 37 nations and 113 working areas all over the world. Our values Care Dare Ship information our selections and assist our staff of over 19,000 staff make a distinction the place it issues. Our 2021 web gross sales totaled EUR 3.6 billion. Huhtamaki Group is headquartered in Espoo, Finland and our mum or dad firm, Huhtamäki Oyj, is listed on Nasdaq Helsinki Ltd. Discover out extra about how we’re defending meals, folks and the planet at www.huhtamaki.com.
About Emerald Know-how Ventures
Emerald is a globally acknowledged enterprise capital agency constructing a sustainable future on the crossroads of business and expertise. Based in 2000, it’s a pioneer in open innovation, offering multi-national companies with wealthy deal move and perception within the sectors and markets of tomorrow. Emerald has managed and suggested belongings of over €1 billion from its workplaces in Zurich, Toronto and Singapore. The agency is devoted to tackling huge challenges in local weather change and sustainability by way of over 500 enterprise transactions and 5 third-party funding mandates, together with mortgage ensures to over 100 start-ups. www.emerald-ventures.com.
