Consumers Look for Nutrition, Taste, and Smart Packaging Options

Diversey is reinforcing its commitment to sustainability by replacing all1 its 5L canisters in its European factories to Post-Consumer Recycled (PCR) plastic in 2025. This initiative is a testament to the company’s ESG+C® formula for sustainability success, underscoring its dedication to delivering innovative solutions that drive positive environmental impact. Diversey's transition to PCR plastic will cut CO2 emissions by an impressive 35% across its 5L canisters every year. This reduction is equivalent to: *Greenhouse gas emissions from 628 petrol-powered cars driven for a year *The energy required to charge 217,545,166 smartphones *Carbon sequestered by 44,493 tree seedlings grown for ten years. “At Diversey, we recognize our responsibility to drive sustainability in packaging solutions. Replacing our 5L canisters to PCR plastic is a crucial step in reducing our carbon footprint and limiting our reliance on virgin plastic,” said Daniel Daggett, vice president, sustainability.

Berry Global Group, Inc. announced an agreement with PureCycle that will provide Berry with PureCycle’s Ultra-Pure Recycled (UPR) advanced recycled resin. This agreement is the latest in a growing list of advanced recycling material sourcing announcements from Berry and is the Company’s second based in North America. If given the option to buy products with recyclable or compostable packaging, 47% of Americans opt for recyclable products as their first choice, and 20% prefer compostable products. (Ipsos, Aug. 2021) *77% of Americans are concerned about the environmental impact of products they buy, and 78% are more likely to purchase a product that is clearly labeled as environmentally friendly. (Greenprint, April 2021) *64% of consumers say that buying sustainable products makes them feel happy about their purchases (this reaches 72% in the 25-35 age group). (Capgemini Research Institute, July 2020). As demand for sustainable products grows, customers look to Berry for access to recycled material and packaging design expertise to maintain their brand image and package performance. As a result, Berry continues its leadership position in the converter market for access to recycled plastic material – over 600 million pounds per year by 2025.

*Net sales of $1.38 billion, down 1% as reported; flat at constant currency *Net earnings of $58 million, down 57% *Cash flow from operations (YTD) of $193 million