During an earnings call, executives also discussed maintaining higher inventories to mitigate any disruptions related to conflict in the Middle East and advancing Berry integration synergies. Amcor plans to open a new headquarters. “Beginning in 2027, we will initiate the migration and consolidation of select corporate functions to a new U.S. headquarters in Miami, Florida, aligning resources more closely with our operating footprint,” said CFO Stephen Scherger. Amcor’s head office is currently in Zurich. “Switzerland and Australia will remain important parts of our corporate footprint.” Amcor is also planning to adapt its fiscal calendar to align with the calendar year.

Greif, Inc. announced it has sold Delta Petroleum Company, Inc. (“Delta”), a North American filling and logistics services business, to PSC Group LLC, a North American leader in product handling, site logistics, railcar repair, and sustainability services for the petrochemical, refining, and marine industries. "We are happy to have worked with the PSC Group in a transaction that brings value to both parties," said Ole Rosgaard, President and Chief Executive Officer of Greif. "While Delta is a solid business that exemplifies our Legendary Customer Service mindset, it no longer aligns with our core growth strategy of expansion into resin-based industrial products serving higher-growth and less cyclical end markets. The transaction value reflects the quality of both the business and our people, and the funds from this sale will be used to accelerate our strategic vision.”

PepsiCo reduced its virgin plastic use by 5% in 2024, exceeding an annual target of 2%, according to the 2024 ESG report it released Aug. 28. This is the consumer packaged goods company’s first such report to detail progress toward its newly revamped sustainability goals, which it announced in May. Chief Sustainability Officer Jim Andrew told Packaging Dive this spring that the company wanted to be transparent with its changes and publicly discuss the reasoning. Since announcing the PepsiCo Positive (pep+) sustainability program in 2021, “We’ve learned a lot, and the world has changed a lot, and so we wanted to incorporate those learnings and those external realities,” Andrew said. The goal updates follow PepsiCo flagging last year in its 2023 ESG report that it was unlikely to meet certain 2025 sustainability targets.