Enhanced Investments - Financial Portal

Sonoco ISCC PLUS Certification Promotes Flexible Packaging Circularity

Published: 2024-05-13 21:15:00 ET

HARTSVILLE, S.C., May 13, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE:SON), one of the largest global sustainable packaging companies, is pleased to announce that Sonoco Flexible Packaging has received ISCC PLUS certification from the International Sustainability and Carbon Certification System within their EnviroFlex™ Recycled Content portfolio. This certification brings third party validation of resin sourcing practices at Sonoco’s Morristown, Tennessee facility. With this certification, Sonoco continues to build credibility as the market leader in high performing laminations containing recycled materials.

The ISCC PLUS certification is a voluntary commitment to increase transparency and to ensure the traceability of recycled material throughout the entire supply chain via mass balance. With this certification, Sonoco can provide customers with verifiable materials that contribute to the circular economy, help them meet sustainability commitments, and more broadly support expansion of the recycling infrastructure.

The EnviroFlex Recycled Content line of packaging is a portfolio of custom oxygen, moisture and grease barriers, ideal for a broad range of applications. This line is intended to bring circular practices to flexible packaging while maintaining the highest level of performance and machinability.

“As a Sustainable Forestry Initiative (SFI) chain of custody certified facility, the Morristown operations bring extensive knowledge for validating source materials,” said Laura Buen Abad, Vice President of Technology and Marketing. “Achieving ISCC PLUS certification within our EnviroFlex Recycled Content portfolio showcases our commitment to bringing circularity to flexible packaging.”

EnviroFlex Recycled Content can make a real difference in reducing virgin plastic uses and promoting circularity. With the ISCC PLUS designation, this product line will continue expanding Sonoco’s reach and provide access to innovative packaging solutions that are linked to circular materials.

If you would like to learn more about EnviroFlex Recycled Content or any of Sonoco’s sustainable flexible packaging solutions, visit sonoco.com/enviroflexrecycledcontent.

About ISCCISCC, International Sustainability and Carbon Certification, is a leading international certification system for fully traceable, sustainable, deforestation-free and climate-friendly supply chains. ISCC certifications are widely recognized, covering sustainable agricultural biomass, biogenic wastes and residues, non-biological renewable materials and recycled carbon-based materials. The development and implementation of certification standards is the basic tool to promote ISCC's mission to reduce greenhouse gas emissions and bring more sustainability to global markets and supply chains. To date more than 13000 valid ISCC certificates are in use in 138 countries. For more information visit: https://www.iscc-system.org/.

About SonocoWith net sales of approximately $6.8 billion in 2023, the Company has approximately 23,000 employees working in more than 300 operations around the world, serving some of the world’s best-known brands. With our corporate purpose of Better Packaging. Better Life.®, Sonoco is committed to creating sustainable products and a better world for our customers, employees and communities. Sonoco was named one of America's Most Responsible Companies by Newsweek. For more information on the Company, visit our website at sonoco.com.

Contact:Lisa Weeks843-383-7524lisa.weeks@sonoco.com

Source: Sonoco Products Company

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.