Sustainability Vision 2022
Version 3.0 | May 2020

www.lcpackaging.com

No time
to waste

LC Packaging strives to include all stakeholders in its quest to
provide sustainable packaging solutions, while minimising theimpact on the environment, the waste of valuable products,
while also enriching the communities in which we operate.

Committed

Reliable

supporting your products

LoyalIntroduction by
Lucas Lammers
No time to Waste.
GRI 102-14

The world’s population is projected toreach 9.7 billion by 2050, roughly a
33% increase. Economic growth andsustainable practices are essential tomeet the incredible increase indemand for goods and resources that
this growth implies.
Our packaging benefits individuals
and communities around the world.
These benefits range from creating
quality jobs, to protecting, preserving
and safely transporting all sorts ofproducts. Quality packaging protects
the environmental and economic
investmentinproducts
andcontributes to economic development
and social well-being by facilitating
the distribution and delivery of
products to the market place.

Waste of materials.
At the same time, we are fully aware of
the negative consequences that the
production, procurement, transportand disposal of our packaging canhave for both the environment andcommunities around the globe. Afterbeing used, packaging contributes tomunicipal solid waste. Effectively
managing this waste is a challenge inmany communities and has a negative
impact on the environment.
Waste of products.
Not to mention the fact that every day
valuable products and resources arelost during their transportation
through the supply chain before theyeven reach the market place.
According to the UN for example, eachyear 1.3bn tonnes of food, about athird of all that is produced, is wasted.
If the amount of food wasted aroundthe world were to be reduced by just
25%, there would be enough food tofeed all those people who aremalnourished.

As an international, flexible packaging
producer and distributor we believethat we can actively contribute topreventing the waste of valuable
products in the supply chain.
Protecting these products, in
combination with minimising our
packaging waste, and thus ourenvironmental and social impact, hasa direct effect on the quality of life forpeople around the globe and on future
generations.
Together with our stakeholders westrive to achieve sustainable,
environmentally friendly and wasteavoiding packaging solutions, withsustainableproduction
andconsumption. We want to give back to
the communities in which we operate
and provide a safe and healthy working
environment for all our employees,with plenty of opportunities for
personal development:
Don’t waste talent.
This drive and conviction is the basisof our LC Packaging Sustainability
Plan 2022: No (time to) waste!

Lucas Lammers
CEO LC Packaging

Sustainability
Vision 2022
Content

Our commitment

6
6
7
8
10

Improve the well-being of people

12
14
16
18
20

Create supply chain sustainability

22
24
26
28

Develop sustainable packaging solutions

30
32
34
37

Reduce environmental impact

38
40
42
43
44

Quality vs. Sustainability
Areas of commitment
Goals 2022
Commitment vs. SDGs

Working environment
Job quality
Employee development
Community development

4

Sustainable production
Sustainable sourcing
Sustainable partnership

Sustainable materials
Sustainable solutions
Innovation

Carbon footprint
Water consumption
Waste reduction
Energy use

supporting your products

Sustainability
Vision 2022

Our commitment

Our commitment

LC Packaging & sustainability
GRI 102-15

Our vision
LC Packaging strives to include all stakeholders in its quest to
provide sustainable packaging solutions, while minimising the impact
on the environment, the waste of valuable products and enriching thecommunities in which we operate.

6

Quality vs. Sustainability

Quality is our best business modelNo company can build a reputation on what they intend to do, only
what they already have achieved.
Whatever we do, we try to do itright. It is a constant search for
quality, in what we do and in what
we stand for. Be it in the products
we produce, the services we offer
or in the working conditions weoffer our more than 1,680 employees.
Quality is much more than justthe strength of our packaging:
It is the package as a whole. It is
not only in the materials we use,the quality of transport andstorage and the quality ofservice we provide, but also in
the working conditions in which
our packaging is produced andin reducing our environmental
footprint. Our dedicated Quality
Department ensures that westrictly comply with all quality
aspects.
To us, the relationship between
sustainability and quality is
inseparable. In fact, we believe:
Sustainability = quality: a quality product can only be a quality
product if it is produced in anenvironment that has respect forenvironment that has respect
for people and the planet.
As long as we keep this simple
word ‘quality’ close to our heart,
we are confident we can makea difference. To our people, ourpartners, our customers, to the
local communities in which we
operate and to the planet.
Quality is our best businessmodel and we will keep investingin our business model: every day,every month, year by year.

Areas of commitment
We can make a difference
In our sustainable business strategy, LC Packaging has identified four areas of commitment: people,
supply chain, solutions and environment. These four areas are divided in areas of focus. See the figure
below. We believe that by adding these areas of commitment to our daily business agenda, we can improve
our environmental, economical and social impact, while making profit along the way. At LC Packaging weinvest all our profit back into the company to secure its future and the future of our employees.

LC Packaging - Areas of commitment
Working environment

Sustainable production

Employee development

Sustainable sourcing

Community development

PeopleImprove thewell-being of people

Supply Chain

Create supply
chain sustainability

Sustainable partnership

Sustainable materials

CO

Sustainable solutions

Water

Innovation

Solutions
Develop sustainable
packaging solutions

Environment

Waste

Minimise the impact
on the environment

EnergyOur commitment
8

Goals 2022

Targets for a more sustainable future

PeopleWorking environment

Personal development

By 2022, 85% of our employees feels thathe/she will be working in a safe andhealthy working environment and will besatisfied with the working conditions weprovide.

By 2022, 80% of our employees will besatisfied with the internal development
opportunities provided by LC Packaging.

Job quality

Community development

By 2022, we will have created at least
300 additional high quality full-timejobs in developing countries.

By 2022, we will have made a significant
contribution to the well-being anddevelopment of the local communities
in which we operate.

Supply Chain
Sustainable production

Sustainable partnership

By 2022, we will have undertaken
important steps to significantly
improve the sustainability of our
in-house FIBC manufacturing.
activities.

By 2022, we will have increased andstrengthened our sustainable
partnerships with our stakeholders
and together will have madea significant contribution to achieving
our goals.

Sustainable sourcing
By 2022, 100% of our key production
partners will have signed our
supplier Code of Conduct andwill act accordingly.

Solutions
Sustainable materials

Innovation

By 2022, we will have minimised thewaste associated with our packaging.

By 2022, sustainability will be fully
integrated into our innovation processes,
leading to sustainable operations andnew packaging solutions.

Sustainable solutions
By 2022, we will have significantly
reduced the waste of (food) products
during storage and transport,with our packaging.

Environment
Carbon footprint

Waste reduction

By 2022, our carbon footprint
will have been reduced by 25%.

By 2022, the amount of waste
generated in our daily operations
will have been reduced by 40%.

Water consumption

Energy use

By 2022, the amount of water usedin our daily operations will havebeen reduced by at least 10%.

By 2022, the energy use in our daily
operations will have been reduced byat least 10%.

Our commitment

Commitment vs. SDGs
Targets for a more sustainable future
Through our sustainability strategy and related activities, we are committed to contributing to the UN Global Sustainable Development Goals. With our core business, daily
activities and sustainability areas of commitment we will be making a direct contribution
to 4 of the 17 goals.

10

In this report, we provide more information about our four areas of commitment andrelated areas of focus; we define our targets and the corresponding activities that weundertake to reach these targets and the measurement tools we use to analyse ourresults.

People

PeopleImproving people’s well-being

As an international employer with offices, warehouses and production locations in
16 countries in Africa, Asia and Europe, LC Packaging has a direct impact on, andfeels responsible for, the well-being of our more than 1,680 employees, our partners
and the local communities in which we operate.

People12

Ambassador
Boudewijn van Fraassen
Director AGRI packaging
LC Packaging“Our people are our greatest asset. Their well-being
and the well-being of their families and communities
is our number one priority.”Improve people’s well-being
Improving people’s well-being is one of our four areas of commitment. Within thisarea of commitment we have identified three focus areas, and for each focus area wehave set targets for 2022.

PeopleWorking environment

Employee development

Community development

Improve people’s well-being

TARGETS

By 2022, 85% of ouremployees will feel he/she isworking in a safe and healthy
working environment and will
be satisfied with the working
conditions we provide.

By 2022, we will havecreated at least 300 additional high quality full-time jobs
in developing countries.

By 2022, 80% of ouremployees will be satisfied
with the internal development
opportunities provided by
LC Packaging.

By 2022, we will have made asignificant contribution to thewell-being and developmentof the local communities inwhich we operate.

PeopleWorking environment
Safety, health and satisfaction
GRI 403: 103-1, 103-2, 103-3“By 2022, 85% of our employees will feel he/she isworking in a safe and healthy working environment
and is satisfied with the working conditions we provide.”
LC Packaging is a proud family-owned business, therefore each and every employee
is considered a member of the LC Family. Our people are our greatest asset and as amember of the UN Global Compact, we strongly support, respect, promote and protect
internationally proclaimed human rights and do our utmost to provide safe, healthyand satisfying working conditions.

Baseline
14

In 2016, 76% of our employees said that they feel that LC creates a safe working
environment with suitable arrangements for health, safety and welfare 69.9%
said that they are satisfied with the working conditions we provide.

Our approach• Regular checking by our dedicated quality department to make sure the safety
and health system is in place and is strictly in compliance.
• Carrying out intense dissemination of the LC Packaging Code of Ethics throughout
the company, through education and monitoring initiatives.
• Offering additional (health) job benefits to LC Packaging employees in developing
countries, such as providing an in-house doctor service and female nursing, offering
free basic health check-ups and medical advice.

Measuring progress

Our success will be measured by:• Results of the 2022 Employee Satisfaction Survey.

World HealthOrganization (WHO):“A healthy and safe working environmentis a place in which employees areprotected from disease or infirmity andhave a sense of physical, mental andsocial well-being, while also feeling safe
from accident or injury”.

LC Code of ethics

Certified accordingly‘In 2015, LC Packaging launched its internal Code of
Ethics, based on our company values [Commitment,
Reliability and Loyalty], our own principles and UN
principles on business and human rights.
In 2016 we created the Global Supplier Codeof Conduct (Updated in 2019) based on the UN
principles and SA 8000 guidelines, also requesting
our production partners to comply with and sign
this code.’

We fully comply with (international) health and safety
legislation and we have created an environment inwhich human rights are honoured. LC Packaging is
a proud member of the UN Global Compact and aproud EcoVadis Gold CSR rating owner. Our production location in Bangladesh also carries OHSAS
18001 and SA 8000 certification: The leading global
standard for CSR.

LC Lifestyle Program
In 2016 the LC Lifestyle Program was established:an internal movement, initiated by our own employees
to promote and implement a healthy lifestyle within
and outside the office. The LC Management supports
this initiative by, for example, providing fresh fruit ona daily basis or funding a personal trainer. Expansionof this program is on the agenda.

Employee satisfaction
Since 2015, LC Packaging has been conducting anannual global Employee Satisfaction Survey, to beable to monitor the well-being of our employees,
and identify focus areas of improvement in subsequent years. In 2018 the Satisfaction survey has
been upgraded to an Enthusiasm Survey in accordance to the so-called Flow methodology with theaim of starting and keeping a dialogue between
management and employees.

PeopleJob quality

Stimulating sustainable economic growth
Job creation 2019: 103-1, 103-2, 103-3“By 2022 we will have created at least 300 additional highquality full-time jobs in developing countries.”
According to the Organisation for Economic Co-operation and Development (OECD),
economic growth is the most powerful instrument for reducing poverty and improving the quality of life in developing countries. LC Packaging contributes to increasing
quality employment: A crucial tool in delivering higher growth. A quality job includes:a fair earnings level, security in the labour market, a balance between work and lifestyle, with an acceptable level of working hours, as well as a safe and healthy working
environment.

16

Baseline

On 1 January 2017 we were employing 81 colleagues in South Africa and the Ivory Coastand 781 employees in Bangladesh. A total of 862 quality jobs in developing
countries.

Our approach• Auditing our current jobs in developing countries using ILO and OECD frameworks
and making adjustments in order to increase job quality when required.
• Expanding both our operations in Bangladesh and South Africa, by investing our profit
back into the company.
• Creating new high quality jobs by opening a second production location in Bangladesh
and by adding an extra shift to our production facility in South Africa.
• By expanding our production, we will create more supervisory and management
positions, which we attempt to fill from within the company, with the help of additional
internal training sessions.

Measuring progress

Our success will be measured by:• The amount of full-time high quality jobs we create in developing countries in 2022.

Organisation for Economic
Co-operation and development(OECD):“The quality of our job has a major
impact on our lives. Good quality jobs
help people to develop their skills, fulfil
their ambitions and make them feel
useful in society. People who holdquality jobs are generally healthierand more productive.”

High quality jobs
LC Packaging has approximately 1,680 quality jobs worldwide, which pay better than just a living
wage and which offer a high quality working environment. We are committed to expanding ouroperations worldwide, especially in developing countries and creating even more high quality
jobs by 2022, so contributing to the UN Sustainable Development Goals: decent work andeconomic growth.

Profit investment
At LC Packaging we invest all our profit back into the company, allowing us to further develop
our production locations in Bangladesh and South Africa, this has already led to around 1,330
high-quality local jobs in developing countries. In addition to this, we invest our profit in otherareas, improving the working environment, personal development and local communities, while
carrying out innovation and introducing environmentally- friendly solutions and infrastructure.

PeopleEmployee development
Don’t waste talent

GRI 404: 103-1, 103-2, 103-3, 404-2“By 2022, 80% of our employees will be satisfied
with the internal development opportunities provided
by LC Packaging.”
One of the outcomes of the employee satisfaction survey in 2015 and 2016 is the desire
for more and better opportunities for personal development. Therefore one of ourareas of focus is to identify and nurture talent, and create beneficial opportunities for
personal development at all levels of the company. With extra attention being given
to diversity within the organisation. Our motto when it comes to the development andpreservation of our employees is: Don’t Waste Talent!

18

Baseline

In 2016, 65.3% of our employees said that they are satisfied with the internal
development opportunities provided by LC Packaging.

Our approach• Conducting internal research to identify exact personal development needs.
• Setting-up an internal development program, based on the outcomes of the research.
• Implementing an online training tool for all LC employees and offering general
job-related training sessions and custom-made LC-related training sessions.
• Further rolling-out our Talent Excellence management tool to encourage
personal development.

Measuring progress

Our success will be measured by:• Results of the 2022 Employee Flow Survey.

Employee development:“Employee development is a joint initiative involving employees as well as
the employer, to upgrade existing skills
and knowledge of an individual”.

Talent excellence
To stimulate personal development, recognize
talent and measure performance better, inNovember 2015 LC Packaging introduced an online
application for performance and talentmanagement: Talent Excellence. With this tool
our employees and the management formulate
and track (personal) development goals. In 2019
LC Packaging has launched its online training tool
(Talent LMS) and in 2020 the company is expecting to launch an extensive company wide Talent &Development programme.

Diversity
GRI 405: 103-1
LC Packaging strongly believes that workplace
diversity is a driver for commercial success. We
embrace diversity in any form, from age, genderand sexual orientation to race and religion.
For our offices in all countries we prefer to workwith local employees with all kinds of different
backgrounds. At this moment there are twomain areas of focus when it comes to diversity:
The position of women in management/leadership positions through the whole company andthe BEE program in South Africa specifically.

PeopleCommunity development

Improving the well-being of local communities
GRI 413: 103-1, 103-2, 103-3“By 2022 we will have made a significant contribution to
the well-being and development of the local communities
in which we operate.”
At LC Packaging we not only aim to improve the lives of our own employees and those of
our production partners, we also feel responsible for the well-being of the community inwhich we operate. With a physical presence in 16 countries in Africa, Asia and Europe,
we see that local communities are facing challenges which have a negative impact on
their living standards. This could be due to a lack of food, clean water or healthcare, butalso because of environmental issues and waste problems that affect each and every
one of us in the long-run.

20

Baseline

In the past few years LC Packaging has randomly sponsored many initiatives around theworld and our employees have rolled up their sleeves to help out in the local
community. In January 2017, we established the LC Supports Foundation to structure
and bring together all CSR initiatives and activities.

Our approach• Setting up 2-year strategy, guidelines and a budget for community
development projects.
• Identifying global initiatives that qualify for long-term support fromLC Supports Foundation.
• Where possible, visiting these selected charities and determining astrategy to provide long-term support (ABCD model) and with which resources.
• Setting up internal and external communications about our initiatives and involving
employees in the selection process and the actual (on-site) contribution.

Measuring progress

For each project we separately identify the scope and the tools
for measuring the outcome.

“Goodness is the only
investment that never fails”.
– Henry David Thoreau

LC Supports Foundation
In 2017, LC Packaging has established the LC Supports Foundation. The objective of our foundation
is to contribute to improving the welfare and environment of countries where LC Packaging is directly
or indirectly active, in the broadest sense of the word. With this foundation we support sustainableprojects that have a clear connection to the activities and to the hearts of LC Packaging or our stakeholders. The themes of the projects depend on the needs of the local communities and can contributeto any of the 17 Sustainable Development Goals.

Please Visit: www.lcsupportsfoundation.com

Supply chain

Supply chain

Creating supply chain sustainability
LC Packaging’s most significant impact on the environment, society and economy
occurs in our supply chain. We believe that by working together, buyers, suppliers andgovernments can collaborate to improve the impact of business on people, the planet
and economies around the world: A strong driver for success and simply the right thing
to do.

Supply chain
Ambassador
Marcel Schouten

22

Director FIBCLC Packaging“We believe that, together with our partners, we canbuild a socially and environmentally responsible global
supply chain, which will bring benefits for all parties
involved”.

UN Global Compact:“The objective of supply chain sustainability is to create, protect and growlong-term environmental, social and economic value for all stakeholders
involved in bringing products and services to the market”.

Creating supply chain sustainablility.
Creating supply chain sustainability is one of our four areas of commitment.
Within this area of commitment we have identified three areas of focus, and foreach focus area we have set a target for 2022.

Supply Chain

Sustainable production

Sustainable sourcing

Sustainable partnerships

Create supply chain sustainability

TARGETS

By 2022, we will haveundertaken important steps tosignificantly improve
the sustainability of our
in-house FIBC
manufacturing activities.

By 2022, 100% of our key
production partners will havesigned our Supplier Code of
Conduct and will be acting
accordingly.

By 2022, we will have increased and strengthened oursustainable partnerships with
our stakeholders and together
will have made a significant
contribution to the goals.

Supply chain

Sustainable production
Contribute to sustainable development
Sustainable Production 2019: 103-1, 103-2. 103-3“By 2022 we will have undertaken important steps tosignificantly improve the sustainability of our in-house
FIBC manufacturing activities.”
At LC Packaging we value long-term benefits over short-term profit. We believe we canthrive by investing in well-designed safer products, resource- efficient technologies
and processes and trained, satisfied employees. Investment in sustainable production
is an investment in long-term growth. By improving the efficiency of our production
processes and products, we want to contribute to sustainable development and green growth.

Baseline

24

To get an inside picture of the sustainability of our FIBC manufacturing activities, in2017 we have conducted research in order to analyse the environmental impact of our
inputs and operations in our own production locations in Bangladesh and in South
Africa and the impact of our FIBC products in general. The outcomes of this research
have formed the baseline for our improvement activities.

Our approach• Conducting environmental impact research in 2017, including the calculationof an energy, water, greenhouse gasses and waste footprint.
• Creating a ‘Sustainable Production Plan’ for our FIBC production
locations in Bangladesh and South-Africa.
• Identifying sustainable manufacturing targets for involved
individuals/ departments/entities.
• Communicating messages, tasks and responsibilities to all those
involved within the company.
• Conducting environmental impact research in 2022.

Measuring progress

Our success will be measured by:• Environmental impact research outcomes in 2017 and 2022.
• Sustainable initiatives with a positive impact on the environment.

Dutch-Bangla Pack Ltd.
Established in 2007, Dutch-Bangla Pack Ltd. is our FIBC production location in Bangladesh. At the moment we
employ approximately 1,150 employees and produce around 2 million big bags every year. Dutch-Bangla is anadvanced member of the UN Global Compact and is one of the only three manufacturing locations in Bangladeshthat is SA 8000 certified: the leading global standard for CSR. In addition to that, Dutch-Bangla is ISO 9001, ISO 14001,
OHSAS 18001 and FSSC 22000 certified, has a state-of-the-art cleaning room and offers food-safe production.

LC Shankar Ltd.
Established in 2013, LC Shankar Ltd. is our FIBC production location in South Africa. At the moment, we employ
approximately 160 employees and produce around 450,000 big bags every year. LC Shankar fully complies with
the UN guidelines on business and human rights and is ISO 9001 certified. As with Dutch-Bangla, LC Shankar
is taking important steps to reach the highest level of sustainability.

Supply chain

Sustainable sourcing
An integral part of our business
GRI 308: 103-1, 103-2, 103-3
GRI 414: 103-1, 103-2, 103-3“By 2022, 100% of our key production partners will
have signed our Supplier Code of Conduct and isacting accordingly.”
Sustainable sourcing is the integration of social, ethical and environmental
performance factors into the process of selecting suppliers. As an international
company we feel we have to take responsibility for our production partner’s
environmental, social and ethical practices. To understand and manage the risks
in the supply chain, we make sustainable sourcing an integral part of our
procurement and supply chain management process.

26

Baseline

As of 1 January 2017, 25 of our 71 production partners had signed our Supplier Codeof Conduct.

Our approach• Educating our employees and integrating our ethical sourcing principles and values
into our supplier selection process and buying practices.
• Clearly communicating our expectations to production partners.
• Educating and supporting production partners in setting their own business standards.
• Evaluating production partners that do not comply with the Code. Based on the degreeof non-compliance, either requiring adjustments or ending the partnership.
• Setting up and implementing monitoring tool/processes to measure supplierperformance on Code of Conduct principles, resulting in yearly audits by our dedicatedQuality Department.
• Carrying out yearly reporting on progress, evaluation and preparation for subsequent
steps to be taken.

Measuring progress

Our success will be measured by:• Signed Supplier Code of Conduct.
• Proof of compliance.

Supplier code of conduct
In 2016, LC Packaging translated its expectations into a clear set of guidelines that provides directives forour production partners: The LC Packaging Supplier Code of Conduct. In this document (updated in 2019),
based on the UN principles on business and human rights and SA 8000 guidelines, our ethical sourcing
principles and values are embedded. We expect our production partners to comply with these principles
and with national laws and act accordingly to take proactive measures to avoid environmental andsocial harm.

Supply chain

Sustainable partnerships
Ingredient for sustainable development
Sustainable Partnerships 2019: 103-1, 103-2, 103-3“By 2022 we will have increased and strengthened oursustainable partnerships with our stakeholders andtogether will have made a significant contribution
to the goals.”Sustainable relationships are the key to our success. Already since the establishmentof the company in 1923 we have built long-term relationships with our stakeholders,
ensuring stability and profitability. Transparency and trust are key, as we are an important part of each other’s growth strategy and have direct influence on each other’swell-being. Furthermore, we believe a successful sustainable development agenda
requires partnerships between governments, the private sector and civil society.

28

Baseline

Since its beginnings, LC Packaging has maintained sustainable partnerships with alarge number of stakeholders. However, consciously cooperating to actively contributeto the global goals, is a new but consistent topic on the agenda.

Our approach• Identifying and categorising stakeholders and existing sustainable partnerships.
• Intensifying existing sustainable partnerships and identifying and initiating desired
sustainable partnerships.
• Contacting key partners to identify how we can contribute together to global goals,
such as for example: development of sustainable packaging solutions, community
support initiatives or goal awareness creation activities within the supply chain.
• Involving key stakeholders in our sustainable activities and practices.
• Setting up stakeholder communications and events on sustainable partnership
topics and initiatives.

Measuring progress

Our success will be measured by:• Sustainable partnership cases between 2017-2022 that have successfully contributed
to the global goals.

Employees

Customers

Our employees are part of the LC Family. As afamily-owned business we realise the importance ofloyal and dedicated staff. We hire our employees withthe hope they remain with the company for a lifetime
and actively invest in their well-being and personal
development. Our people are our greatest asset.

We consider our customers our business partners.
Some of these partnerships have existed since
the company’s initial creation. We always look at
our relationship from a long-term perspective andat where mutual advantages should prevail. Our
customers’ opinions are key to our service, businessand therefore future. Together with our customers
we work on product development, sustainable business processes, knowledge sharing and centralised
supply chain activities and sustainability.

Production partners
We call our suppliers our production partners. On
average we have had a relationship of 25 years with
our top ten production partners. With some partners
we have even done business for more than 40 years
and they are truly part of the LC Packaging family.
We are loyal to our production partners, invest in ourpartnerships, and we do not shop around.

Other stakeholders
Next to the three stakeholder groups mentioned
above, LC Packaging has a solid relationship withcreditors, governmental institutions, local active
institutions, NGOs and other social interest
organisations.

Solutions

Solutions

Developing sustainable packaging solutions
We believe packaging can be transformed into a closed-loop flow of packaging materials in a system that is economically robust and which provides benefits throughout its
lifecycle. Creating a sustainable packaging system takes time, energy, investment andpartnership and we are determined to improve the lifecycle of our packaging products
one step at a time, while minimising the environmental and social impact.

Solutions30

Ambassador
Nick Jansen
Director Europe
LC Packaging“We want to offer our customer the most sustainable
packaging solutions that meet market performanceand cost criteria, but which are also beneficial, safeand healthy for individuals, communities and theenvironment throughout the lifecycle”.

Sustainable Packaging Coalition:
Sustainable packaging is beneficial, safe and healthy for individuals andcommunities throughout its lifecycle, meets market performance and costcriteria and is manufactured using clean production technologies and thebest practices.

Developing sustainable packaging solutions
Developing sustainable packaging solution, is one of our four areas of commitment.
Within this area of commitment we have identified three areas of focus and we have set
two targets for 2022.

SolutionsSustainable materials

Sustainable solutions

Innovation

Develop sustainable
packaging solutions

TARGETS

By 2022, we will have minimised the waste associatedwith our packaging.

By 2022, we will havesignificantly reduced thewaste of (food) products
during storage and transport,
in our packaging.

By 2022, sustainability will
be fully integrated in our innovation processes leading
to sustainable operations
and packaging solutions.

Solutions

Sustainable materials
Less is more

GRI 301: 103-1, 103-2, 103-3“By 2022, we have minimised the waste
associated with our packaging.”
We always continue to improve our packaging, so that fewer resources are needed.
When choosing materials for our products we consider the impact of these materials
throughout the product lifecycle. Not only during production, but also during the phaseof using the packaging and the end-of-life phases of the packaging: can the product berecovered, recycled or reused?

Baseline

32

Together with our production partners we will be conducting research on existing
packaging solutions or new packaging solutions to analyse the type of materials used
and the amount of waste related to these solutions in order to come up with moresustainable packaging.

Our approach• Together with our partners in the supply chain, working on solutions to use
less materials in our packaging products.
• Together with our partners in the supply chain, working on solutions to use
more sustainable materials in our packaging products.
• Actively promoting our big bag reconditioning service (WorldBag) to customers
Offering or supporting second-life initiatives for the re-use of our packaging products.

Measuring progress

Our success will be measured by:• Research material use and waste 2017 and 2022.

Sustainable materials

Big bag reconditioning service

When it comes to our packaging products, we try to
work with sustainable materials as much as possible. Where possible, we use packaging made fromrenewable materials, such as jute (100% biodegradable) and PP and cardboard (100% recyclable). Also,
we prefer to use inks and coatings that are safe forhuman and environmental health: In most cases ourbags are printed using water-based paints.

WorldBag B.V. is our big bag reconditioning service.
Big bags with a safety factor of 6:1 or higher can be
re-used several times. We collect used big bags allover Europe, check, clean and repair them. Ready for
re-use, the bags are then delivered to our customers
in pristine condition. With this closed-loop formula,
WorldBag offers a unique and efficient sustainable
solution. www.worldbag.com

Please Visit: www.worldbag.com

Solutions

Sustainable solutions
Protection of valuable products
Sustainable solutions 2019: 103-1, 103-2, 103-3“By 2022, we will have significantly reduced the wasteof (food) products during storage and transport,
in our packaging.”
We always strive to offer our customers the most sustainable packaging solutions.
From packaging designed to preserve and protect products and prevent contamination,
to minimising waste during storage and transport. We want to make sure as many
valuable products as possible reach the market place and remain intact.

Baseline
34

At this moment we are working on several solutions to prevent the waste of products
during transport, such as, for example, the Ventilated big bags and the Vento Jute bag,that allows its cargo, like potatoes or wood logs, to breath and prevents contamination.
Also we provide special bags for the transport and storage, for example, safe and clean
food packaging to safely transport baby powder.

Our approach• Further develop packaging solutions to prevent waste.
• Organise customer meetings to identify ‘product waste’ problems andnew opportunities.
• Work together with customers, production partners and branch organisations/research institutes to come up with packaging solutions to prevent waste of products.
• Start onsite trials with packaging products.
• Share knowledge and awareness for the goals.

Measuring progress

Our success will be measured by:• The intensity and success of our sustainable packaging solutions to prevent
waste of products during storage and/or transport.

United Nations:“Each year 1.3bn tonnes of food, abouta third of all that is produced, is wasted.
If the amount of food wasted around theworld were to be reduced by just 25%,
there would be enough food to feed all thepeople who are malnourished.”

Ventilated packaging
For the packaging, transporter storage of potatoes, onions, beans or similar products we provide
ventilated big bags or Vento Jute bags. Through a set number of specially developed ventilation
stripes, this type of packaging allows fresh air to circulate, allowing the products in the bag to‘breathe’ and stay as dry as possible. This reduces the chance of contamination such as mouldand possible loss claims. These bags provide improved travel conditions and help the products toarrive at their destination in the best condition possible.

Food-clean packaging
To avoid contamination of sensitive food products and the disastrous consequences this may
have for a company or an entire industry, in 2017 we launched the LC Packaging Food Safe
Assurance Programme. With this programme, we offer the food industry the cleanest and safest
big bags that meet the highest industry standards and produced according to the highest production and testing standards in state-of-the-art clean-room facilities. We are fully certified on foodsafety and the quality of our products is assured by our dedicated Quality Department.

Solutions

Innovation

Key ingredient for our future
Innovation 2019: 103-1, 103-2, 103-3“By 2022 sustainability will be fully integrated into ourinnovation processes leading to sustainable operations
and packaging solutions.”
LC Packaging operates an innovative approach to packaging. We believe transformation, innovation and optimisation is key for the future of our company, our employees,
our partners and our customers. We focus on improving infrastructure and ouroperations and creating innovative packaging solutions that support our customers
as they seek to meet the needs of consumers, while also reducing their impact on
the environment.

Baseline

Although sustainability is an important topic on our agenda and we always try to keep
the sustainability aspect in mind, we have not yet fully integrated this topic in ourinnovation processes.

Our approach• Including sustainability in our quality management systems.
• Including sustainability in KPI’s for innovation projects.
• Developing tools to generate data and measuring our corporate performance andthe performance in our production locations.
• Participating in industry initiatives to create industry standards and measuring
the environmental impact of our products.

Measuring progress

Our success will be measures by:•The usage of sustainability performance measuring tools and application of theoutcomes in our innovations.
•The percentage of turnover coming from sustainable packaging solutions.
•The number of initiatives/ projects we are connected to and/or participating in.

Environment

Environment

Minimising our impact on the environment
Our daily business, while important for economic growth and the development ofsociety, also has a huge impact on the environment. LC Packaging is working hard toaddress our environmental impact and minimise this impact, by for example reducing
waste and by minimising the use of valuable resources.

Environment
Ambassador
Edwin de Bruin

38

CFO
LC Packaging“As a responsible company with own manufacturing
facilities we worry about natural resources running out.
A better life starts with you, just like when it comes to‘cleaning up your own practices first. And that is exactly
our focus for the next five years”.

Environmental footprint:“Every organisation should work towards a zero environmental footprintby conserving, restoring and replacing the natural resources used in its
operations.”

Minimising the impact on the environment:
Minimising our impact on the environment is one of our four areas of commitment.
Within this area of commitment we have identified four areas of focus and for eachfocus area we have set a target for 2022.

Environment

Carbon footprint

Water consumption

Waste production

Energy use

Minimise the impact
on the environment

TARGETS

By 2022, our carbon
footprint will have been
reduced by 25%.

By 2022, the amount ofwater used in our daily
operations will have been
reduced by at least 10%.

By 2022, the amount ofwaste generated in our daily
operations will have been
reduced by 40%.

By 2022, the energy use in ourdaily operations will have been
reduced by at least 10%.

Environment

Carbon footprint
Beat global warming
GRI 305: 103-1, 103-2, 103-3“By 2022 our carbon footprint will have been
reduced by 25%.”
Increased greenhouse emissions is the primary event associated with climate changethat has led to global warming. Our carbon footprint is having a profound effect on theenvironment, wildlife and human health. Climate change even affects local economies
depending on resources. Therefore becoming aware of our carbon footprint and reducing this footprint has become an important goal on our sustainability agenda.

Baseline40

In 2016 the total emissions of the LC sales offices, our production locations and ourWorldBag reconditioning service was 6,153,649 Kg Co2. (Corporate Environmental
Footprint 2016, Except Integrated Sustainability, November 2017).

Our approach• In 2017; conducting a corporate environmental footprint research including
a comprehensive calculation of our carbon footprint to generate a baseline.
• Developing tools to generate data and annually measure our footprint.
• Developing a plan to reduce the carbon footprint and include KPI’s on
CO2 reduction into our daily operations.
• Participation in (industry) initiatives to create awareness about the impactof greenhouse gas emissions.

Measuring progress

Our success will be measured by:• The outcomes of the 2022 environmental footprint research, comparedto the outcomes of the 2017 research.

Sustainability
Vision 2022

Environment

Water consumption

Addressing the global water crisis
GRI 303: 103-1, 103-2, 103-3“By 2022 the amount of water used in our daily
operations will have been reduced by at least 10%.”
Reducing water consumption is one of the means of addressing the global water crisis.
Therefore in the years to come, LC Packaging will be strongly focusing on water savings, through a combination of altering behaviour patterns, modifying and/or replacing
equipment to reduce overall water consumption and increasing internal re-use.

Baseline
42

In 2016 the total water consumption of the LC sales offices, our production locations
and our WorldBag reconditioning service was 18,698 m3. (Corporate Environmental
Footprint 2016, Except Integrated Sustainability, November 2017).

Our approach• In 2017; conducting a corporate environmental footprint research including
a comprehensive calculation of our water consumption to generate a baseline.
• Developing tools to generate data and annually measure our consumption.
• Developing a plan to reduce our water consumption and include KPI’s
on water use into our daily operations.
• Participating in (industry) initiatives to create awareness about the impact
of water consumption and advice on reduction.

Measuring progress

Our success will be measured by:• The outcomes of the 2022 environmental footprint research, comparedto the outcomes of the 2017 research.

Waste reduction

Reduce, reuse and recycle
GRI 306: 103-1, 103-2, 103-3“By 2022 the amount of waste generated in ourdaily operations will have been reduced by 40%.”
Everything we waste adds to our environmental footprint. LC Packaging is actively
working on the three R’s: Reduce, Re-use and Recycle. We understand that the largest
amount of waste is produced in our manufacturing environment: in the transport ofmaterials and the manufacturing process itself. Waste reduction in our manufacturing
environment is therefore an important subject on our sustainability agenda.

Baseline

In 2016 the total waste production of the LC sales offices, our production locations andour WorldBag reconditioning service was 1,578,791Kg. (Corporate Environmental
Footprint 2016, Except Integrated Sustainability, November 2017).

Our approach• In 2017; conducting a corporate environmental footprint research including
a comprehensive calculation on our corporate waste production.
• Developing tools to generate data and annually measure waste production.
• Developing a plan to reduce our waste production and include KPI’s regarding
this topic into our daily operations.
• Participating in (industry) initiatives to create awareness about the impact
of waste on the environment and society as a whole.

Measuring progress

Our success will be measured by:• The outcomes of the 2022 environmental footprint research, comparedto the outcomes of the 2017 research.

Environment

Energy use
Don’t waste energy
GRI 302: 103-1, 103-2, 103-3“By 2022 the energy use in our daily operations
will have been reduced by at least 10%.”
Reducing our energy use means that we must reduce the waste of valuable resources.
At LC Packaging we try to reduce our energy footprint by energy efficiency – delivering
the same (or more) solutions while using less energy – and to look into cleaner energy
sources, like, hydro-power, wind power and solar energy.

Baseline

In 2016 the total energy consumption of the LC sales offices, our production locations
and our WorldBag reconditioning service was 14,968,603 kWh. (Corporate Environmental Footprint 2016, Except Integrated Sustainability, November 2017).

44

Our approach• In 2017; conducting a corporate environmental footprint research including
a comprehensive calculation of our energy use to generate a baseline.
• Developing tools to generate data and annually measure our use.
• Developing a plan to reduce our energy use and include KPI’s on energy
usage into our daily operations.
• Participating in (industry) initiatives to create awareness about the impact
of energy use and the use of valuable resources.

Measuring progress

Our success will be measured by:• The outcomes of the 2022 environmental footprint research, comparedto the outcomes of the 2017 research.

Sustainability Vision 2022

LC Packaging

Our areas of commitment

LC Packaging commitment to sustainability

IMPROVE THE
OF PEOPLE

46

CREATE
SUPPLY CHAINSUSTAINABILITY

DEVELOPSUSTAINABLE
PACKAGING
SOLUTIONSA BETTER WORLD FOR
FUTURE GENERATIONSTO ENJOYMINIMISE THE
IMPACT ON THE
ENVIRONMENTA BETTER WORLD FOR
FUTURE GENERATIONSTO ENJOY

supportingyour productsYour partner in sustainable
packaging solutions
LC Packaging strives to include all stakeholders in its
quest to provide sustainable packaging solutions, while
minimising the impact on the environment, the wasteof valuable products and enriching the communities inwhich we operate.

LC Packaging International BVHead office:
Hoogeveenenweg 150
2913 LV Nieuwerkerk a/d IJssel
The Netherlands
P.O. BOX 137
2910 AC Nieuwerkerk a/d IJssel
The Netherlands
T +31 (0)180 39 38 37
F +31 (0)180 39 38 99
info@lcpackaging.com
www.lcpackaging.com© copyright LC Packaging International BV
2020-2