2023

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Annual Report and Action Plan
Company Name:

Specialized Australia Pty Limited

Trading As:

Specialized Bicycle Components Australia

ABN:

90166166874

About APCO
Australian Packaging Covenant Organisation (APCO) is a co-regulatory not-for-proﬁt organisation leading thedevelopment of a circular economy for packaging in Australia. APCO's vision is a packaging value chain thatcollaborates to keep packaging materials out of landﬁll and retains the maximum value of the materials, energy
and labour within the local economy.
Each year, APCO Brand Owner Members are required to submit an APCO Annual Report and an APCO Action
Plan. This document is the Annual Report and Action Plan output for the organisation listed above. This
document provides the overall performance level of the organisation, as well as any commitments they havemade to work towards on their packaging sustainability journey. This document may also include additional
information provided by the Member in their report.

Overall Performance Advanced
The chart below indicates the overall performance level of this organisation listed above in the 2023 APCO
Annual Report. The organisation's reporting period was January, 2022 - December, 2022.

1

Getting Started

2Good Progress

3Advanced

4Leading

5

Beyond Best Practice

Understanding APCO Annual Reporting performance levels:
1

Getting Started:

You are at the start of your packaging sustainability journey.

2Good Progress:

You have made some first steps on your packaging sustainability
journey.

3

Advanced:

You have taken tangible action on your packaging sustainability
journey.

4

Leading:

You have made significant progress on your packaging
sustainability journey.

5

Beyond Best Practice:

You have received the highest performance level and have madesignificant progress on your packaging sustainability journey.

DISCLAIMER: All rights reserved. No part of this document may be reproduced inany material form or transmitted to any other person without the prior written
permission of the Australian Packaging Covenant Organisation Ltd. (APCO)
except as permitted under the Copyright Act 1968 (Cth) (as amended) or unlessexpressly permitted in writing by APCO and all authorised material must at all
times be acknowledged.

Contact
A: Suite 1102, Level 11, 55 Clarence
Street, Sydney, NSW, 2000
E: apco@apco.org.au2023

Annual Report and Action PlanPage 2/4Additional Information
The information below indicates additional information that the organisation included in their APCO Annual
Report.
Describe initiatives, processes or practices that you have implemented during your chosen reporting period thathave improved packaging sustainability

The global team is working with suppliers and designers to ﬁnd alternative solutions for single use plastics.
Apparel packaging is now recycled content LDPE with further investigation to look for a non-plastic
solution, the bike packaging contains elements of reusable parts and there are plans to completely remove
rigid plastic with carbon black.
We have increased awareness and advocated for change with our global business to make change in oursingle-use plastic packaging. We will continue to do so, until we see further positive change.

Describe any opportunities or constraints that affected performance within your chosen reporting period

Being a global company whereby having to source packaging globally it is diﬃcult to align to local market
requirements.
We face global supply chain constraints.

Please use the space below to provide examples or case studies of exemplary packaging sustainability
conducted by your organisation.

Continuing the development of zero landﬁll bike and equipment packaging.

APCO Action Plan Commitments
For each of the Packaging Sustainability Framework criteria listed below, a description is provided along with thecommitments made by the organisation in their APCO Action Plan.
Criteria 1:

Governance & Strategy:
This criteria considers actions to integrate packaging sustainability into business strategies.

Develop a strategy that includes goals (objectives) and targets for packaging sustainability that
addresses the Sustainable Packaging Guidelines (SPGs) or equivalent.

Criteria 2:

Design & Procurement:This criteria considers actions taken to ensure that sustainability principles are considered in the design orprocurement of both new and existing packaging through use of the Sustainable Packaging Guidelines (SPGs).

A: Suite 1102, Level 11, 55 Clarence Street, Sydney, NSW, 2000

E: apco@apco.org.au

2023

Annual Report and Action Plan

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Review 81% of our packaging against the Sustainable Packaging Guidelines (or equivalent).
Improve the accuracy of our data regarding reviews of packaging using the Sustainable Packaging
Guidelines (or equivalent).
Consider the following Sustainable Packaging Principles in our packaging reviews:
Design for recovery
Optimise material efficiency
Design to reduce product waste
Eliminate hazardous materials
Use of renewable materials
Use recycled materials
Design for transport efficiency
Design for accessibility
Provide consumer information on environmental sustainability
61% of our packaging to be optimised for material efficiency.
Improve the accuracy of our data regarding packaging material efficiency.

Criteria 3:

Recycled Content:
This criteria considers actions taken to increase or optimise the amount of recycled material used by yourorganisation.

Develop a policy or procedure to buy products and/or packaging made from recycled materials.
Use recycled content in:
Our products
Primary packaging that we use to sell our products
Secondary packaging that we use to sell our products
Tertiary packaging that we use to sell our products
Other items which we purchase (e.g. office stationary and suppliers etc.)
100% of our packaging to be made using some level of recycled material
Improve the accuracy of our data regarding use of recycled materials.

Criteria 4:

Recoverability:
This criteria considers actions taken to improve the recovery of packaging at end-of-life and increase use ofreusable packaging.

17% of our packaging to be designed to have all packaging components be recoverable at end-of-life.

Criteria 5:

Disposal Labelling:
This criteria considers the extent to which packaging has been labelled to help consumers determine what to do

A: Suite 1102, Level 11, 55 Clarence Street, Sydney, NSW, 2000

E: apco@apco.org.au

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Annual Report and Action Plan

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with packaging at end-of-life.

81% of our packaging to have on-pack labelling to inform correct disposal.

Criteria 6:

On-site Waste:This criteria considers progress in increasing the amount of on-site solid waste being diverted from landﬁll.

Have recycling programs for the following materials:
Paper/cardboard
Rigid plastics
TextilesGlassMetals
Aim for 70% of our on-site waste to be diverted from landfill.

Criteria 7:

Problematic Materials:
This criteria considers the extent to which organisations are actively phasing out problematic and unnecessary
single-use plastic packaging and preventing/reducing litter.

Help reduce litter by:
Conducting regular clean ups

A: Suite 1102, Level 11, 55 Clarence Street, Sydney, NSW, 2000

E: apco@apco.org.au