As a responsible manufacturer of sustainable and food-contact approved recycled packaging solutions, AVI Global Plast is committed to supporting the United Nations’ Sustainable Development Goals (SDGs) initiative. The SDGs were adopted in 2015 by all United Nations Member States as a global initiative to eliminate poverty, promote environmental protection, and guarantee peace and prosperity for all. As a company, we have taken into account the nature and impact of our operations and have determined the goals that are most pertinent to our business and stakeholders. Among them, we have prioritised SDG 12 (responsible consumption and production) as our main goal, as it aligns with our core business and enables us to make the most significant positive impact.
At AVI, we design rigid packaging to improve food protection, product appeal and business sustainability. Our mission is to support collective action on plastic waste and carbon impact. We are proud to announce our annual sustainability impact figures for FY22-23, demonstrating our milestone achievement of recycling 218 million PET bottles and 4,368 metric tons of industrial waste. We have saved 5,591 metric tons of CO2 emissions and 5,242 metric tons of gasoline as a result.
To hit our new milestone, we undertook numerous measures such as developing new rPET packaging solutions, including sheets, punnets and trays, with up to 100% recycled content verified by global audit company Intertek. Our offerings are certified by the European Food Safety Authority (EFSA), the Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH), and the United States Food and Drug Administration (USFDA) to ensure verifiable compliance, quality and safety. We also became a certified ocean-bound plastic (OBP) recycler, by successfully passing auditing standards prescribed by Control Union and Zero Plastic Oceans, for furthering our brand partners’ sustainability credentials.
Apart from incorporating verified recycled content in our packaging, we introduced AVI Trace, our proprietary platform that creates traceability of recycled packaging sources and compositions for consumers to know more about environmental impact and their contribution through on-pack QR codes. AVI Trace also helps our brand partners with responsible and ethical sourcing, quality and safety assurance, sustainability claim verification, and better waste-management support.
In addition to introducing verified and traceable recycled packaging, AVI Global works with responsible and certified suppliers to help brands deliver positive environmental impact more authentically. Our value-chain partners include knowledge specialists, trade associations, non-governmental organisations and sustainability experts who help us evolve our expertise, offerings and traceability in recycled plastics. Our goal is to accelerate progress in collection, sorting and recycling through unique upcycled packaging, waste-management awareness and consumer engagement.
We are also proud that we have minimised plastic usage wherever possible through downgauging and redesigned packages to include the least amount of plastic material. The downgauged punnet designs help in reducing the overall weight of the pack while lowering plastic tax liability with reduced virgin content.
Furthermore, we have introduced innovative packaging designs that help in preserving food shelf-life for reducing waste and its associated environmental impact. According to the UNEP Food Waste Index Report 2021, 8-10% of global greenhouse gas emissions are associated with food that is not consumed.
Our approach to sustainability goes beyond recycling and reducing waste. At our manufacturing plant in Daman, we have improved our operational efficiencies through IoT-enabled preventative maintenance and condition monitoring and automated processing technologies. Our contribution to plastics circularity starts in-house with the recycling of all our processing waste to ensure closed-loop manufacturing.
These sustainability impact figures for FY22-23 demonstrate our unwavering commitment to achieving the highest levels of packaging sustainability. Going forward, we will continue to innovate and work towards plastics circularity by collaborating with industry partners and customers to achieve our common goal of a sustainable future for all.