- Letter from the Board of Directors
- Management report
- Key figures
- Foundations for success
- Business model
- Strategy 2030
- Risk management
- Stakeholders
- Organisation
- Sustainability
- ESG governance
- Material topics and SDGs
- Economic impact
- Environmental impact
- Social impact
- Governance
- Corporate Governance
- Board of Directors
- Management Board
- Additional information
- Remuneration
- Remuneration report
- Notes to the report
- CO reference table
- Statement by the Board of Directors
- GRI content index
- Due diligence and transparency
- Financial report 2023
- Vetropack Group
- Consolidated balance sheet
- Consolidated income statement
- Consolidated cash flow statement
- Changes in consolidated shareholders’ equity
- Consolidation principles
- Valuation principles
- Notes
- Ownership structure
- Company participations
- Five-year overview
- Vetropack Holding Ltd
- Glass circulates within a 100 percent closed loop, and can be formed into new products an infinite number of times with no loss of quality.
- Recycled content in glass production increased by 3 percent from 2019 to 2023.
- Objective of 70 percent recycled content in glass production by 2030
- Our own cullet treatment plants for high-quality recycling glass as a starting material for new products
- Vetropack focuses on rightweighting its bottles
- Echovai: lightweight glass bottles
- Promotion of public awareness about the health-related and ecological advantages of glass as a packaging material, and the environmental relevance of glass collection
- We are part of ‘Close the Glass Loop’, an initiative that aims to achieve a glass collection rate of 90 percent in Europe
- Health, Safety and Environmental Policy
- Our own cullet treatment plants
- Awareness-raising campaigns to promote collection of glass
“
Because glass is fully and infinitely recyclable and reusable, it is the best packaging material to promote the circular economy.
Nicolas Lootens, Group Sustainability Manager
SustainabilityResources
Glass is manufactured from quartz sand, soda, lime, dolomite, feldspar and other minor components. These raw materials occur in nature. Processing them leads to impacts on the environment. It is recycling that makes glass one of the most sustainable of all packaging materials – because it is 100 percent recyclable, an infinite number of times. Increasing the proportion of recycled glass that is added to the mix reduces the environmental impact of glass production. This is why we use as much recycled glass as possible (in the form of cullet) for new products, and also why we operate our own cullet treatment plants and raise consumers’ awareness about glass collection.
Glass is one of the most sustainable of all packaging materials because it is 100 percent recyclable. Using a high percentage of cullet in the form of recycled glass helps us to reduce the impacts of our products on the environment. After the glass containers reach the end of their lifetimes, we aim to fully recycle the used raw materials in the form of cullet for the manufacture of new products – an approach that is in keeping with the principles of the circular economy. The higher the percentage of recycling glass, the lower the energy consumption and CO2 emissions will be.
Effects of raw materials used in production
Besides a varying amount of recycling glass, the glass for our food packaging products consists of four main ingredients: quartz sand (silicon dioxide), soda (sodium carbonate), lime, and dolomite. Quartz sand is the main component of glass; the soda reduces the melting point of the quartz sand, and the lime makes the glass stable, hard and shiny. Metal oxides such as iron or copper oxides may be used as additional ingredients to colour the glass. Extraction and production of these raw materials cause environmental impacts. Going forward, we intend to implement appropriate strategies to reduce them. We are already using as few raw materials and as much recycling glass as possible. We also design the weight of our glass containers to be low enough to meet customers’ requirements and fulfil their purpose – but without the need for any additional material. We call this approach rightweighting. The Innovation section includes a presentation of our exceptionally lightweight Echovai product.
Utilising used glass to conserve resources, lower the energy demand and reduce CO2 emissions
The glass industry aims to implement the principles of the circular economy; one key factor in achieving this goal is to use the highest possible share of recycled content to manufacture new products. The average share of recycled glass we used during the year under review was 56 percent. Green glass cullet accounted for the highest share, at 69 percent. We aim to increase the overall share of recycled content to 70 percent by 2030.
The higher the proportion of used glass, the lower the required quantity of raw materials will be. If cullet is used as the starting material for new glass containers, the energy required to manufacture new products can also be reduced: according to FEVE, a 10 percent share of recycled glass achieves energy savings of around 3 percent and cuts greenhouse gas emissions by 5 to 7 percent.
Availability of high-quality recycling glass presents a challenge
We use as much recycled glass as is technically possible and accessible – but this does not always prove to be easy. In Slovakia, for example, the availability of cullet presents a challenge because the glass containers for sorting by colours have been abolished. Switzerland has the highest share of recycled glass. However, the share is less than 50 percent at some other sites (in the Republic of Moldova, for example). In locations such as these, the low collection rate makes it challenging to obtain sufficient quantities of high-quality glass for recycling. And the situation is particularly complex when it comes to white glass, a popular colour: on the one hand, demand for white glass is especially high – but on the other, white glass does not tolerate contamination with cullet of different colours. We have created new production capacities for white glass in our Italian plant.
The availability of recycled glass depends not only on public awareness and motivation to collect glass, but also on the local infrastructure. Vetropack is committed to increasing the collection rate as part of the ‘Close the Glass Loop’ initiative, and we maintain our own cullet treatment plants. By investing in our own cullet treatment plants, we increase the quality of the cullet, thus making it easier to use recycled glass as a starting material for new glass products.
Raising awareness about glass collection
FEVE (the European Container Glass Federation) is advocating an ambitious circular glass economy by setting a glass collection rate of 90 percent as the target by 2030. Vetropack intends to achieve a 70-percent share of recycled content in new glass container production by 2030. To reach this goal, we are dependent on two factors: the availability of high-quality cullet, and consumers’ behaviour. As part of our collaboration with FEVE, we undertake public relations work aimed at raising peoples’ awareness about the positive properties of glass as a safe, sustainable packaging material for food and beverages. We also aim to focus consumers’ attention on collecting glass, and to motivate them to do so. We deploy online advertising, posters and campaigns for these purposes.
Responsible production processes
We are careful to make responsible use of natural resources in glass production, and we minimise the environmental impacts in keeping with our Group-wide Health, Safety and Environmental Policy. Stricter regulatory requirements and growing customer expectations highlight the particular importance of sustainable production and our range of reusable glass containers – aspects that represent opportunities for us in an environment where packaging regulations are constantly on the increase.
Interdisciplinary responsibilities
Given that the topic of resources is a crucial issue with many diverse aspects, the responsibilities for it are also spread across multiple levels. Responsibility for cullet procurement is assigned to Supply Chain Management. Our Engineering and Production department undertakes the calculations to determine the optimal use of resources. The Supply Chain, Procurement and Supply Planning department is responsible for implementing the strategy to increase the share of recycling glass. Legally compliant waste disposal is handled by the Integrated Management Systems department. Policies, guidelines and minimum requirements are defined here; this department also ensures that line managers and site managers guarantee systematic implementation, while raising all employees’ awareness about legally compliant waste disposal.
A responsible approach to waste
A responsible approach to resources also includes reducing the amount of waste generated, and disposing of it correctly. Our Group-wide Health, Safety and Environmental Policy requires all our employees to comply with the relevant legal provisions regarding waste. The measures needed to reduce the negative effects caused by waste must be implemented in every process step.
At our sites, waste is mainly generated during the treatment of recycling glass. This waste includes foreign materials deposited in the collection containers on the one hand, and impurities in the glass cullet on the other. Waste occurs in the form of the following materials: ceramic, food residues, wood, various packaging materials, plastic, plastic bags, excess oil, and glass that is not suitable for the production of new food and beverage packaging.
Guidelines, policies, supervisory and control instruments
Progress and events in the reporting year
Recycled foilIn 2023, we launched a pilot project at St-Prex and Boffalora aimed at utilising recycled foil to package and protect the pallets with the glass containers. Customers close the substance cycles by returning the used foil to the foil manufacturer.
Vetro Challenge: school pupils come up with sustainable solutionsThe Vetro Challenge project at Vetropack Straža was aimed at making primary school pupils more aware of the issues of waste management and the circular economy. The children formed teams and chose a topic related to the use and recycling of glass packaging. Participants were educated about the circular economy, and they developed solutions focusing on responsible utilisation of resources for their projects.
Contribution to achieving the SDGs
By using the highest possible share of recycled content, Vetropack encourages sustainable production patterns and conserves natural resources in keeping with SDG 12.
Performance indicators
Material consumption: Share of recycled content
2023
2022
2021
2020
2019
Material consumption: recycled content
in green glass
69%
66%
63%
65%
65%
in amber glass
65%
71%
61%
55%
53%
in white glass
43%
41%
41%
42%
43%
overall average
56%
57%
55%
55%
53%
Waste
2023
in %
2022
in %
Waste disposal in metric tons
82 036
N/A
N/A
Waste diverted from disposal (i.e recycled)
57 718
70%
N/A
N/A
Non-hazardous waste
57 365
99%
N/A
N/A
Hazardous waste
353
1%
N/A
N/A
Waste directed to disposal
24 317
30%
N/A
N/A
Non-hazardous waste
23 114
95%
N/A
N/A
Hazardous waste
1 204
5%
N/A
N/A
Raw materials for glass production
in %
* there is a natural difference between the recycled content used and the percentage of raw materials used due to the weigth losses of some materials (sodium carbonate, lime and dolomite) in the melting process.
Waste and its disposal
in %
Share of recycled glass content and target
in %
Recycled glass by colours
%
- Vetropack Group
- Corporate Governance
- Governance
- Social impact
- Environmental impact