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KHC Kraft Heinz Company

35.675
-0.675 (-1.86%)
Last Updated: 18:50:11
Delayed by 15 minutes
Name Symbol Market Type
Kraft Heinz Company NASDAQ:KHC NASDAQ Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.675 -1.86% 35.675 35.67 35.68 36.44 35.53 36.41 4,089,179 18:50:11

Kraft Heinz to Reduce Use of Virgin Plastic Packaging by 20%

31/07/2023 2:56pm

Dow Jones News


Kraft Heinz (NASDAQ:KHC)
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From May 2023 to May 2024

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By Will Feuer

 

Kraft Heinz is committing to reducing its use of virgin plastic in its packaging by 20% by 2030, saying it will use more recycled plastic and replace current packaging with designs that use less plastic.

The foodmaker said the commitment is in line with its broader goals to make completely recyclable, reusable or compostable packaging by 2025, reach net-zero greenhouse gas emissions by 2050 and halve its emissions by 2030.

"We are investing in innovative technologies and partnerships that are critical to helping us redesign packaging, eliminate unnecessary plastic, increase our use of recycled content, and influence the adoption of reuse models," said Rashida La Lande, Kraft Heinz's chief sustainability and corporate affairs officer.

 

Write to Will Feuer at Will.Feuer@wsj.com

 

(END) Dow Jones Newswires

July 31, 2023 09:41 ET (13:41 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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