Hain Celestial Announces Partnership With How2Recycle
June 06 2022 - 10:01AM
The Hain Celestial Group, Inc. (Nasdaq: HAIN), a leading organic
and natural products company providing consumers with “A Healthier
Way of Life™”, announces Hain Celestial’s North America business
has joined the How2Recycle® label program. How2Recycle is a U.S.-
and Canada-based standardized labeling system that enables
companies to clearly communicate how to recycle a package,
improving the reliability, completeness and transparency of
recyclability claims.
As a manufacturer of health and wellness brands
with a shared mission “to Inspire Healthier Living for All,” a core
principle is understanding how Hain products and operations impact
people and our planet, and how to minimize those impacts. In its
2021 Global Environmental, Social and Governance (ESG) Report, Hain
publicly committed to improve packaging sustainability and
announced two goals. The first goal is adding standardized
recycling labels to 100% of Hain products by the end of 2025 in
order to provide reliable transparent recycling information for
consumers. The second goal is to publish a sustainable packaging
strategy by 2023.“In addition to providing transparent recycling
labeling for our North American and U.K. consumers, we want to do
our part to prevent recycling contamination by keeping
non-recyclable packaging out of recycling bins,” said Executive
Vice President Kristy Meringolo, general counsel, corporate
secretary, chief compliance officer, and executive sponsor of ESG
at Hain Celestial. “As we continue to optimize our packaging
portfolio, with a focus on more sustainable packaging, we look
forward to partnering with How2Recycle to drive awareness, allowing
consumers to make more informed purchasing decisions.” The
partnership with How2Recycle is another important step towards Hain
achieving one of its ESG objectives, as well as an opportunity for
Hain to further support the objectives of its North American retail
partners, many of which encourage the use of How2Recycle labels on
packaging. Hain has begun the process of adding How2Recycle labels
to Alba Botanica sun care products, and will be expanding the label
to additional products over the next three years. Hain Daniels,
Hain’s U.K. business, is already using the On-Pack Recycling Label,
a similar standardized label to transparently communicate the
recyclability of its packaging and meet the labeling standards for
its UK retail partners.
Over the past three years, Hain has launched
several projects to transition to more sustainable packaging
formats by removing unnecessary packaging, increasing the
percentage of recycled content for plastic and paper packaging,
while reducing the amount of virgin plastic in its portfolio. Hain
is simultaneously working to develop its first sustainable
packaging strategy by collecting packaging data from its suppliers
in order to develop a comprehensive baseline and consolidate that
data in order to develop meaningful targets.
“The packaging inventory is a crucial first step
for developing a portfolio wide packaging strategy that will enable
our teams to make more sustainable packaging decisions,” said
Senior Vice President of Research and Development Jeff George. “Our
goal over time is to develop more sustainable packaging, without
compromising quality and functionality for our consumers.”
About The Hain Celestial Group,
Inc.The Hain Celestial Group, Inc. (Nasdaq: HAIN) is a
leading organic and natural products company that has been
committed to creating “A Healthier Way of Life™” since 1993.
Headquartered in Lake Success, NY, with operations across North
America, Europe, Asia and the Middle East, Hain represents more
than 40 widely known and beloved brands in the health and wellness
space, including Celestial Seasonings® tea, Terra® chips, The Greek
Gods® yogurt, MaraNatha® nut butters, Garden of Eatin'® snacks and
Alba Botanica® personal care products. For more information, visit
http://www.hain.com.
Contact:
Robin Shallow, for Hain CelestialRobin@robincomm.com; m)
914.841-5572
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f3f9c963-0972-4739-addc-0b7efe3a23d1
Hain Celestial (NASDAQ:HAIN)
Historical Stock Chart
From May 2024 to Jun 2024
Hain Celestial (NASDAQ:HAIN)
Historical Stock Chart
From Jun 2023 to Jun 2024