Walpole's British Luxury Sustainability Manifesto defines the issues that matter most to our sector and stakeholders – circular economy innovation, environmental stewardship, supply chain excellence and workplace equality – and our 12 aspirations are designed to establish a pathway for future sustainability success. Importantly, they help member businesses fulfil the 2030 UN Sustainable Development Goals, becoming part of the broader, global push for a fairer, more sustainable world.
As the global population increases, intensifying pressure on our climate and scarce natural resources, it’s more important than ever that businesses transition from a linear ‘take-make-waste’ model to a circular, regenerative economy. In this new reality, products are designed from the outset with reuse or recycling in mind, with waste materials becoming ‘nutrients’ for new products and packaging or returned safely to the environment.
In this Sustainability Session, we discuss how packaging remains a prominent consideration for all luxury sectors, and a key concern for consumers, with 79% stating they consider it to be an important issue, according to McKinsey. Considerable challenges exist in improving the recyclability of inbound packaging from a diversity of suppliers. Meanwhile, sustainable, recycled and recyclable solutions for outbound packaging must still offer adequate protection for products and respond to consumers’ desire for luxury and exclusivity.
View the event summary here.