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DS SMITH PLC UNSP/ADR (symbol: DSSMY) is a global leader in sustainable packaging solutions. Recently, International Paper and DS Smith announced a recommended all-share combination that values DS Smith at 415 pence per share. This strategic move is expected to create significant value for employees, customers, and shareholders. The combined company will be led by CEO-Elect Andrew K. Silvernail, with Miles Roberts serving as a consultant for integration matters. With a focus on innovation, sustainability, and customer service, DS Smith operates in 34 countries and employs around 30,000 people.
DS Smith, a sustainable packaging company, has successfully designed out over 313 million pieces of problem plastics in the last two years. Their initiative includes educating over 2.8 million individuals on the circular economy. The company removes more than 3 million units of plastic weekly, responding to the rising demand for fiber-based solutions. With a goal to eliminate one billion pieces of problematic plastics by 2025, DS Smith invests $140 million in R&D for alternative fibers. It aims to reach 5 million people with circular economy education by 2030.
DS Smith reports a significant 31% increase in e-commerce box orders leading up to Black Friday, highlighting growing consumer preference for sustainable packaging. This spike is attributed to changing shopping habits and a rise in online spending, with consumers planning to spend an average of
DS Smith, the sustainable packaging leader, announced the implementation of its Circular Design Metrics across all packaging sites, aiding clients in achieving their ESG goals. This innovative tool measures sustainability performance through eight critical indicators, including carbon footprint and recyclability. With more than 80% of a product's environmental impact determined at the design stage, the metrics help reduce waste and support brands in transparent ESG reporting. DS Smith aims to manufacture 100% reusable or recyclable packaging by 2023 and ensure all packaging is recycled or reused by 2030.
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