STOCK TITAN

Hain Celestial Announces Partnership With How2Recycle

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
partnership
Rhea-AI Summary

Hain Celestial Group announces its participation in the How2Recycle labeling program, enhancing consumer awareness of packaging recyclability. The initiative aims for 100% of Hain products to feature standardized recycling labels by the end of 2025. This step aligns with Hain's commitment to sustainable packaging and ESG objectives, including a sustainable packaging strategy expected by 2023. The company has already begun applying these labels to Alba Botanica sun care products and plans to expand further. Hain’s ongoing efforts to reduce virgin plastics and improve recycling practices highlight their dedication to environmental stewardship.

Positive
  • Partnership with How2Recycle enhances packaging sustainability and consumer awareness.
  • Goal to implement standardized recycling labels on 100% of products by the end of 2025.
  • Comprehensive sustainable packaging strategy expected by 2023.
Negative
  • None.

New Standardized Labeling Program for North America Business

LAKE SUCCESS, N.Y., June 06, 2022 (GLOBE NEWSWIRE) -- 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 Celestial
Robin@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


FAQ

What is Hain Celestial's new initiative regarding packaging?

Hain Celestial has joined the How2Recycle labeling program to enhance recyclability communication on its products.

What are Hain Celestial's sustainability goals?

Hain aims to add standardized recycling labels to all products by the end of 2025 and publish a sustainable packaging strategy by 2023.

How is Hain Celestial addressing packaging sustainability?

Hain is removing unnecessary packaging, increasing recycled content, and reducing virgin plastics in its packaging portfolio.

When will Hain Celestial implement the How2Recycle labels?

Hain has started applying How2Recycle labels to its products and plans to expand this initiative over the next three years.

What brands is Hain Celestial currently labeling with How2Recycle?

The How2Recycle labels are currently being added to Alba Botanica sun care products.

Hain Celestial Group Inc

NASDAQ:HAIN

HAIN Rankings

HAIN Latest News

HAIN Stock Data

737.79M
89.34M
0.95%
104.57%
6.92%
Packaged Foods
Food and Kindred Products
Link
United States of America
HOBOKEN