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Edgewell Personal Care Company (EPC) Achieves Major Sustainability Milestones in FY 2024

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Cashu
4 days ago
Cashu TLDR
  • Edgewell Personal Care integrates sustainability into operations, emphasizing it as a core component of its long-term business strategy.
  • The company achieved 90% recycled packaging and reduced petroleum-based plastics in razor handles by 23.6% since 2019.
  • Edgewell demonstrates a commitment to community engagement and employee satisfaction, with significant donations and high contentment rates.
epc Logo
EPC
Edgewell Personal Care Company
-1.40%

Edgewell Personal Care Company Advances Sustainability Goals in Fiscal 2024

Edgewell Personal Care Company (NYSE: EPC) showcases its commitment to sustainability in its recently released Fiscal 2024 Sustainability Report. This report highlights significant strides made under the Sustainable Care 2030 strategy, which emphasizes the integration of sustainability into every facet of the company’s operations, from product development to community engagement. CEO Rod Little reflects on what he describes as a transformative year, positioning sustainability not just as an initiative but as a core element of Edgewell’s long-term business strategy.

Among the key achievements outlined in the report, Edgewell reports using 90% recycled and/or responsibly sourced fiber in its packaging. This significant shift marks a reduction of 23.6% in virgin petroleum-based plastics utilized in disposable razor handles since Fiscal Year 2019. Additionally, the company introduces innovative packaging solutions, such as the BANANA BOAT 360 COVERAGE SUNSCREEN MIST, which incorporates a reusable sprayer and refill bottles made from recycled plastic. These advancements not only enhance the environmental profile of Edgewell's products but also resonate with consumers increasingly seeking sustainable options.

Edgewell's manufacturing operations also reflect a strong commitment to reducing environmental impact, with nearly 95% of lighting converted to energy-efficient LEDs and a 35% decrease in waste compared to the FY19 baseline. Community engagement efforts are noteworthy, with the company donating over one million menstrual health products to nonprofits and achieving a remarkable 55% zero-waste-to-landfill status across its facilities. Employee satisfaction remains a priority, as indicated by an 85% contentment rate among staff and the celebration of over 37,500 recognition moments. The report underscores Edgewell's proactive approach to sustainability, demonstrating its resilience and adaptability amid a challenging business landscape.

In addition to these achievements, Edgewell's emphasis on responsible operations is evident in its world-class injury rate of 0.65, highlighting the company's dedication to employee safety. As Edgewell continues to lead in sustainable practices, it sets a benchmark in the personal care industry, reinforcing the critical role of corporate responsibility in fostering a healthier planet.

Overall, Edgewell Personal Care Company is not only enhancing its brand reputation through these sustainability initiatives but is also paving the way for future innovations that prioritize environmental health and community well-being.

The content provided here is for informational purposes only and should not be considered financial or investment advice. Investing in stocks carries risks, including potential loss of principal. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We are not responsible for any losses or damages resulting from your use of this information.

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Edgewell Personal Care Company
EPC
-0.33 (-1.40%)
23.25
USD
At close at Jun 27, 20:40 UTC
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