54 Problem-Solving with the Right Substrate With such natural benefits available to metal, it is clear where manufacturers and consumers can leverage the material to work toward specific sustainability goals. When compared to other beverage packaging formats like PET, the substrate stands strong in its potential for resource savings, environmental mindfulness and community support. The proof is in the numbers: RATE TYPE ALUMINUM BEVERAGE CANS (%) G L A S S BOTTLES (%) PET BOTTLES (%) CARTON BEVERAGE PACKAGING (%) Closed-loop circularity rate (U.S.) 30 92.6 31 30–60 31 26.8 31 Unknown Consumer recycling rate (U.S./EU) 45.2 31 /75.8 32 39.6 31 /78 33 20.3 31 / 50 34 –61 35 18 36 /51 37 Average recycled content rate (U.S./EU) 73 31 /55 38 23 31 /52 39 3–10 31 /17 40 Unknown 30 European data unavailable as similar study not available for Europe. 31 https://www.aluminum.org/sites/default/files/2021-11/2021_KPI_Report_1.pdf 32 https://www.metalpackagingeurope.org/article/aluminium-beverage-can-recycling-remains-high-76-2019 33 https://feve.org/glass_recycling_stats_2019/ 34 https://zerowasteeurope.eu/wp-content/uploads/2022/02/HCIP_V13_summary-1.pdf 35 https://www.petcore-europe.org/news-events/409-pet-market-in-europe-state-of-play-2022.html 36 https://www.recyclecartons.com/ 37 https://www.beveragecarton.eu/wp-content/uploads/2021/10/ACE-Recycling_BROCHURE_September-2021.pdf 38 https://eplca.jrc.ec.europa.eu/LCDN/developerEF.xhtml 39 https://feve.org/wp-content/uploads/2021/10/FEVEFERVER-Joint-Paper-On-Recycled-Content-October-2021.pdf 40 https://zerowasteeurope.eu/press-release/new-report-pet-the-most-circular-of-all-plastics-is-far-from-real-circularity/ 54 FAST-TRACKING PROGRESS FOCUSING ON OUR CORE OUR PEOPLE & COMMUNITIES REPORT OVERVIEW REPORTING STANDARDS SUSTAINABILITY STRATEGY FROM OUR CEO WHO WE ARE