29 ACCELERATING IMPACT Maximizing Recycled Content in Packaging Materials Our Transit Packaging Division is also taking steps to increase the recycled content of its products, including plastic strapping. Our Florence, Kentucky (U.S.) plant team members developed a Closed Loop Recycling Program that collects and recycles polyester beverage containers, polyester strapping and other recyclable materials. Customers can also contribute to the initiative by returning their used plastic strap to the plant, helping reduce waste and disposal costs. To date, the facility has reduced its dependency on new raw material consumption and produces strap containing up to 78.5% recycled content. Additionally, the facility more than doubled its use of internal regrind. Our stretch film facility in Virton, Belgium, has taken several actions to increase circularity and maximize the use of recycled content. These efforts include investing in a reclaim line and developing a stretch film that contains post-consumer recycled content in collaboration with several industry partners. In 2020, 100% of the plant’s internal waste was reprocessed and upcycled into usable material through its reclaim line. 29 FAST-TRACKING PROGRESS FOCUSING ON OUR CORE OUR PEOPLE & COMMUNITIES REPORT OVERVIEW REPORTING STANDARDS SUSTAINABILITY STRATEGY FROM OUR CEO WHO WE ARE