The company is awaiting formal approval of its targets by the SBTi. Credit: OlegKovalevichh via Shutterstock.

GenScript Biotech, a US-based company, has launched a new packaging solution, made entirely of recyclable paper materials.

The company claim that its new packaging is set to reduce waste by 82% and lower annual carbon emissions by approximately 5.14 tons.

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It added that the new redesigned packaging solution eliminates the use of foam, instead utilising the inherent structural strength of paper.

The water-based ink used in the solution’s printing is both biodegradable and nontoxic, further reducing waste and ecological impact.

GenScript noted that the packaging has undergone various tests, including low-temperature shipping tests across multiple continents, to ensure shipping quality.

Customer feedback during preliminary testing has reportedly been positive, and GenScript has already upgraded 80% of its shipping boxes, with plans to transition to the new packaging across all types.

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In 2023, GenScript joined the United Nations Global Compact (UNGC), incorporating UNGC principles into its strategic planning.

Additionally, the company has joined the Science-Based Targets initiative (SBTi) and is awaiting validation of its emissions reduction targets this year.

The new packaging programme is a part of GenScript’s broader initiative to achieve net-zero emissions by 2050.

GenScript rotating CEO Sherry Shao said: “GenScript is committed to corporate social responsibility. Our sustainable packaging programme is a testament to our proactive approach in managing our environmental impact and empowering our customers to meet their environmental goals.

“We will continue to collaborate with all our partners to improve our supply chain and create a sustainable future for all.”