Bakery company Grupo Bimbo has reached a milestone with 93% of its packaging being made from recyclable materials in 2023.
This achievement is highlighted in the company's 2023 annual report titled 'Behind our Actions', which outlines the progress and objectives of its Sustainability Strategy set for 2030 and 2050.
Specifically, the company aims to make all its packaging recyclable, biodegradable, or compostable by 2025.
The report also revealed that Grupo Bimbo successfully reduced approximately 272 tons of plastic in 2023.
Among other initiatives, the company has seen a notable 39% reduction in packaging weight for its Hamburger Bread in the US.
The company's UK operations reported a 29% reduction in Bagel Thin packaging weight while in the Iberia region, its Cruapan Bread packaging weight was cut by 25% over the year.
For the reported year, the company also launched various initiatives to increase the use of recycled content in its packaging.
Notably, its Arnold bread packaging in the US and Pan Blanco and Pan Integral bread packaging in Spain now contain 30% recycled material.
Furthering its sustainability efforts, the company has incorporated recycled materials into the trays used for transporting products in Mexico and South America.
These trays incorporate recycled packaging from Grupo Bimbo's own supply chain.
The report also sheds light on Grupo Bimbo's journey towards achieving net-zero carbon emissions by 2050.
Currently, 92% of the company's global electricity is sourced from renewable sources, including solar and wind power.
Additionally, the company's fleet now includes 2,693 electric delivery vehicles, contributing to a total of 6,198 alternative fuel vehicles.
Grupo Bimbo CEO Rafael Pamias said: “During 2023, we made significant progress towards our 2030 and 2050 commitments. For example, we achieved 95% positive nutrition in our daily bread, pastries and breakfast portfolio.
“Also, 27 of the 35 countries in which we are operating already use renewable electricity. All of us who are part of Grupo Bimbo should be proud of these milestones published in the annual report, which endorse our purpose of Nourishing a better world.”
