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UFlex in consultation with CREDUCE intends to leverage its sustainability initiatives and accrue carbon credits.

UFlex has announced that it has signed Creduce, the country’s fastest-growing carbon credits consultancy, as its consulting partner to achieve end-to-end carbon neutrality. The scope would encompass an analysis on carbon footprint and neutrality, creating and formalising carbon and plastic credit balances on an internationally accepted and recognised platform as a part of sustainable development goal, carving out sustainability roadmap and more.

With this commitment, UFlex stands to become the largest firm in this category, to take effective steps to meet its Environment, Social and Governance (ESG) goals. This would entail co-creating a time bound strategy towards carbon neutrality, beginning with its Flexible Packaging division followed by other divisions of the group. Jeevaraj Pillai, Joint President – Flexible

Flexible Packaging Giant UFlex Partners with CREDUCE to Achieve Carbon Neutrality

The film manufacturing arm of UFlex, Flex Films International, has set up five new production lines including three new global locations. ‘For us it has been very interesting year of global growth for Flex Films,’ says Anantshree Chaturvedi, vice chairman and CEO. ‘Because even though we are going through the pandemic – which was unexpected by all of us – we had gone into an