By Freepik
Invest in B2B companies that develop solutions for manufacturers and retailers who are looking to minimize their environmental impact and offer eco-friendly products to their customers. This also includes B2C companies that develop solutions for environmentally conscious consumers who are willing to pay a premium for sustainable packaging. Revenue streams come from the sale of packaging materials, licensing of intellectual property, and provision of consulting services for clients looking to adopt more sustainable packaging solutions. Examples of companies active in this space are:
Green Eco Paradise produces sustainable packaging made from plant-based materials, such as cassava starch, cornstarch, and rice husks. Green Eco Paradise provides sustainable packaging solutions to B2B and B2C customers, including for events including recently at Universiti Teknologi Petronas (44).
Packaton is a leading paper bag manufacturer that produces biodegradable bags made with long fibers paper to ensure maximum strength. Packaton produces 80,000 paper bags a day through its rapid automated production line. Packaton provides sustainable packaging solutions to B2B and B2C customers (45).
Circlepac's products are made of renewable plant-based materials such as bamboo, bagasse, and FSC-certified birchwood. They are also certified compostable within 90-270 days. As of 2021, Circlepac catered to 68 customers that range from home businesses to 5-star hotels. Some of these establishments include TinyGreens, Omulab, Little People, and Mandarin Oriental KL (46).
Decrease plastic pollution on land and in the oceans, reduce pressure on landfills, enhance the circular economy and improve an otherwise resource-intensive economy toward a more sustainable pathway.