Progress with Purpose
As FPS, we are proud to present our 2025 annual sustainability report, reaffirming our continued commitment to transparency and accountability.
As FPS, we are proud to present our annual sustainability report, reaffirming our continued commitment to transparency and accountability. This report outlines our Environmental, Social, and Governance (ESG) initiatives, performance metrics as well as key milestones covering the reporting period from January 1st to December 31st, 2025.
The achievements of 2025 are the result of collective effort of our dedicated colleagues, trusted partners, and forward-thinking customers.
The achievements of 2025 are the result of collective effort of our dedicated colleagues, trusted partners, and forward-thinking customers.
FPS specializes in providing Flexible Intermediate Bulk Containers (FIBCs).
Our people stand as our most valuable resource, and we are committed to fostering a workplace that promotes inclusive and responsible leadership, free from bias and discrimination, while championing inclusion and accountability. We prioritize and focus on the wellbeing and welfare of our people, on minimizing our environmental impact, on providing circular solutions in packaging and top-tier sustainable products.
A snapshot of FPS’s key achievements in 2025, reflecting our progress across governance, people, environment, and products.
Governance
91/100
We achieved EcoVadis Platinum, ranking top 1% with a 91/100 overall score.
100% of colleagues acknowledged and completed the FPS Code of Conduct requirements.
We maintained 0 cases of non-compliance or corruption across all operations.
100% of targeted suppliers that have gone through the ESG risk assessment
Our emission reduction and net-zero targets were validated by SBTi standards.
Our Circularity Hub received a UN Global Compact Sustainability Award Recognition.
We earned Platinum Export Award at ITHIB’s Export Stars Ceremony.
PEOPLE
123,456
We delivered 123,456 hours of training to colleagues and contractors worldwide.
Women represent 46.6% of FPS’s global workforce across all regions.
Women hold 27% of leadership roles across FPS global operations.
100% of colleagues were covered by OHS management systems company-wide.
100% of our operational sites underwent employee health and safety risk assessments.
All FPS sites hold Great Place to Work certification across operations.
We delivered 24,460 hours of occupational health and safety training programs.
We provided 51,760 hours of training for our colleagues and contractors.
Approximately 17,000 children aged 3–6 accessed safe water via WaterSafe programs.
We maintained full compliance with internal health and safety performance standards.
PLANET
95.06%
Hazardous waste was reduced by 95.06% versus the 2022 baseline year.
Our solar panels generated 448,296 kWh of electricity, corresponding to a savings of 156 tCO22e in avoided emissions in our Vietnam Plant.
Wind turbines generated 1.81 GWh, avoiding 787 tCO2 emissions annually.
We recovered 1913 tons of plastics from the market for recycling.
We recovered 1000 tons of big bags for structured reuse programs.
Virgin material use was reduced by 4,153 tonsthrough circular product design.
product
10M+
We produced 10,000,000 1-Loop and 280,000 4-L FlexiGreen bags globally.
We launched the FPS Carbon Tracker for product-level footprint reporting capabilities.
We obtained 1 US Food and Drug Administration (FDA) product approval successfully.
We hosted 2 PPWR webinars, reaching approximately 500 industry participants.
Throughout the assessment, FPS engaged with 187 individual inputs.
Upstream
Own Operations
Downstream
8
Very High Priority
8
High Priority
8
Medium Priority
FPS supports all 17 UN SDGs through its day-to-day business activities, partnerships, and community initiatives.
PEOPLE
30M
Positively impact 30 million lives by 2030.
ACTIONS TO DATE
At FPS, we are dedicated to the continuous support of the well-being of all stakeholders and communities we interact with, including our colleagues, shareholders, customers, regulators, and partners. Our community engagement initiatives are directed at the local level, with our local plant managers playing a pivotal role in engaging with stakeholders in the communities where our colleagues live and work. We are in the process of defining and implementing initiatives that will help us reach our goal of positively impacting 30 million lives. To facilitate this objective, FPS have introduced the Omniversal Life Impact Program (OLIP). A key project under OLIP, the WaterSafe Initiative, is designed to provide a cleaner and safer solution to the often-contaminated vessels used in developing countries for transporting water from the source to homes. For additional information, please see the section “WaterSafe”.
PRODUCT
30%
Minimum 30% recycled content globally by 2030.
ACTIONS TO DATE
We embrace the circular economy model across all our business activities, prioritizing the reduction, reuse, and recycling of resources. Since 2022, our efforts have focused on minimizing FIBC plastic waste through the recovery and reprocessing of previously used materials. In parallel, we align our circularity approach with evolving regulatory frameworks such as the EU Packaging and Packaging Waste Regulation (PPWR), supporting the transition toward more recyclable, reusable, and resource-efficient packaging solutions. Our commitment to advancing circular and sustainable packaging is further demonstrated by our investment in a state-of-the-art recycling center in Romania, enabling us to close material loops and scale circular practices. These efforts have also been recognized externally, with FPS receiving the UN Global Compact Netherlands “Best Sustainability Initiative” award. For additional information, please refer to the “Product” section.
PLANET
Net Zero
Committed to achieving net-zero greenhouse gas emissions across our value chain by 2050.
ACTIONS TO DATE
We are assessing our environmental impacts, establishing a robust baseline, and developing a structured roadmap to guide our transition.This ambition is supported by our 2030 Carbon Roadmap and our 2050 Net-Zero Transition Plan, which outlines our pathway to significantly reduce greenhouse gas emissions across our operations and value chain in line with climate science. These plans are complemented by ongoing efforts to improve resource efficiency, reduce environmental impacts, and strengthen circular practices across our business.Together, these initiatives form the foundation of FPS’s approach to becoming a more resilient, low-impact, and nature-positive organization. For additional information, please refer to the “Planet” section.
2024
BASELINE ESTABLISHED
100%
REFERENCE YEAR (2024)
S1&2+S3
FULL VALUE CHAIN
2030 TARGET
NEAR-TERM TARGET
-42%
SCOPE 1 & 2
-25%
SCOPE 3
2050 TARGET
NET-ZERO ACROSS VALUE CHAIN
-90%
SCOPE 1 & 2
-90%
SCOPE 3
Strong corporate governance is the cornerstone of sustainable business prosperity and expansion. At FPS,we are dedicated to maintaining exemplary standards in corporate governance. Establishing a framework of responsibility, openness, and reliability remains a principal objective for our company.
Our values, Integrity, Passion, Forward Thinking, Respect, Trust, Diversity, and Inclusion are embedded in our day-to-day operationsand continuously reinforced through our leadership and culture. People Excellence stands as one of our four core business priorities, reflecting our belief that engaged and supported colleagues drive innovation and performance.
We recognize the urgency of the climate crisis and the need for decisive, science-aligned action. The SBTi has approved FPS’s near-term and long-term science-based emissions reduction targets The SBTi has verified FPS’s net-zero science-based target by 2050.
As a participant in the Race to Zero campaign, FPS is aligning its operations with global climate goals and contributing to a just and resilient transition to a low-carbon future.
This commitment is more than a pledge: it reflects our company-wide ambition to innovate, collaborate, and drive measurable impact. From improving energy efficiency and transitioning to renewable sources to fostering a culture of climate awareness, FPS is taking an integrated approach to climate action.
2050
Net Zero Target Year
We consider the entire product lifecycle, starting from raw material selection to end-of-life recovery, to create packaging solutions that are both technically reliable and resource-efficient.
We have established measurable product recycling targets that scale with our capacity and customer adoption:
The Recycling Hub also complements our REBU reconditioning program, offering a flexible system where used FIBCs can either be cleaned and reused or fully recycled, depending on their condition and customer requirements. This integration of reuse and recycling enables FPS to deliver customized, scalable, and circular packaging solutions across a variety of industrial sectors while simultaneously reducing pressure on natural resources such as water and fossil-based polymers.
LEGAL DISCLAIMER
This Sustainability Report, reflecting FPS’ current sustainability initiatives and targets, has been developed based on information available at the time of preparation and is provided for informational purposes only as of the date of publication. This report contains statements regarding current expectations, objectives, plans, and future developments related to sustainability matters. Such statements are based on information, assumptions, and circumstances existing at the time of publication and may change over time due to evolving conditions and circumstances beyond the control of FPS. While FPS aims to present accurate and up-to-date information, no representation or warranty, express or implied, is made regarding the completeness, accuracy, or reliability of the information contained herein. Certain figures and data may be subject to rounding or future revision. Unless expressly stated otherwise, nothing in this report shall constitute a legally binding obligation, representation, warranty, or commitment by FPS. This report should be read together with FPS’ policies and applicable legal and regulatory requirements.