CEO’s Letter

Sustainability at FPS is no longer a parallel agenda, it is how we grow, compete, and lead.

Dear Stakeholders,

2025 marked a defining year for FPS where ambition translated into measurable impact, and commitments evolved into scalable, value-creating action across our business and value chain.

Building on the strong foundations of previous years, we focused on execution at scale. Our circular economy efforts reached new milestones as we significantly expanded reuse and recycling operations, recovered both plastics and big bags from the market, and produced millions of FlexiGreen FIBCs, avoiding thousands of tons of virgin material. These achievements reaffirm our belief that circularity is not an aspiration, but a viable and competitive business model.

This year, our Circularity Hub was recognized by the United Nations Global Compact as Best Sustainability Initiative, a moment of pride that reflects the collective effort, ingenuity, and perseverance of our global teams. It also signals that FPS’s approach, linking innovation, partnerships, and operational excellence, can deliver real solutions to global sustainability challenges.

Climate action remained at the heart of our strategy.

With our Science Based Targets validated under the SBTi Net-Zero Standard, we moved from commitment to accountability.

Investments in renewable energy, including our wind turbines, enabled tangible emission reductions, while the launch of the FPS Carbon Tracker strengthened transparency and data-driven decision-making across our product portfolio.

Equally important is the progress we made on our people and culture journey. Women represent nearly half of our global workforce, and all colleagues are covered by robust health and safety systems.

The fact that all FPS sites hold Great Place to Work certification, and several rank among the best, speaks volumes about the culture we are building together.

Our responsibility extends beyond our operations. Through initiatives such as WaterSafe, we are contributing to access to safe water for thousands of children, while community programs continue to embed social impact into everyday working life at FPS.

As regulations evolve and expectations rise, we have proactively supported our customers and partners, most notably through PPWR webinars and one-to-one engagement, ensuring readiness, compliance, and shared success in a rapidly changing packaging landscape.

Two consecutive EcoVadis Platinum Medals, with our highest score to date, underline not only strong systems and governance, but a deeply rooted sustainability mindset across FPS.

Looking ahead, our focus is clear: to further integrate sustainability into strategic decision-making, accelerate innovation, and scale solutions that create value for our customers, communities, and the planet. Sustainability at FPS is no longer a parallel agenda, it is how we grow, compete, and lead.

I would like to thank our colleagues, customers, suppliers, and partners for their trust, collaboration, and shared ambition. Together, we are proving that sustainable growth is possible and powerful.

Warm regards,

Hari Kumar
Chief Executive Officer