TUBINGEN, Germany, Apr 30, 2024 – Machining specialist Walter will now be supplying its products in packaging which is made of up to 95% recycled plastic, known as PCR, and is fully recyclable. This new packaging strategy is an important step in increasing circularity to above 90%, a goal which the Tübingen-based company wants to achieve by 2030. But this is just one of four sustainability targets that Walter has committed to over the next few years. The company has pledged to halve its CO2 emissions, to avoid causing any harm to people and to act transparently and ethically – in other words, to always do the right thing.
“We have set ourselves ambitious sustainability targets to meet by 2030, and these affect every area of the company. With the new packaging, we are taking the next logical step on this journey,” explains Gerhard Schüßler, Head of Sustainability at Walter, adding: “And that’s not all – our main goal is to be climate-neutral by 2050. So it’s essential that we take every opportunity to effectively reduce our CO2 emissions. The PCR packaging plays a part in this on multiple levels.”
Minimum impact on the environment and good product protection
Producing the recycled plastic for the new packaging only requires half the energy that is used for new plastic. This is equivalent to a 60-ton decrease in CO2 emissions compared to 2022. What’s more, the use of fossil raw materials is reduced and less energy is required. To cut down on transportation, the next step is to produce the packaging not only in Germany but also everywhere that Walter has distribution centers.
Alongside the sustainability credentials, the new packaging offers benefits to Walter customers too. The recycled material is just as robust as new plastic, providing our products with optimal protection against corrosion and other damage. In this way, maximum functionality is combined with the best possible product protection and minimum impact on the environment.
The switchover to the new packaging material began in 2023 and the aim is for it to be used as standard for 85% of Walter’s products over the course of 2024.
About Walter
For over 100 years, Walter has stood for competence and quality in the field of machining technology. The company was founded in 1919 by Richard Walter and has its headquarters in Tübingen, Germany. The portfolio includes precision tools for milling, turning, grooving, drilling and threading as well as individual special tools and technology solutions along the process chain. With production facilities in North and South America, Europe and Asia, numerous subsidiaries and sales partners, and 4,400 employees worldwide, Walter has a global presence and customers in more than 80 countries around the world. In addition to engineering expertise, a sustainable corporate strategy and a diversity approach are part of the corporate culture. Since 2022, the Frezite Group has been part of Walter, including the Frezite portfolio brand FMT, which deals with cutting tools for lightweight materials. For more information, visit https://www.walter-tools.com.
