21 Jul 2022 --- DS Smith has achieved a 100% rate of reusable or recyclable packaging and cut 313 million units of plastic from its product portfolio in the past two years, according to its recent annual report. The UK-based paper packaging company also reports a 29% carbon emissions equivalent cut between 2015 and 2021. The achievements are matched by significant growth in sales and profit. The company has seen a 71% growth in profit before tax, rising from £231 million (US$275 million) in 2021 to £378 million (US$450 million) in 2022. This figure is drawn from revenue of £7.2 billion (US$8.6 billion), representing a 26% rise from the previous year.
