FAQs

CANPACK is a leading global provider of high-quality, sustainable, modern packaging solutions. We manufacture high-quality aluminium cans, glass containers, and metal closures for the beverage industry, and steel cans for the food and chemical industries. Headquartered in Kraków (Poland), we serve customers in over 100 countries worldwide. Over the last 30 years, we have expanded our geographical reach primarily through greenfield investments driven by our customers’ requirements. The CANPACK Group is one of the most technologically advanced and largest packaging producers in the world.

CANPACK employs nearly 8,500 employees worldwide across 27 plants located in 16 countries across 5 continents.

• Our vision is to redefine what’s possible with packaging – for consumers, businesses and the planet.
• Our mission is to be the global partner of choice for impactful, experience-enhancing, and sustainable packaging solutions – energising customers, connecting with consumers and inspiring employees to push boundaries.

Our shared values describe how we deliver our vision, how we do business, and how we work together. They are the foundation of our culture. We believe packaging can do more. More for brands, businesses, people, and the planet.

Our competitive strengths include:

• Having a rich portfolio of sustainable products that meet the diverse needs and expectations of consumers around the world.
• Having a proven track record of new market entry through successful greenfield investments.
• Building long-term relationships with a diverse blue-chip customer base.
• Having a conservative financial profile with disciplined management.
• Being privately owned allows us to operate and invest for the long term.

Sustainability issues are deeply embedded in our culture and determine the way we conduct business. Our sustainability strategy centres around three pillars: Care, Sustain, and Recycle. These ensure that we always remain conscious of evolving consumer expectations and our wider role in society.

We have been growing since we were established as a metal packaging business in Poland in 1992. Since this time, we have moved beyond our initial steel can offering to become one of the leading manufacturers in the beverage packaging industry. Our global footprint has primarily grown organically via greenfield expansion. These developments have been driven by our key customers seeking new products, capabilities, and innovation.

Please visit the news section of our website or follow us on LinkedIn for our latest news.

On October 26, 2020, CANPACK S.A. and CANPACK US LLC (previously Eastern PA Land Investment Holding LLC) co-issued (i) €600,000,000 aggregate principal amount of 2.375% Senior Notes due 2027 and (ii) $400,000,000 aggregate principal amount of 3.125% Senior Notes due 2025. On October 12, 2021 CANPACK S.A. and CANPACK US LLC issued $800 million aggregate principal amount of 3.875% Senior Notes due 2029.

Please visit Bond Profile for more information.

Please visit Credit Rating

Yes, the current outstanding bonds are listed on Luxembourg Stock Exchange’s Euro MTF market. Their market pricing can be obtained via banks or financial data providers, such as Bloomberg and Reuters.

Please visit Bondholder Downloads

Please visit Financial Calendar

CANPACK IR Team

Lorenzo Ruffatti 
Group Treasury Director

Marta Kopcik 
Group Communications Manager

Email: IR@canpack.com

CANPACK IR Advisor

Li Zhao – Maitland/AMO
Phone: +44 (0) 207 379 5151
Email: canpack@maitland.co.uk

Yes, we have policies covering sustainability issues and these are:

• Group Code of Conduct
• Group Supplier Code of Conduct
• Group Sustainability Policy
• Group Environmental Sustainability Policy
• Group Integrated Management System Policy
• Group Energy Risk Management Policy
• Group Sustainable Procurement Policy
• Global Trade Compliance Policy
• Group Conflict Minerals Policy
• Group Human Rights
• Group Diversity and Inclusion Policy
• Group Non-Discrimination, Anti-Harassment and Antibullying Policy
• Group Whistleblowing Policy
• Global Anti-Corruption Policy
• Group Enterprise Risk Management Policy
• Group Data Protection Policy
• Giorgi Global Holdings, Inc. and CANPACK Group Privacy Policy

Find our publicly available policies at Our Policies.

We adhere to global environmental standards and focus on energy and materials efficiency, water stewardship, and carbon footprint management. Our policies and practices are designed to minimise any negative impact on the environment and ensure compliance with all relevant norms and standards. All of our manufacturing facilities are regulated by the environmental authorities and operate under strict permit conditions.

In order to exceed, rather than merely meet, the expectations of our permits, we have an Integrated Management System that standardises our environmental requirements across the group and drives continual improvement. Our management system operates in conjunction with the ISO 14001/45001 accreditations held by 74% of our manufacturing sites (2023).

CANPACK externally verifies its Scope 1, 2, and 3 emissions. The Group
has not only reduced its relative carbon footprint across all divisions but has also achieved absolute reductions in Scopes 1 and 2 emissions since 2017 – despite production growth.

Since 2021, CANPACK has been a member of the Science Based Targets initiative (SBTi), and the Group’s emissions reduction targets were formally approved by the organisation in May 2022. The Group’s overall strategy is to reduce emissions in line with the ‘well below 2 degrees Celsius’ trajectory. As part of its emissions targets, CANPACK is committed to three core mission statements.

Reducing absolute Scope 1 and 2 GHG emissions by 25% by 2030, from a 2020 baseline. Increasing the annual sourcing of renewable electricity from 62% in 2020 to 100% from 2022 onwards. Reducing absolute Scope 3 GHG emissions from purchased goods and services by 12.3% by 2030, from a 2020 baseline.

Following the effective sale of the CANPACK glass plant in Orzesze on April 2, 2024, the company will recalculate its emissions reduction targets in line with the Science Based Targets initiative (SBTi) requirements. CANPACK remains committed to strengthening its previous climate ambition by aligning with the 1.5°C trajectory, reinforcing its dedication to meeting customer expectations and supporting global climate goals.

For over three years, where available, the CANPACK Group has procured 100% renewable electricity for use in all of its plants. Where it is not available, the company purchases Energy Attribute Certificates or comparable certificates.

The announcement, made in late 2021, positioned CANPACK as the first major global can maker to use 100% renewable electricity across all of its facilities. In addition to this commitment, where feasible, the Group also invests in on-site solar power.

Although we do not currently have a specific target for the implementation of the ISO 50001 standard, we are actively exploring its adoption. At present, three CANPACK sites—Brzesko (PL), Bydgoszcz (PL), and Scunthorpe (UK)—are certified under the ISO 50001 standard.

From a manufacturing perspective, we are committed to energy reduction targets and the implementation of best-in-class practices in energy efficiency, as well as relevant procedures.

CANPACK, alongside the wider industry, is committed to playing its part in ensuring that every single can is recycled. This is precisely why we are fully engaged in initiatives that raise consumer environmental awareness, such as ‘Every Can Counts’. Moreover, we proactively support the enhancement of existing collection and recycling infrastructure, as well as relevant regulations. This is particularly important in the context of legislation concerning deposit return schemes. As a responsible business, we fully support the fair and balanced implementation of these schemes, ensuring that all packaging types and variable deposit rates are appropriately considered.

In Poland and Romania, CANPACK operates facilities dedicated exclusively to aluminium recycling.

As a business, we are fortunate to work with permanent materials that are infinitely recyclable. Our goal is to advance the circular economy —keeping resources in use for as long as possible, extracting maximum value from them while in use, and recovering and regenerating materials at the end of their service life.

We have therefore implemented the following measures, where technically, operationally, and legally feasible:

• Our products are designed to be easily recycled at scale;
• Used beverage can collection facilities have been established in Poland and Romania.

Furthermore, the principles of “Avoid – Reduce – Reuse – Recycle” guide our daily decision-making, helping to minimise waste generated during our production processes. As part of this commitment, we have implemented the following additional measures:

• Reduction of internal waste generation through the reuse, recovery, or repurposing of materials;
• Regular waste management training sessions for employees;
• Internal sorting systems to separate waste into different streams;
• Mapping of waste streams to improve oversight and efficiency.

As water is a scarce resource, we recognise our responsibility as a company to minimise our water consumption wherever possible. Accordingly, we have implemented the following measures at our locations where operationally feasible:

• Water recycling systems;
• Regular water auditing and reporting;
• Cooling systems designed to reduce water consumption;
• Water stress assessment and mapping;
• Wastewater treatment plants;
• Wastewater quality monitoring;
• Rainwater harvesting systems.

In addition, our plants in India and Morocco have undertaken local CSR water conservation projects in collaboration with domestic organisations.

We also require our strategic suppliers to have implemented water reduction targets, as outlined in our Sustainable Procurement Policy. Meeting this requirement qualifies a supplier as ‘very low risk’. CANPACK’s target is for 100% of its key suppliers to achieve the ‘very low risk’ level (A) by 2030.

At CANPACK, we recognise the importance of biodiversity and understand that our actions may impact it in complex ways. As a business, we are therefore committed to integrating biodiversity considerations into our strategy and business model. For this reason, in 2024 we conducted our first biodiversity assessment across our sites in Poland.

According to this analysis, CANPACK’s greatest impacts are associated with greenhouse gas emissions and the consumption of raw materials, which may lead to changes in land use. These impacts were identified through the following priority areas, selected for their key role in CANPACK’s business model and its interaction with nature:

1. Extraction of primary raw materials (indirect impact)
2. Production of base components (indirect impact)
3. Product manufacturing (direct impact)

When building a new plant, CANPACK ensures compliance with both global and local environmental requirements, which take into account potential impacts on biodiversity.

Safety is one of our core values and is non-negotiable. We believe that every employee, visitor, or contractor has the right to work in a safe environment and be able to go home without injury or ill health. Our EHS system is applicable to any person on a CANPACK site.

Our Integrated Management System—certified under ISO 45001 in 74% of our plants—sets the standard for the Group. It begins with risk assessment and reduction, fosters engagement, and monitors performance through challenging Key Performance Indicators.

We have rigorous health and safety procedures in place, including protocols for the inspection and auditing of equipment used by our employees, as well as for the proper handling of chemicals and hazardous substances. All safety-related processes and procedures are translated into the languages spoken by our employees.

To foster a safety-oriented culture, we undertake several initiatives, including:

• Raising safety awareness through the ‘High 5 for Safety’ programme
• A reward system for CANPACK Group plants that recognises injury-free performance
• The Safety Stars System, which acknowledges and rewards employees for their contributions to occupational health and safety

CANPACK is a signatory of UNGC and we support all 10 principles, including the elimination of discrimination in the workplace. This approach is also an integral part of our values and code of conduct. We also believe that responsibility for these issues rests in our supply chain, so we expect the same high standards from our suppliers.

At CANPACK we’ve created a culture and work environment that embraces diversity, fosters inclusion, and respects the rights and dignity of our employees. We are proud of our team; they are the source of our success. That’s why we provide equality and fairness to our employees, job applicants, and business partners. We are opposed to all forms of discrimination – cultural differences are recognised and valued.

Although we have no specific target to increase the number of disabled people we employ, where it is appropriate and necessary, we ensure that special equipment and operational modifications are put in place.

Our goal is to ensure that all the people we affect directly and indirectly through our operations are treated in a fair manner and that human rights are respected. Accordingly, we have developed and implemented a Human Rights Policy which is available on our website. This covers our legal, moral, and commercial responsibility towards respecting human rights, establishes a basic management framework on these issues, and it supports our employees in achieving this goal.

And although child and forced labour, as well as slavery and human trafficking, are also specifically addressed as key issues in CANPACK’s Code of Conduct and Suppliers Code of Conduct, to effectively mitigate the risk of child or forced labour the business performs risk assessments, including at the production facilities of its supply chain partners. The issue is also a central part of business training programmes and employees are actively encouraged to report any incidents through our whistleblowing mechanism.
Moreover, CANPACK’s Sustainable Procurement Policy serves as a critical tool for monitoring and mitigating risks in our supply chain, ensuring compliance with human rights standards and preventing unethical practices such as human trafficking and child labor. Through rigorous supplier assessments, audits, and continuous engagement, we proactively identify and address social risks, fostering a responsible and transparent global supply network.
Additionally, every year we issue an updated statement on Slavery and Human Trafficking, prepared in accordance with the regulations imposed by the Modern Slavery Act 2015 passed by the UK Parliament.

CANPACK’s first sustainability pillar, Care, sets out the business’s responsibilities to its employees and local communities. It includes health and safety; the protection of human rights; the prevention of discrimination, corruption, forced labour and child labour; as well as community engagement. The activities undertaken by CANPACK within this pillar are consistent with the United Nations Global Compact (UNGC) principles and reflect the company’s contribution to the implementation of Sustainable Development Goals (SDGs) established by UN Member States in 2015.

CANPACK is committed to ensuring that every effort is made to create an environment which respects the rich, diverse social, ethnic and cultural backgrounds of its employees. Indeed, CANPACK’s values include integrity, respect, and teamwork. This attitude motivated us to create a project and book called ‘Sense of Place. Feel Proud of Your Local Heritage’. The project allows us to better understand the culture of colleagues from around the world and appreciate the uniqueness and diversity of CANPACK’s global community.

To encourage fairness and consistency the company has implemented a global system that helps ensure comparable employment conditions and benefits to comparable positions – taking into account local laws and norms regardless of where an employee is located. CANPACK also promotes an anti-discriminatory culture through dedicated training programmes and a Speak-Up helpline. The Diversity and Inclusion Policy implemented in 2021 reinforces our commitment to providing equality and fairness to all employees and to not providing less favourable treatment to employees on the grounds of age, disability, gender, marriage and civil partnership, pregnancy and maternity, race, ethnic origin, colour, nationality, national origin, religion or belief, gender reassignment, or sex and sexual orientation. We are opposed to all forms of unlawful and unfair discrimination.

CANPACK is committed to engaging with employees through structured and locally tailored communication. Engagement methods vary across the Group to reflect local regulations, cultural contexts, and operational needs. The communication channels through which we engage our employees, monitor their needs and gain insight into impacts, include: quarterly business updates, HR round tables, individual meetings, pre-shift discussions, and open-door approach surveys.

Across all plants and offices, local senior leadership (General Managers, Plant Managers, Functional Leads, etc.) oversees engagement processes, ensuring that employee feedback informs decision-making and operational improvements. In Corporate Offices it is our CEO. By placing these responsibilities with senior leadership, CANPACK ensures that worker engagement is embedded into daily operations, reinforcing transparency, responsiveness, and continuous evaluation.

INFORMATION ON THE CARBON FOOTPRINT OF THE CANPACK GROUP IN 2023

As one of the key packaging producers, CANPACK understands its impact on the environment and recognizes its responsibility for the condition of the environment. Since 2017, we have been calculating our carbon footprint, quantifiably expressing the company’s impact on the climate as well as other indicators of sustainable development and circular economy.

Regular carbon footprint measurement enables us to identify the areas of our activity with the greatest potential to generate emissions and, consequently, to search for opportunities to optimize our processes, implement new effective solutions and undertake sustainable-oriented initiatives and investments.

Recognizing that companies have a key role to play in supporting the climate transition at the pace and scale required by the Paris Agreement, in 2022 CANPACK has set emission reduction targets grounded in climate science. In this way, we want to contribute to the fight against climate change and ensure a thriving, sustainable economy.

Following its commitments and maintaining transparency in business relations, CANPACK wants to share its carbon footprint results for 2023 with its investors, customers and other stakeholders. The calculation is based on the methodology developed by CANPACK and publicly available at the LINK. The independent limited assurance of emission factors was carried out by an independent third party, BUREAU VERITAS Polska Sp. z o. o. LINK

One of the first and radical actions for the climate that the company took in 2022. was the transition to the purchase of 100% energy from renewable sources, the effects of which can be seen in drastically reduced emissions in Scope 2 (a decrease of 97% compared to 2021). The company takes further steps to increase the efficiency of utilities and raw material consumption despite the growing scale of operations, and thus reduce the carbon footprint and get closer to its Science Based Targets set for 2030.

Table 1: Selected metrics within the scope of limited assurance for the year ending 31 December 2023

The CANPACK Sustainability Committee is chaired by CANPACK’s CEO, and its membership is made up of senior executives from Giorgi Global Holdings. The Committee meets at least once per quarter and is responsible for approving and reviewing the sustainability strategy and priorities (including climate change issues). Examples of decisions made by the Sustainability Committee include, the requirement for all plants to have bespoke environmental targets in place, the introduction of Science Based Targets, and a commitment to using renewable electricity.

In addition to the Sustainability Committee, sustainability-related issues are raised at Executive Committee and Supervisory Board levels.

CANPACK’s consolidated view of significant risks is based on annual risk assessments conducted by individual units. Strategic and operational risks are categorised in accordance with the guidelines outlined in CANPACK’s global risk management frameworks, the Enterprise Risk Management (ERM). The risk data and maps are updated annually, presenting key areas requiring special attention to the Audit Committee.
The monitoring of local sustainability risks, opportunities, and impacts, as well as the implementation of due diligence and the assessment of policies, actions, metrics, and targets, takes place on a quarterly basis. Sustainability Office compiles all gathered information and presents it quarterly to Sustainability Committee, ensuring that the outcomes are considered when overseeing strategy, major transactions, and the risk management process.
Moreover, in 2024, CANPACK conducted its first Double Materiality Assessment (DMA) to align with the requirements of the Corporate Sustainability Reporting Directive (CSRD), which will apply to our reporting from 2028. Looking ahead, we plan to integrate the DMA process with the ERM framework.

In 2019, CANPACK joined the UN Global Compact which commits the Group to supporting ten principles covering Human Rights, Labour laws, the Environment and Anticorruption.

As a signatory of the UN Global Compact, CANPACK is committed to communicating progress on sustainability-related issues on an annual basis.

In 2020, CANPACK established the Sustainable Procurement Policy, a formalized framework designed to proactively mitigate risks associated with the supply chain of key materials used in our packaging production. As part of this initiative, we segmented our key suppliers, enabling us to more effectively address environmental concerns, including Science-Based Targets, increasing the use of renewable energy, reducing energy consumption, and implementing sustainable supply chain measures. Additionally, we integrated social responsibility considerations, promoting ethical labor practices and fostering supplier diversity.
In 2023, we refined our approach by reassessing and mapping all strategic suppliers to ensure a comprehensive understanding of material risks within the supply chain.
Committed to fostering collaboration and transparency, in March 2025, we convened with all key suppliers for the third time since implementing the framework. This meeting reinforced our shared understanding of expectations—both ours and our clients’—and equipped suppliers for the upcoming sustainability risk assessment.

The rating with the particular significance for us is the Gold Rating from EcoVadis which places CANPACK in the top 5% of more than 100,000 companies worldwide assessed by EcoVadis. Our commitment to conduct business in an environmentally and socially responsible manner is also demonstrated by the number of awards we’ve received. These include the Arabia CSR Award – an award that multiply recognised the positive work CANPACK does as a medium-sized business in the Middle East, the CEE’s Best Sustainable Packaging Solutions award for our outstanding commitment to employees, communities, and the environment, the Gold CSR Leaf and Silver ESG Leaf accreditation for CANPACK’s outstanding leadership regarding environmental and social responsibility in corporate governance (ESG), the Fair Company award which formally recognises CANPACK as a CSR Leader, the Green Company award which recognises the measures we’ve put in place to reduce the total environmental impact of our activity, the Good Employer award which highlights CANPACK’s efforts toward employees, and also the Ethical Company award which is a symbol of organizational maturity and care for ethics and compliance in business.

Yes. CANPACK has a fully integrated Sustainability Office supported by a strong team of experts, including sustainability champions, in each of its production facilities. The Sustainability Office, working alongside the production facilities and relevant global departments, regularly monitors, analyses, reports, and identifies opportunities for improvement. CANPACK also has a Sustainability Committee that approves and reviews the businesses’ sustainability strategy, reviews performance, and identifies priorities.

CANPACK continuously monitors its sustainability KPIs at all of its sites and it formally reports progress on an annual basis. Examples of KPIs include the number of lost time injury events; percentage of women in executive positions; the number of community projects in place; electricity and thermal energy consumption; water consumption; waste generation and recycling; and percentage of recycled materials used.

Progress against the company’s sustainability strategy is primarily done through CANPACK’s sustainability report which is published every 2 years. It reports progress against following areas: Sustainability Governance, Environment, Circular Economy, Labour and Human Rights, Ethics and Compliance, and Sustainable Procurement. As a company that participates and implements the UN Global Compact’s (UNGC) standards, CANPACK publishes its progress on an annual basis. CANPACK’s sustainability growth is assessed by external bodies including Ecovadis and CDP, and the results are publicly communicated through CANPACK’s website and via social media.

The CANPACK’s Sustainability Report 2024 (covering years 2022–2023) was used to prepare for the CSRD implementation in the future. Changes implemented in this report include:

• Conducting our double materiality assessment (DMA) based on the ESRS methodology.
• Structuring our sustainability statement and disclosures in alignment with ESRS requirements, where feasible.

This phased implementation of ESRS requirements has served as a valuable learning experience ahead of our 2024 and 2025 reporting. The CSRD, ESRS, and other relevant regulations will continue to guide and shape our approach to sustainability reporting.

The Group also adheres to the reporting standards set by UN Global Compact (UNGC).

CANPACK prohibits the procurement of materials containing minerals that originate from entities supporting conflicts or benefitting armed groups. The extraction of these minerals are often related to human rights infringements including forced labour and the abuse of women and children. To ensure that the raw materials needed to manufacture the products made by CANPACK are sourced from conflict-free areas, the company follows strict procedures based on applicable national and international guidelines, including “Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas” issued by the OECD. The company’s commitment is formally covered by CANPACK Group’s Conflict Minerals Policy.