00:01:1:078 – 00:01:55:18
Hello to all of you. Thanks for joining us. From Europe and Germany. We are overwhelmed with all the numbers of attendees joining us for this digital live opening of our M forum here in scope on behalf of the entire man or packaging team. I’m very much looking forward to welcoming you to this session, and I’m pleased that we have had some very valuable speakers and experts.
Now, before we start with the program, I would like to do a quick check-in and onboarding with you. So please, first, make yourself comfortable. I hope you all have a drink. This is small. Something I would serve to you if you were to live here. So now it’s all in the digital life opening just for me—all the chocolate that you see here.
So you are all muted. So this helps us, as there are many, many people in here who know about noise and sounds interfering here in the middle of your screen. You do have the emotion for that. And so, in case you prefer sending hearts or thumbs, you can use that one as well. Okay. For onboarding, all presentations and further material will be sent to you after the session.
So whatever we are talking about here—all the facts and figures you will be seeing—we will provide you with a special presentation, not only behind the scenes but also to my left. I do have the production team with me, and they are taking care of a smooth process. Of course, we are all very excited because
Right, Stefan, it’s our first. Now we are really in cowboy mode, and thank you so much for all the support. So this is for check-in and onboarding, and regarding you as attendees, we can say it’s the typical mix we know from the packaging supply chain. So we do have product managers, price managers, sustainability managers, production managers—all these people with all these responsibilities that are taking care of us, my packaging solutions.
So first, I would like to provide you with some information on the forum. What is it about? So you have seen this small throwback video at the beginning, and that was from our life opening here in Scope at our German production side, the main production side, where we enjoyed having the people in for life experience, for testing, engaging, and experiencing.
So our application and test center, as you can see here and back with the acceleration bench, is fully in the heart of the shop floor. So we do have logistics here. We have our quality managers here, as well as our research and innovation department. So this is critical for the packaging team to put the customer first and, yeah, to really bring it to the place where everything comes together.
00:05:07:26 – 00:05:41:29
So the forum itself is designed to allow lifelong communication, interaction, and, yeah, different services to meet and fulfill all your needs on the upcoming challenges and topics. So the second main feature of the forum is “digital life,” and that’s why we also have the digital life opening. The opening is that nowadays, people are spread all over the continents and countries. Some work from home.
00:05:42:01 – 00:06:11:13
Plans are spread out all over the country, or even to Europe. So we have a global supply chain. So we do need solutions for more than one country or one production center. There are many, many options, and we want to allow you to also join during a test from your place and talk with the experts about the results and what the next steps will be.
00:06:11:15 – 00:06:43:14
And it’s also to bring together all the different experts, exchange ideas, and provide information, so you can be assured that you will always get an attempt and an approach from our experts to deliver the most safe and sustainable lot. A unit. I think this is because it’s not about A or B anymore; it’s about combining safety and sustainability.
00:06:43:14 – 00:07:19:24
And that’s what we want to talk about during this digital opening today. So thank you very much for joining. And now it’s time to introduce my first guest here on stage. So welcome, Andrea. It’s great to have you here. You are the CEO of Manupackaging Deutschland, and you have been in this packaged industry for more than three decades, a very long time and in different roles.
00:07:19:26 – 00:07:44:24
It seems to be the stepchild of the whole packaging supply chain. Yet, I also have the impression that with all the topics coming up, this is changing your opinion. Thank you. And that’s very right. So literally, the last thing to think about was Tetra packaging, but now it’s changing dramatically, and we had many discussions and are still having many discussions with our customers.
00:07:44:26 – 00:08:09:15
And I think we can figure out four main drivers because it is time for change so that the packaging supply chain is relevant. Okay, so what are the key drivers from that perspective? Yeah, so for me, everybody—and this is the first driver—has a lot of cost pressure, and therefore the total cost of ownership principle applies here.
00:08:09:18 – 00:08:46:23
So, instead of looking just for tertiary packaging, we have to look at the whole process. The second driver is really load security, and for excellent reasons. There are many regulations and standards in place. So, again, this is a very complex topic we have to look at and access. The third one is sustainability. Yeah, I know everybody is talking about sustainability, but regarding the set, the term packaging of low security, it’s critical because everybody has to contribute to the target.
00:08:46:23 – 00:09:12:22
So the easy targets companies are setting. And yeah, we found out that touching your packaging can have a great impact on that. Yeah, and the last and fourth driver for me is the circular economy, and I think this would be an excellent driver for the future to contribute to. Yeah. So this is the true cost of ownership: load security, sustainability, and the circular economy.
00:09:12:22 – 00:09:46:18
Okay. It seems like buzzwords, but I think what we all know is that, yeah, when we do team work, when we go into processes, when we start rethinking the opportunities to come up with totally new ideas, now sit, as we always say, safety first. Our production side as well. Let’s start out with the safety issue and safety topic, and now it’s on me to introduce the Angel of Safety to you.
00:09:46:18 – 00:10:29:07
It’s Angel Hernandez. He’s the president of the EUMOS, and he has already been joining us for a lot of the life opening. And I briefly introduce him to you with some key things. So uncut on this. To me, he’s a multitasker. Yeah. He has not only founded his own company now; he has also set up an innovation and research center in Asia for load security, and he is also a founding member of the EUMOS, the European Safe Logistics Association.
00:10:29:07 – 00:10:54:03
And, of course, it’s like the crown. He’s the current president, and we very much enjoyed having him here because he’s full of energy and really into this topic of policy curing and load security. So, yeah, let’s bring him on stage now. And yeah, you will see he has some temper over that.
00:10:54:09 – 00:11:23:22
Please use the chatbot for any questions or comments you have about him. So I’m handing you over. Hi, it’s so great to have you in again. And I’m leaving this stage with my chunk of. Thank you. Thank you very much. Yeah, I am. I’m very honored and very proud to have you again here after this life event. So I’m so coming back to the not-properly secured load.
00:11:23:22 – 00:11:58:19
So, please take us through that a little bit as well. So the origin of everything has to do with the Commission. In fact, let’s say in 2010, they managed some figures about the number of people who passed away in their role. Then, in 2010, the European Commission started to take some actions to reduce it to zero.
00:11:58:19 – 00:12:31:01
There is an objective of zero fatalities on the road. It is the objective of the European Commission. There are many aspects. There are the electronic cars, the old ones; everything is related up to the autonomous car and has to do with many aspects. But there is a part of this, which is that when the industrial vehicles are involved, it is precisely our focus. It is who we are and what we are working on.
00:12:31:04 – 00:13:14:00
Then you see here some figures that show that since 2000, the number of people who passed away on the road has also been dropping. But shortly, it was a flat. It was so bad that we couldn’t continue reducing the number of fatalities. And then, okay, we started to work on this, and then we were responsible for the industrial vehicles, and that is why we created the association. We are consultants for the commissions that evolve, and in fact, we are part of the experts who are part of the roadwork.
00:13:14:00 – 00:13:52:15
Is that active here in this charity? You can see it is data provided by the stop to two laughing with the industrial vehicle and who is having a fatality. And then, okay, what it means is that it was the origin of everything, and then it commissions the move request of the Leuven University to define something that can be valid for all of Europe.
00:13:52:15 – 00:14:27:19
And then it was the beginning of the roadwork. Is that active where it was included in the first as an annex? But it has to do with cargo security. It was the first time ever that we had an annex concerning cargo. Securing is the beauty of this because it is not defined in a vague manner like security or load no pollution, blah blah blah, but it is included in the 12th standard. This way, we have a metric that we can measure everywhere, and that is the key to this.
00:14:27:21 – 00:15:03:26
And then there are some standards, some ISO standards, and some very well-known standards that were included in almost all the standards. The most famous is the 45 or nine, which has to do with rigidity; it is to be a rigidity of the load because it was the missing link because we had the standard for the vehicles, the resistance of the walls, of the trailers, the number of losses in the forces in the consultancy that we have to use, the blocking elements, their core things.
00:15:03:28 – 00:15:30:05
They and, of course, we had the standard for everything. But what if the load is not rigid enough, and then it is what we created?This is standard at the university, and then it has to be done. It is on a simulator, and you will see afterward that it is a simulator to assimilate, to simulate an emergency brake or a cure that we take at high speed.
00:15:30:08 – 00:15:57:07
Okay. And then you are going to measure the deformation. It is the key to this. And then there was our participation in the EUMOS as an association, and as Andreas said, I am very proud to be one of the founders of Great to Great. Thank you very much. So it has already been explained that we have three main standards there.
00:15:57:09 – 00:16:28:13
And one standard is to secure the load. And I wanted to show it right now. In the video, it’s explained how it’s done on the truck. So Stefan plus play, and then you can see that the load is moving quite intensively, so you see that this could harm you or cause an accident. So what they can do on the truck, we can also do right here in the Alliance Forum.
00:16:28:20 – 00:16:53:12
It’s happening more or less the same as on the truck: the pallet is quite heavily moving. So, definitely, this is not a secure load, and we also have a lot of data after this testing, and then, as we saw, we have a picture showing how badly this load was secured after this step. Then let’s say all our metrics are ready.
00:16:53:12 – 00:17:21:13
So we try to find the best solution for your load. We try to find the best programs and how to wrap the pallets, and afterward, definitely, we do the testing again. And so this was the picture of what sales life looks like. And then after that, we are trying to decide: is this a better palette? And you can see in the next video what the testing would look like.
00:17:21:16 – 00:17:51:05
So, as you can see, the goods are probably not moving. So then this is secure. Then this test is successfully passed. So to sum it up, I would say there are three points to pass this. The standard test. So the first is that the plastic deformation has to be below 5% of height. The second criteria is the elastic deformation has to be below 10% of height.
00:17:51:08 – 00:18:20:13
And the third testing point is really the optics, the visual integrity of the pallet. So we have to check it. It’s good enough or not. And the test was passed, and everything is fine. So, this spoke about three different norms, and there are two more. The other is, say, the educational program. You’re right.
00:18:20:15 – 00:18:53:07
Let me say that when you go to the federation bench, as you have shown in the lab, there is a figure that is not an arbitrary figure. It is 0.5 G. It means that what we do is that we accelerate or decelerate physically at the same 0.5 G. Why five G? It is because there is a consensus on a circumstance between America and Australia here about an emergency brake.
00:18:53:10 – 00:19:11:00
Emergency brake is something that can happen because if children are crossing the road or whatever, we have to have our emergency brake, and in this case, it can be zero point five. Okay, if it is an accident, it will be two G, or if it is an accident, it will be destroyed.
00:19:11:00 – 00:19:41:14
Everything. But normally, 2.5 can be the extreme conditions, but normal conditions. Okay. said to have everything together. Now that we have the directive, the European Road Worthiness Directive, with clear standards to measure the correct car bicycling, which is excellent, we have to spread the knowledge to make sure that everybody knows that that is the program that we have created.
00:19:41:16 – 00:20:09:17
A European guide to everything that has to do with cargo securing is there in a very comprehensive manner. Then we have created the guide so that we can take an examination for future experts, people who know the keys to this because, believe me, the technique is there. It means that there is just a question of knowing if the correct practice is there.
00:20:09:20 – 00:20:36:12
You know that I promise you that we can guarantee that accidents because of cargo securing on the roof coast will go to zero. Okay, then yeah, and the educational program is the second leg of this and the third one is the European cargo safety card. Everybody knows what a safety card is. In this case, it is as simple as deciding on a good practice.
00:20:36:14 – 00:21:04:02
And what is the rigidity of your load? You need some blocking; you need some anti-slide. The mattress is just right. As you want to do. It is like the ISO 9000, right? As you do it normally, all the stakeholders will play the same game: the courier, your employees and then the European cargo safety card.
00:21:04:08–00:21:30:24
What we have done is create a kind of form that is easily recognized by the industry, the police, and the courier. Then it is the first leg, which is 40 674. And then we have, really, in the directive, two or four standards. Excellent. Lovely. Is that the norm? Second, the missing link was the rigidity of a load.
00:21:30:24 – 00:21:59:06
We’ve got it. We have some tests to measure how rigid a load is; after that, we teach people to do it correctly; and third, we write the best practice on our paper. Thank you very much for your excellent final statement. Thank you very much, and I hope that you all got all the very interesting and important points out of that.
00:21:59:09 – 00:22:41:14
So now by my side today is the A-Team. You are part of the German sales team, and yeah, you’ve been in the stretch film and packaging industries for more than 20 years as well. So you have a great range of experience, and now we have been hearing on set and in the discussion with Andreas about load security, cargo security and the need for testing to develop the best solution.
00:22:41:16 – 00:23:17:03
Please give us an insight into how the procedures here with the testing are running. Yes. I want to give you a short overview and then a short idea of what we are doing here. We still have ongoing testing. We have done several tests here. It’s always beginning with a free consultation at the customer sites to involve all stakeholders in the process to see the current situation and make an analysis so that we can have a customized solution afterward, and then we can already go through all the tests.
00:23:17:05 – 00:23:44:18
Okay. And I think you already had some customers in. And I think it might be interesting to describe the process and the included service by looking at the customer because here we have the same topic with many different stakeholders involved in the process. Yes, indeed, we agreed to go further. And secondly, the appellate unit’s Reps Flight unit is coming here to the forum.
00:23:44:18 – 00:24:18:25
We organized the logistics again with all stakeholders involved in this process. And then we go test life here, in the M Forum. So last week we already did the test here in Scope, and it was nice to see how it works in real life. So the production manager was here at the site. The purchasing manager joined us digitally live from Hamburg, and the sustainability manager was digitally online from Iraq.
00:24:18:25 – 00:24:41:21
So it’s nice to see how it works in the real life to bring all stakeholders together immediately to discuss the results and the steps for testing right now. Okay, So if I understand you right, you’re organizing the briefing, bringing together the different perspectives and requirements from the stakeholders, and then the testing process.
00:24:41:24 – 00:25:06:03
It’s quite fast, and you jointly discuss the results and then kind of refresh the briefing as well. And we’ve now reached the third step. I think this is where the magic happens, right? I call it the creative part, as far as the mixing has gone. So we have several options here to go into optimization to find a sustainable solution.
00:25:06:05 – 00:25:39:02
We have several options. Way of superpower films considering down engaging isolate metal, right gating. We also have the option of having new films with these PCR contents, for instance. So, as you’ll see, we have all the options here at the end. Okay, you are describing the process when we come back to this customer? So, in the end, it’s always about facts and figures, or KPIs, as Andreas was saying, when you talk about total cost of ownership.
00:25:39:04 – 00:26:04:24
So we have to deliver results. Would you give us some insights on the results? Yes, for sure. We’ll give you some insights about the results of the last week we reached out together. In total, it was a cost reduction of approximately 20% of the total cost of the pallet unit. The pellets pass the test regarding the human standard. As I said before, it’s an important thing.
00:26:04:26 – 00:26:37:01
And nevertheless, we reduced the plastic waste per pallet by about 75%. Okay. So, this is the requested combination. Now we have the testing, the creation, and these results. Now I’m wondering because we always have to implement the processes. Yeah. So, how do you proceed after the testing and creation activities? How do you support the customer in the next steps?
00:26:37:04 – 00:27:08:05
Yes, that’s critical. Our service contains that. We go into implementation. We bring our results directly to the field, all this together with all stakeholders. During this, our certified load security trainers are sharing their know-how and training all the people additionally, and nevertheless, we agree to regularly follow up because I think it’s important that all the results remain constant in the future.
00:27:08:10 – 00:27:35:04
Okay. So, from what I learned here, it’s really kind of trying to deliver a one-stop shop for our customers and not only getting the load unit concept and new packaging solutions, but it’s really about the people, whether the certified log security trainers are going to the customers. They can also let people come here, join, and directly practice.
00:27:35:06 – 00:28:04:29
And with our digital formats, we deliver tailor-made knowledge to everyone. So now we end the afternoon. It could also be a coffee session, or we were already joking earlier. It could be a session that is, of course, alcohol-free because safety comes first. Now, regarding these stakeholders, and we know the production manager, they are always saying to me “It simply has to run”, Yeah, don’t bother me with any further questions.
00:28:05:02 – 00:28:49:04
And with the purchase managers, of course, it was price first—the best price yet. From what we learned, there are some changes. All of these responsible people have new challenges and tasks on their plates. So what are your overall impressions of earlier and now? Yes, I’m totally right. When I discuss stakeholders, and it’s not anymore the purchasing department, they have not only had the pricing on the table but all the issues regarding safety regulations and directives coming in, as well as the production manager not taking care only of the running production process.
00:28:49:07 – 00:29:11:06
So the majority are taking care of waste, recycling metals and so on. The same logistics. all the matters of logistics. Angel said before that there are more important EUMOS standards; other standards are coming in. So this is what we are seeing currently in the process. Yeah. Thank you very much. I’m yes, and we know there is no player.
00:29:11:07 – 00:29:43:10
Right. And many of you are in here today because. Yeah, key players are supporting that mission of becoming more sustainable and are really getting involved in the companies. Right. Who are we talking about here?So right now, what we see is a new player in the game, and these are the sustainability managers. They have many topics on the table regarding sustainable packaging solutions and all the know-how regarding this issue as well.
00:29:43:10 – 00:30:07:10
And we will bring our know-how to them in our webinars in the future. So that’s why I see sustainability managers playing an important role. Yeah, and what we know a lot about is that it’s always that very broad approach, and then they have to kind of deep dive into all these areas where you can improve, and I think it’s critical to support that.
00:30:07:10 – 00:30:38:11
And by exchanging and providing information, we can do that. So it’s about sustainability. But you all also know we are even going further on talking about the circular economy concept, trying to, yeah, make the 360 degrees, and yeah, this is what we are trying now to do. We would like to give you some insights on the closed loop initiative for stretch fins in packaging, and that’s what we are doing now.
00:30:38:11 – 00:31:08:25
Our next 180-degree turn is coming, and I’m heading over back to Andreas to close the loop. Yes, great. So our goal was to work on you because you are the CEO of the Stretch Group, and we had a lot of very interesting talks with many critical stakeholders throughout the industry. And so, as a sum up, as an outcome, what would you say?
00:31:08:25 – 00:31:37:20
What are the needs? What are the profits of sustainability? Sustainability is the topic as such. Thank you. Thank you, Andreas, and good afternoon, everybody. Yeah, so much for stakeholders. The best way is to report what I could hear about reality from the people I visited in my customer. You have to work on a major issue that has been addressed to us: the target setting.
00:31:37:20 – 00:32:08:08
So it’s not only about being sustainable as a whole. These may sound like a lot of greenwashing statements, but they are actually to set specific targets within a certain time frame that the corporation has to achieve. So this relies a lot on what we have heard until now, which is about not only safety and sustainability but also human responsibility.
00:32:08:11 – 00:32:54:09
It could be as a business leader, as a corporation, or as a manager of those companies. So the target setting is, of course, the activity and initiative to take. And secondly, there is a proper time frame. And thirdly, it is about the resources that we put behind us to achieve those targets. Let’s take a brief look at the data Now. With the support of our production, I would like to show you that more than 4000 companies over the past two or three years have committed to achieving sustainable targets over the next 3 to 5 years.
00:32:54:11 – 00:33:32:22
And this is not a green-washed target because many of them have gone through a third-party validation process, and some of those corporations are highly represented by managers in this webinar in more than 25% of those 4000 companies. So about 2000 thousand 1090 have actually had their targets validated by a third party. Yeah. So I’m not really sure if I could see the chart right now with the numbers.
00:33:32:24 – 00:34:08:26
No, no. Here it comes up. Yes. Yeah. So these are the 4000 companies that, up to 2023, have actually approved and committed to achieving sustainable targets in the next three to four years, and more than 25% of them. That is, 1097 have actually validated those targets. But third parties are then what is interesting when it comes to the ten years of those targets; of course, these are expressed in CO2 emissions.
00:34:08:29 – 00:34:54:28
So, is the percentage reduction of CO2 emissions based on the current starting point. And I like to quote maybe a couple of significant ones, and we have them here representing us today. So we can take, for example, Kimberly-Clark. Kimberly-Clark has announced and committed to reducing its scope-three emissions by 20% by 2030. And we have the likes of Coca-Cola, of course, where they went even further to 29%, ONTEX with 25, and Kühne & Nagel with 33.
00:34:55:05 – 00:35:24:20
So there’s quite a significant proportion of CO2 emissions as a target being declared. But for those companies, the key question is how to reach those targets. Right, Right. And so I said upfront that, from my point of view, the circular economy is somehow or can be a key driver for that. And so we already took initiative on that.
00:35:24:22 – 00:35:58:24
And I think the best way to explain is to show in a short video what our thoughts are about the circular economy and what our thoughts are about closing the loop. So Stefan, please watch the video mentioned every day to build a sustainable future. Now our clients can help us create more sustainable films and safer packaging with Close the Loop, the innovative solution we have designed throughout the entire lifecycle of our products, from cradle to Cradle.
00:35:58:26 – 00:36:27:13
Together, we can save tons of CO2 by ensuring multiple lives. Let’s sit together How it works. We provide our clients with the film they need to write, transform, and own their products. We also provide a contact that tightly presses together those who no longer need those consumption scripts, even the ones they didn’t source from us.
00:36:27:16 – 00:37:17:14
For example, the film wrapping income materials. Regularly, we collect the post-consumption stretch film. My clients have compacted, segregated, and transported it to our nearest authorized recycling center. Here we transform it into something brand new, which is then extruded. Our factory converted a new stretch film. It’s done. We have closed the loop for an efficient and convenient recycling process. If you wanted to add some words on the video grid, this is how we interpret our customers’ support for the circular economy.
00:37:17:14 – 00:37:46:09
And at the same time, we talked about data and metrics. So I think it makes sense to go even further in there and see how we can support our customers in reaching their targets and measuring the reduction of those gaps towards their targets. And as such, we have developed a particular calculator of the CO2 emissions that we can recover by doing business together.
00:37:46:11 – 00:38:18:26
That’s a very interesting point. Yeah. So, because everybody is talking about sustainability, the way to measure it is quite delicate. So maybe we could show the calculator and even do a life experiment there to put on some figures and see how it works. This is an obvious demonstration that there’s no one solution that fits all, but the solutions that we have to tailor for individual customers.
00:38:18:28 – 00:38:56:24
Right. And maybe it makes sense because we talked about regulation, and now the regulation is accelerating our path towards sustainability, as we saw in the UK example, even with the introduction of the plastic tax back in April 2022. Yeah, this is the outlook of the calculator. We can take an address and put, for example, Bristol, which is located in an area with a lot of industrial concentration in the UK.
00:38:56:26 – 00:39:28:28
And then the distance is critical because we also calculate the exact emissions of any transportation between Bristol, the location of this hypothetical customer, and, of course, these sites where we have operations in the UK. And let’s take your realistic example. This time we don’t make any names, but it’s a customer who has already switched thanks to the introduction of the plastic tax to manual nature.
00:39:28:28 – 00:40:09:07
Our current buyer buys 100 metric tons a year of our product, which is made of Manunature RR. This means that within the film there is a PCR content of at least 30%, which is avoiding tax in the UK. Right. But thank you. This is a critical piece of news that otherwise is difficult to understand because, when you’re in, let me add to that the amount of tax payable today on non-exempt products in the UK is about £210 per tonne.
00:40:09:09 – 00:40:47:25
And then, since we have been proposing over the past few months our closed-loop the circular economy model, this particular customer normally has the possibility to segregate and collect about 30 tons of waste film but is actually also implementing a very premium selection process inside their operations. So to allow that, we receive back films without any label and without any other contamination.
00:40:47:28 – 00:41:18:00
This is the premium quality. We put in 30%. This is what the customers are returning. We, of course, have foreseen that not all customers will be able to return premium quality, but maybe some or average or standard. In the case of premium, we pay up to 30% of the purchase price in terms of a contribution for the collected waste. And here is the output of our calculator.
00:41:18:00 – 00:41:44:22
As you can see, it works on those different layers. We have three layers. We have the economics, which are still at the product level. We have the CO2 emissions, as we indicated, because of the gap and the target of reductions. And then we have the translation of that into the environmental impact. When we look at economics, there are three components that play in favor of the customer in this case.
00:41:44:22 – 00:42:16:08
One is the net price, or net of the value that we assign, which is premium waste to the £30 being collected. There’s also a carbon tax saved, and this is based on a particular German regulation that is also applicable in the UK for companies. This is about €85 per ton of tax on emissions. The customer doesn’t see this because it goes back to the film producers, tourism producers and all.
00:42:16:08 – 00:42:54:27
To me, as I mentioned, the £210 of plastic parts per tonne. So this is what is being saved by purchasing modern foods with 30% PCR content. Now what is interesting is what we see on the second line: what is the impact in terms of CO2 reductions? And you see how, just with 30 tons out of 100 being collected back, we can already achieve more than a 20–25% reduction in CO2 emissions here.
00:42:54:27 – 00:43:22:16
We also measure what is the base case, meaning, you know, without having a closed loop transaction, despite Manunature and what it means in terms of closing the loop, even if those are just 30 tons out of the 100 people. So here, there are £80 of CO2 emissions being saved on an annual basis, and that basically means translating back into time.
00:43:22:16 – 00:44:00:22
So avoid wasting it to reduce the impact that we have on the environment. We thought of putting together a comprehensive measurement tool for procurement people, finance people and sustainability people, like many of you present in this call, in a one tool-fits-all solution. Thank you very much, Pierfranco. That’s a very impressive and rich in content, and at this stage, we are also aware of the fact that we are a little bit delayed on the timing.
00:44:00:25 – 00:44:29:06
And so we will do another webinar on this topic to go much more in depth and have more time to explain that. But thank you very much for these inspiring figures, and the work is all behind the scenes. Yeah, so the first hour of our meeting is over for all of us at the digital opening. Thank you all again for your patience, and we apologize very much for all the technical problems we are facing.
00:44:29:08 – 00:44:56:29
Take yourself some chocolate. You don’t have to apologize. I know that you have been sweating here. You and Stephane. Yeah. From the production. But I can just assure you that you did a great and fantastic job, and it’s just totally normal. We have that every day in production. We have that in life. Not everything is running perfectly smooth, but I can just assure you that all of our more than 100 participants are still in.
00:44:56:29 – 00:45:16:27
You see all the heights and all the clapping. And so it’s about trust and power and about doing it, so we do not have a finalized closed loop concept, but we are working on it, and we want to talk and discuss what the people want. So it’s about staying and being motivated, and we are not saying goodbye.
00:45:16:27 – 00:45:41:23
We are saying, “See you soon”. And of course, we are glad to receive your feedback and your comments, but it’s not that horrible if the movie screen is black for two or three seconds or for a whole session. The main part is that we are all interested, and those who are responsible for load security should get in touch so that we can interact.
00:45:41:23 – 00:46:03:17
And we have so many competitors here today, too. So, of course, they can say, “What was this?” Yeah, come and join us. Let’s discuss, and let’s see how we create safe and sustainable solutions. And thanks to everyone for joining us. So we are waiting for you. We are not saying goodbye, but we will see you soon. Soon. Okay. Bye bye.
00:46:03:24 – 00:46:16:16
Thank you.
