Through our Digitalization and Industry 4.0 initiatives, we are focusing on reducing our carbon footprint, printing and packaging waste, water, inks and their overall effect on the environment. Having this beneficial impact on the planet results in a positive financial impact. Lessening the amount of material, used in printing and packaging significantly reduces our overall spending on those materials. Less packaging is done through an optimized supply chain by sourcing from recycled or reusable materials. It’s important for us to fully cost a business’s environmental impact by capturing all externalities in the form of wastewater, carbon dioxide and waste in general. The full cost is used to benchmark progress in reducing the externalities and to report on them in a meaningful way.