01:40:04 EDT Tue 01 Jul 2025
Enter Symbol
or Name
USA
CA



Amazon.com CDR (CAD Hedged)
Symbol AMZN
Shares Issued 32,800,000
Close 2025-05-16 C$ 24.25
Market Cap C$ 795,400,000
Recent Sedar Documents

Globe says Amazon told eco-packaging remains an issue

2025-05-20 09:05 ET - In the News

Also In the News (C-NEST) Nestle CDR (CAD Hedged)

The Globe and Mail reports in its Tuesday edition that businesses are grappling with optimal ways to address environmental, social and governance (ESG) initiatives. In a Globe special, Andrew Seale writes that in a recent KPMG survey of 350 Canadian business leaders, 75 per cent said they worry that publicly talking about climate poses a reputational risk to their organizations. The changing sentiment surrounding sustainability is trickling down to suppliers in industries that support ESG goals. Nakul Mehra at Canada Brown Eco Products, a Mississauga-based packaging company that supplies items such as food trays, straws, reusable bags and paper cups for such companies as Nestle, Amazon and Skip the Dishes, says the vast majority of clients never leaned completely into sustainable packaging. "I would say there's only a handful or less of companies that are 100-per-cent eco-friendly in packaging," Mr. Mehra says. "Now, with the shift toward cheaper pricing, being more competitive and protecting the bottom line, eco-friendly or environmental consciousness is not at the top of the list for many purchasing officers." However, the brands that are willing to pay the premium see it as a value-add, Mr. Mehra says.

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