From everyone at Down2Earth Materials we would like to say a BIG CONGRATULATIONS to our manufacturing partners in sustainable packaging, VEGWARE, who recently made this year’s Fast 50 list, ranked third-fastest growing Scottish technology company and 29th in this year’s UK Fast 50 listing.
VEGWARE have impressively recorded growth of 901 per cent in the period 2007 to 2012. Through hard work and sheer determination they have evolved from a staff of just two in 2009 to 34, and are on target to achieve 60 per cent growth this year.
Our partners were also recently selected as a National Champion representing the UK for the prestigious European Business Awards 2013/14 – the 11th award the company has picked up so far this year.
The company was founded on some admirable principles:
2. A mutual growth policy means that as the market expands and their volume increases, they will share the benefits of increased economy of scale with their clients.
3. Vegware is a socially responsible organisation, delivering products that minimise damage to the environment, and support and invest in the community via their Vegware Community Fund.
4. Investing in research and development, and working closely with their clients to develop new and innovative products.
5. Support and enhance their clients’ corporate social responsibility activities, by providing monthly statements which detail the amount of carbon saved, virgin material saved, and potential landfill diversion.
6. Help their clients to set up food and packaging waste collections, so that these materials are diverted from landfill and recycled into valuable commodities: nutrient-rich compost or topsoil and biogas.
Speaking about VEGWARE’s continual growth, Joe Frankel, founder and managing director said:
Vegware is not niche. 901 per cent growth in five years proves that our eco food packaging is a practical solution for sustainability in mainstream business. Also that green business can drive economic growth.
From everyone at Down2Earth Materials we offer warm congratulations to Vegware for their continued success. We feel their growth is testament to the sheer dedication and commitment the team has for opening the eyes of the world to the huge benefits that compostable packaging offers both business and consumers.
Keep up the fantastic work guys.
The Down2Earth Team.