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SML Group’s 2024 ESG Report Showcases Net-Zero Ambitions, RFID Innovation

SML Group's 2024 ESG Report emphasizes sustainability achievements, production growth, and innovations, with a goal of net-zero emissions by 2050.

SML Group, a global leader in RFID, brand identification, and eco-labeling solutions, released its 2024 ESG Report, highlighting significant strides in sustainability and operational growth. The company achieved SBTi-approved, science-based targets aligned with the UN Global Compact, aiming for net-zero emissions by 2050. In 2024, SML expanded to over 25 production sites across 20+ countries, reported robust revenue growth, and won the “In-Store Technology of the Year” at the 2024 Retail Systems Awards for its RFID innovation. Key ESG milestones include diverting 92.7% of waste from landfills, incorporating sustainable elements in 57.7% of products, and maintaining a strong safety record (TRIR 0.30). SML’s EcoInspireTM range and Digital Product Passports support transparency and regulatory compliance. Looking to 2025, SML aims to increase sustainable products to 90% and reduce emissions by 42%. The full report is available at sml.com.

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