Members of the Australian Packaging Covenant (APC) have voted in favour of “an improved governance structure”.
In a meeting last week, which included members of the National Packaging Covenant Industry Association Incorporated (NPCIA), it was decided that the NPCIA – which manages and administers the Covenant – is converting to a public company limited by guarantee and regulated by the Australian Securities Investment Commission.
The new company will be called the Australian Packaging Covenant Organisation Limited, and has an enhanced constitution and board structure.
NPCIA CEO Trish Hyde welcomed the conversion as an important step towards “stronger governance and more accountability”.
“This is a time of transformation for the Covenant, and it's vital we listen to our members to build a stronger and more relevant Covenant fit for the future,” she said.
In other news, the APC will be holding its 2016 awards event on 24 August in Sydney.
This year, the awards have been expanded to include a networking lunch and panel conversations with high-performing signatories, followed by a sit-down dinner and awards presentation from 6pm.
Categories will include Outstanding Achievement in Design; Outstanding Achievement in Recycling; and Outstanding Achievement in Packaging Stewardship.
