BUSINESS / NEWS 12 email: news@printmonthly.co.uk March / April 2023 - Issue 341 Manufacturer and supplier of stamping foils, Foilco, has revealed it has been certified as a B Corporation following an intense certification process. There are over 5,000 Certified B Corporations in over 70 countries and over 150 industries with the certification showing that these organisations are striving for both profit and purpose, and are seeking to promote positive change within their industries. For Foilco, the certification demonstrates its commitment to establishing end-to-end environmental credentials of foil as a decorative finish. However, Paul Hornby, managing director of Foilco explains that the company’s mission doesn’t end solely with its products, but extends to the entire fabric of the organisation. “There’s far too much greenwashing by companies at present and so we wanted to validate our environment claims through this B Corp certification,” Hornby says, adding: “It’s a badge of honour for both Foilco and the foil stamping industry, demonstrating that foil has a bright future in helping make the packaging industry a leader in sustainable innovation and design.” Foilco was put through an intense certification process led by certifying organisation B Lab in order to demonstrate that it meets the social and environmental standards required. The company’s ISO 14001 certification and the fact that it was the first foil company in the world to join the Zero Foil 2 Landfill Scheme stood it in good stead. Foilco also demonstrated its social credentials such as having a Staff Wellbeing Committee which organises wellbeing events and charitable activities, and by being a Living Wage accredited employer. Foilco gains B Corp certification Foilco was able to demonstrate its environmental and social credentials to gain B Corporation certification after a tricky certification process Independent finance specialist Compass Business Finance has joined the UK fraud prevention service, Cifas, in order to negate the growing threat of sophisticated fraud and financial crime. A not-for-profit organisation, Cifas manages the largest database of fraud risk in the country known as the National Fraud Database (NFD), or the ‘Cifas database’. Mark Nelson, director of Compass, comments: “Fraud is becoming increasingly prevalent, and we believe, as does Cifas, that effective communication and collaboration is the way to push back against the perpetrators of this type of crime.” Compass will be providing data to Cifas for the NFD, as well as utilising the database to run checks on individuals seeking funding. Compass joins Cifas to fight fraud Following a company expansion in 2022, AM Labels has opened its new Technical Experience Centre in Kettering, Northamptonshire. The label company specialises in manufacturing and warehouse automation, barcoding, and RFID (Radio Frequency Identification) systems. Over the past year, AM Labels has developed and expanded its portfolio, including building its new Experience Centre. The Centre acts as an accessible location for all businesses across the UK to experience demonstrations, speak to experts, and research the new software and support services available. Featured inside is new technology such as the latest printing, scanning, and RFID equipment, as well as innovative robotics and automation. The opening event was sponsored by AM Labels’ robotics supplier, Epson. AM Labels recently celebrated the opening of its Technical Experience Centre with a threeday event Compass works with a variety of companies in the print, packaging, and engineering sectors AM Labels opens Centre Codex Capital Partners has signed a binding agreement to invest in CarbonQuota which includes a minority holding in the company and appointment to join the Board of Directors. As a result, the Board is made up of Guy Stafford, who invested in the business in April 2022 following the sale of Proxima Group to Bain & Company who remains as Chairman; and founders Dominic Harris and Nathan Tiller, who hold onto a majority stake. CarbonQuota itself works with businesses across the Fast Moving Consumer Goods, media, and logistics sectors to help automate carbon emission measurement. The investment will enable the company to invest further in technology, people, and client relationships. CarbonQuota secures investment Dominic Harris, co-founder of CarbonQuota says some carbon models are no longer fit for purpose EBB chosen to stock new Sappi range in the UK Raw offers the same look and feel as uncoated paper with the performance of coated paper 100-year-old, family-run paper stockist and distributor, Elliott Baxter & Company (EBB) has been named as the exclusive stockist for Sappi’s new Raw graphic paper in the UK. Raw combines the high quality, super bright properties of coated paper with the touch, feel, and high whiteness/high bulk appearance of uncoated paper. Produced for premium end use in sectors such as travel, automotive, lifestyle, food, fashion, and interior design/architecture, Raw is available in text and cover weights of 115gsm to 300gsm in B1 and SRA1 sizes. “Our new Raw paper is the latest example of Sappi’s continuing commitment to market-shaping investment in print and the future of the print industry,” Jonathan Hunt, managing director of Sappi UK says. PrintMonthly printmonthly PrintMonthlyMagazine By Carys Evans
RkJQdWJsaXNoZXIy MjM0NDIxOA==