Kodak — Sustainability report 2021

Committed to a sustainable future of the company, its customers and the planet

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Kodak
Kodak sustainability report 2021 titled 'One World One Kodak'. Photo Kodak

Kodak is fully committed to the company’s sustainable future, its customers, and the planet. This is underlined by Kodak’s 2021 Sustainability Report, which sums up the company’s achievements and goals in driving environmental and social sustainability. Reflecting Kodak’s global business activities from 2018 to 2021, the report, titled ‘One World, One Kodak’, provides a view of sustainability efforts throughout the company and around the globe.

The 36-page report outlines Kodak’s programs, explicitly reducing waste and creating energy efficiencies, reducing emissions, conserving water and improving employee and community engagement. The report also details how Kodak responded to the enormous challenges of the global Covid-19 pandemic and leveraged its resources and technology in new ways to support the global fight against the virus.

In addition to Kodak’s latest sustainability achievements, the report reveals the company’s sustainability goals through 2025. The publication highlights how innovative Kodak products are helping customers in the global printing industry become more sustainable by reducing energy, water and chemical consumption and eliminating waste.

“The events of the past few years have served to reinforce how interconnected we are. What happens on one side of the planet impacts the other,” said Jim Continenza, Kodak’s executive chairman and chief executive officer. “As One Kodak, our people across the globe have a shared responsibility to deliver sustainable growth for our stakeholders and help create a sustainable future for our world.”

2023 promises an interesting ride for print in India

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. While the print and packaging industries have been resilient in the past 33 months since the pandemic lockdown of 25 March 2020, the commercial printing and newspaper industries have yet to recover their pre-Covid trajectory.

The fragmented commercial printing industry faces substantial challenges as does the newspaper industry. While digital short-run printing and the signage industry seem to be recovering a bit faster, ultimately their growth will also be moderated by the progress of the overall economy. On the other hand book printing exports are doing well but they too face several supply-chain and logistics challenges.

The price of publication papers including newsprint has been high in the past year while availability is diminished by several mills shutting down their publication paper and newsprint machines in the past four years. Indian paper mills are also exporting many types of paper and have raised prices for Indian printers. To some extent, this has helped in the recovery of the digital printing industry with its on-demand short-run and low-wastage paradigm.

Ultimately digital print and other digital channels will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future. For instance, there is no alternative to a rise in textbook consumption but this segment will only reach normality in the next financial year beginning on 1 April 2023.

Thus while the new normal is a moving target and many commercial printers look to diversification, we believe that our target audiences may shift and change. Like them, we will also have to adapt with agility to keep up with their business and technical information needs.

Our 2023 media kit is ready, and it is the right time to take stock and reconnect with your potential markets and customers. Print is the glue for the growth of liberal education, new industry, and an emerging economy. We seek your participation in what promises to be an interesting ride.

– Naresh Khanna

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