The upcoming implementation of Extended Producer Responsibility (EPR) in October 2025 has raised concerns about organisations’ understanding of their obligations. In this article, Oliver Bridge and Daniel Rice provide clarity on who is affected, the implications for finance teams, common errors to avoid, and steps CFOs can take to prepare for the new regulations.
The EPR policy is designed to shift the cost of packaging waste and recycling from local authorities to producers, encouraging the use of environmentally-friendly packaging and reducing overall business waste. CFOs are urged to act now to ensure compliance and avoid unnecessary fees. The article outlines specific requirements for affected businesses, the need for detailed packaging data collection and reporting, and common misconceptions about EPR. To prepare for the new rules, CFOs are advised to conduct a supply chain audit and review data collection systems.
Author: Grant Thornton
Date: 21 January 2025
Mid-market businesses' profit-growth expectations slid dramatically in 2024, according to our December Business Outlook Tracker.Author: Grant Thornton
Date: 1 November 2024
In today's rapidly changing business environment, our latest CFO Pulse Survey finds CFOs are facing unprecedented challenges and opportunities.Author: Grant Thornton
Date: 11 July 2024
We surveyed nearly 50 UK-based lenders to understand their attitude and strategy towards ESG and sustainable finance for the mid-market, and what this