Sustainable Supply Chain Services

Goldman Sachs Asset & Wealth Management has invested

Goodpack is a global provider of metal container solutions (in the form of intermediate bulk containers or “IBCs”) primarily used for the transport and storage of various products across multiple industries, including rubber, food products, automotive and others. The company provides resilient, cost-efficient and sustainable supply chain services through its fleet of reusable containers and a global network of strategically located depots. Headquartered in Singapore, the company owns a fleet of over four million IBCs and benefits from an extensive global network spanning more than 70 countries with ~5,000 delivery and collection points. Goodpack is committed to the safe and secure transportation of raw materials and products essential to today’s commerce and economic development. From an ESG perspective, the business is well-placed as a provider of returnable, reusable and long-life packaging. Goodpack’s rugged, robust and reusable containers represent efficient, safe and environmentally sustainable packaging solutions that are delivered locally and collected globally. The issue with traditional packaging materials (e.g., wooden or plastic pallets, cardboard or wooden crates, metal drums) is that they are mostly one-way and single-use, discarded after one or a few journeys. Moreover, these traditional packaging materials offer limited payload protection during shipment, which may result in additional wastage through unnecessary product replacement. Through using Goodpack’s solutions, clients — including international blue-chip companies — are able to support the decarbonization of their supply chain and reduce their carbon footprint, through transport shipping and storage efficiencies, creating circular supply chains that operate more sustainably than traditional alternatives.