NASDAQ-Listed SMX (Security Matters) Technology is the Right Answer to Sustainable and Linear Manufacturing Challenges

SMX (Security Matters)
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MIAMI, FL / ACCESSWIRE / September 25, 2024 / It's becoming much more challenging to argue against the case of global climate change. In fact, in many ways, those who were accused of being alarmists less than a decade ago are now revered as timely forecasters of an escalating climate crisis that needs tending sooner rather than later. And not just from the global civilian population; businesses worldwide must also do so.

That puts SMX (Security Matters) (NASDAQ:SMX) is an excellent spot-for the right reasons. NASDAQ-Listed SMX (Security Matters) (NASDAQ:SMX) offers a quantifiable cutting-edge solution that is altering the future of sustainable manufacturing and packaging for the better. And for the world and its investors, it could be one of those generational win-win propositions.

Why? Because SMX technology can facilitate overcoming significant industrial supply chain challenges by enabling sustainable manufacturing and packaging. As importantly, it provides the right response to a movement that began gaining traction six to seven years ago in response to increasing public awareness of global plastic pollution and the urgent need to combat climate change.

A Movement Demanding Change

The movement was marked early on by the development of bio-based plastics and Life Cycle Assessments (LCAs) of packaging to increase recycling. However, the global financial crisis of 2007-2009 dealt a severe blow to these initiatives, as cost-cutting measures led to the increased use of multi-layer rigid plastics and high-barrier thin films-materials that, while economically advantageous, are notoriously difficult to recycle.

While progress slowed at that time, the initiative wasn't stopped. From 2018 to 2020, the industry witnessed unprecedented commitments to reduce or eliminate plastic usage, increase recycling rates, and curb reliance on single-use packaging. Many of these commitments were set with a 2025 target date. However, as John Blake and his team at Gartner predicted, despite the great intentions, the global reliance on plastics and the lack of sufficient recycling and reuse infrastructure would make it nearly impossible for most organizations to meet these ambitious goals.

Meeting Ambition With Real Progress

Thus, as the year approaches 2025, many organizations and manufacturers must reassess their commitment to sustainable packaging. The original goals-such as making 100% of packaging reusable, recyclable, or plastic-free-were often adopted without thorough vetting by R&D, supply chain, quality, procurement, and manufacturing teams. While popular with consumers and beneficial to brand perception, these pledges are proving technically and economically unfeasible in the short term.

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