At O-I, we love glass – and we are not alone. The United Nations has declared 2022 to be the International Year of Glass. And it is easy to see why. Glass is a key ingredient for modern life. Glass has transformed and elevated cityscapes, architecture, vehicle design, art, and the gigabit speeds at which we live our digital lives. Glass has also transformed our relationship with food and beverages, not only by providing shelf-stable packaging but also enabling brand-defining and beautifully distinctive designs. The contributions of glass go beyond its beauty, utility, and transformative power. Glass is made from a few basic ingredients and has localized supply chains. It is already widely recycled and has been for decades. Glass is an infinitely recyclable material, inert, and does not raise ocean pollution, waste, and food contact issues of other materials. In contrast, others depend on far-flung global supply chains, present waste problems if not recycled, or need future invention to be widely recycled or recyclable at all. Glass has none of these challenges – today or tomorrow. Glass is being recognized by the U.N. because the sum-total of its benefits advance the U.N. Sustainable Development Goals and are a necessary part of building a just, equitable, and sustainable global community. Whether glass is used for fiber optic cables, architecture, insulation, vaccine vials, or food and beverage containers, we agree wholeheartedly with the U.N. that we need more, not less, glass to ensure that we achieve the sustainable future to which we all aspire. At O-I, we believe glass is the perfect material for sustainably protecting and showcasing the food and beverage products that are part of our daily lives. We also understand that the sustainability of any product depends on the sustainability of the processes and relationships the organization uses to produce it. True sustainability is not binary, a single-variable evaluation, or an end point. It is about a continuous quest to find and maintain the delicate balance that must exist among an organization and its products and the competing needs and outputs of other people, organizations, and the planet. Our commitment to transform how we manufacture glass is an essential component in our quest to achieve this big-picture balance that is sustainability. For more than 100 years, O-I has innovated and transformed how glass packaging is made and sold – starting with Michael Owens’s invention of the machine that enabled mass production of glass containers. Innovation is in our DNA and we continue to reimagine how we will sustainably evolve every aspect of our business, from our glass-making technology and processes to our customer approach and how we support our people and communities. Reducing, reusing, and recycling are necessary to a sustainable future but alone are not sufficient to get the job done. True sustainability depends on continuously transforming everything from the fuels, processes, and technologies we use to the relationships we have with our suppliers, customers, communities, and our nearly 25,000 employees. Our holistic, systems-based approach to addressing sustainability has resulted in progress for our operations: increasing energy efficiency, upgrading our furnaces with gas-oxygen technology, advancing lightweighting of our products, creating more resilient supply chains, and partnering with our stakeholders. The progress shared in this report is a result of continuous engagement with our customers, suppliers, employees, and communities to align our sustainable focus with the evolving needs of an ever-changing ecosystem. This work, and more, is moving us and our communities toward a truly circular economy for packaging that leverages the infinite recyclability of glass.