As we approach the conclusion of 2023, I am pleased to extend my sincere appreciation to our valued partners and the community for your steadfast support of Container Deposit Systems (CDS) throughout this transformative year.
Strategic Growth and Market Expansion CDS experienced strategic growth in 2023, marked by the expansion of our team and the establishment of a significant presence in the Victorian market. This growth not only fortifies our organizational capabilities but also extends the reach of our commitment to fostering a culture of recycling on a national scale.
Technological Advancements and Regional Development Aligning with the dynamic landscape of Queensland’s evolving scheme, our technology underwent significant advancements. Simultaneously, the inauguration of a state-of-the-art warehouse in South Australia and the closure of agreements for new sites in Queensland and Western Australia, exemplify our dedication to operational excellence and the regional advancement of sustainable recycling practices.
Research and Development Excellence Our Research and Development initiatives reached new heights, propelling us towards cutting-edge technology upgrades. These initiatives not only drive efficiency but also position CDS as an industry leader in accuracy and environmental impact.
ISO Certification Renewal I am pleased to share that we have successfully renewed our ISO 9001 and 45001 certifications. This accomplishment underscores our unwavering commitment to maintaining the highest standards of environmental sustainability and corporate responsibility.
Regional Impact and Nationwide Milestone The closing of agreements with new sites across Queensland and Western Australia speaks to our commitment to bringing sustainable recycling practices to regional communities. Furthermore, our technology has achieved a significant milestone by processing over 1 billion containers nationwide, a testament to the tangible impact of our efforts in reducing waste on a grand scale.
Looking Ahead to 2024 As we express our gratitude for your continued partnership, we eagerly anticipate the opportunities that 2024 holds. Together, let us persist in our collective commitment to a greener and more sustainable future.
Wishing you a Joyous Holiday Season and a Prosperous New Year!