Amcor Sets Ambitious Carbon Reduction Goals for Future
Amcor's Long-Term Sustainability Commitment
Amcor, a recognized leader in responsible packaging solutions, has recently attained an important milestone in sustainability with the approval of its long-term carbon reduction targets by the Science Based Targets initiative (SBTi).
Net-Zero by 2050: A Bold Commitment
On the path to sustainability, Amcor aims to reach net-zero greenhouse gas emissions by 2050. This ambitious goal requires substantial reductions in scope 1, 2, and 3 emissions, covering a range of factors such as purchased goods and services, energy-related activities, upstream transportation, and waste management, all based on fiscal year 2022 as the starting point.
Near-Term Emission Reduction Targets
In addition to its long-term objectives, Amcor has set impressive near-term targets that align with a 1.5-degree Celsius trajectory. These targets strive for a 54.6% reduction in absolute Scope 1 and 2 emissions and a 32.5% reduction in Scope 3 emissions by 2033.
Sustainability at the Heart of Operations
Amcor's commitment to sustainability is deeply ingrained in its operations. David Clark, the Chief Sustainability Officer, expressed pride in the validation of these long-term goals, emphasizing their importance within the broader sustainability strategy. This strategy reflects the company's dedication to delivering packaging that not only protects products but also reduces environmental impact, thereby aiding customers in their decarbonization efforts.
Comprehensive Overview of Amcor's Goals
For insights into Amcor's approach to climate action and its roadmap to achieving net-zero emissions, stakeholders can find detailed information through various resources. While specific links have been excluded, ample information is available within the industry regarding Amcor's plans and initiatives.
Innovative Packaging Solutions
As a global leader in packaging solutions, Amcor focuses on developing products across a wide range of sectors, including food and beverage, pharmaceuticals, and personal care. The company collaborates with renowned brands to enhance product protection, improve supply chains, and promote sustainability. This includes advancing packaging toward greater recyclability, less material usage, and incorporating recycled content.
About Amcor
Amcor stands out in the packaging industry for its commitment to responsible solutions. With a workforce of approximately 41,000 employees generating $13.6 billion in annual sales, Amcor operates in 212 locations across 40 countries. The company continues to lead in innovative packaging practices.
Frequently Asked Questions
What are Amcor's net-zero targets?
Amcor aims to achieve net-zero greenhouse gas emissions across its value chain by 2050, with significant reductions in multiple emission scopes.
How does Amcor plan to reduce emissions?
The company has set measurable near-term targets, aiming for a 54.6% reduction in Scope 1 and 2 emissions and a 32.5% reduction in Scope 3 emissions by fiscal year 2033.
What is the role of the Science Based Targets initiative?
The SBTi provides benchmarks and guidelines for companies like Amcor to set scientifically valid emission reduction targets.
What industries does Amcor serve?
Amcor offers packaging solutions for various sectors, including food, beverage, pharmaceuticals, and personal care.
How does packaging relate to sustainability goals?
Amcor's packaging innovations aim to minimize environmental impacts by increasing recyclability, reuse, and using recycled materials.
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