Amcor's long-term SBTi targets confirmed
Amcor (NYSE: AMCR, ASX: AMC), a global leader in responsible packaging solutions, has announced that its long-term carbon reduction targets have been approved by the Science Based Targets initiative (SBTi). The company aims to achieve net-zero greenhouse gas emissions across its value chain by 2050. This goal includes significant absolute reductions in scope 1, 2, and 3 emissions, using fiscal year 2022 as a base year.
The approval complements Amcor's near-term emission reduction targets, confirmed in early 2024, which align with a 1.5-degree Celsius trajectory. These near-term targets aim for a 54.6% reduction in absolute Scope 1 and 2 emissions and a 32.5% reduction in Scope 3 emissions by fiscal year 2033.
Amcor's Chief Sustainability Officer, David Clark, emphasized that these targets are integral to the company's sustainability strategy and reflect their commitment to delivering packaging that minimizes environmental impact while supporting customers' decarbonization ambitions.
Amcor (NYSE: AMCR, ASX: AMC), un leader globale nelle soluzioni di imballaggio responsabile, ha annunciato che i suoi obiettivi a lungo termine per la riduzione del carbonio sono stati approvati dall'iniziativa Science Based Targets (SBTi). L'azienda mira a raggiungere emissioni nette di gas serra pari a zero lungo tutta la sua catena del valore entro il 2050. Questo obiettivo include significative riduzioni assolute delle emissioni di ambito 1, 2 e 3, utilizzando l'anno fiscale 2022 come anno di riferimento.
Questa approvazione integra gli obiettivi di riduzione delle emissioni a breve termine di Amcor, confermati all'inizio del 2024, che si allineano a un tragitto di 1,5 gradi Celsius. Questi obiettivi a breve termine prevedono una riduzione del 54,6% delle emissioni assolute di ambito 1 e 2 e una riduzione del 32,5% delle emissioni di ambito 3 entro l'anno fiscale 2033.
Il Chief Sustainability Officer di Amcor, David Clark, ha sottolineato che questi obiettivi sono parte integrante della strategia di sostenibilità dell'azienda e riflettono il loro impegno a fornire imballaggi che minimizzino l'impatto ambientale, supportando al contempo le ambizioni di decarbonizzazione dei clienti.
Amcor (NYSE: AMCR, ASX: AMC), un líder global en soluciones de empaques responsables, ha anunciado que sus objetivos a largo plazo de reducción de carbono han sido aprobados por la iniciativa Science Based Targets (SBTi). La compañía tiene como objetivo alcanzar emisiones netas de gases de efecto invernadero cero en toda su cadena de valor para 2050. Esta meta incluye reducciones absolutas significativas en las emisiones de ámbito 1, 2 y 3, utilizando el año fiscal 2022 como año base.
La aprobación complementa los objetivos de reducción de emisiones a corto plazo de Amcor, confirmados a principios de 2024, que se alinean con una trayectoria de 1.5 grados Celsius. Estos objetivos a corto plazo buscan una reducción del 54,6% en las emisiones absolutas de los ámbitos 1 y 2 y una reducción del 32,5% en las emisiones de ámbito 3 para el año fiscal 2033.
El Director de Sostenibilidad de Amcor, David Clark, enfatizó que estos objetivos son parte integral de la estrategia de sostenibilidad de la empresa y reflejan su compromiso de ofrecer empaques que minimicen el impacto ambiental mientras apoyan las ambiciones de descarbonización de los clientes.
암코르(뉴욕증권거래소: AMCR, 호주증권거래소: AMC)는 책임 있는 포장 솔루션의 글로벌 리더로서, 장기 탄소 감축 목표가 과학 기반 목표 이니셔티브(SBTi)로부터 승인되었음을 발표했습니다. 이 회사는 2050년까지 온실가스 배출량 제로를 달성하는 것을 목표로 하고 있습니다. 이 목표는 2022 회계연도를 기준으로 하여 범위 1, 2, 3의 절대적인 감축을 포함합니다.
이 승인은 2024년 초에 확인된 암코르의 단기 배출 감축 목표를 보완하며, 이는 1.5도 섭씨 경로와 일치합니다. 이러한 단기 목표는 2033 회계연도까지 범위 1 및 2의 절대 배출량을 54.6% 줄이고, 범위 3의 배출량을 32.5% 줄이는 것을 목표로 합니다.
암코르의 지속 가능성 책임자인 데이비드 클락은 이러한 목표가 회사의 지속 가능성 전략의 핵심이며, 환경 영향을 최소화하면서 고객의 탈탄소화 목표를 지원하는 포장을 제공하겠다는 의지를 반영한다고 강조했습니다.
Amcor (NYSE: AMCR, ASX: AMC), un leader mondial des solutions d'emballage responsables, a annoncé que ses objectifs de réduction du carbone à long terme ont été approuvés par l'initiative Science Based Targets (SBTi). L'entreprise vise à atteindre des émissions nettes de gaz à effet de serre nulles dans toute sa chaîne de valeur d'ici 2050. Cet objectif inclut des réductions absolues significatives des émissions de portée 1, 2 et 3, en utilisant l'année fiscale 2022 comme année de base.
Cette approbation complète les objectifs de réduction des émissions à court terme d'Amcor, confirmés début 2024, qui s'alignent sur un trajet de 1,5 degré Celsius. Ces objectifs à court terme visent une réduction de 54,6 % des émissions absolues des portées 1 et 2 et une réduction de 32,5 % des émissions de portée 3 d'ici l'année fiscale 2033.
Le directeur de la durabilité d'Amcor, David Clark, a souligné que ces objectifs sont intégrés dans la stratégie de durabilité de l'entreprise et reflètent leur engagement à fournir des emballages qui minimisent l'impact environnemental tout en soutenant les ambitions de décarbonisation de leurs clients.
Amcor (NYSE: AMCR, ASX: AMC), ein globaler Marktführer für verantwortungsvolle Verpackungslösungen, hat angekündigt, dass seine langfristigen CO2-Reduktionsziele von der Science Based Targets Initiative (SBTi) genehmigt wurden. Das Unternehmen strebt an, bis 2050 netto null Treibhausgasemissionen über seine gesamte Wertschöpfungskette zu erreichen. Dieses Ziel umfasst erhebliche absolute Reduktionen der Emissionen der Bereiche 1, 2 und 3, wobei das Geschäftsjahr 2022 als Basisjahr dient.
Die Genehmigung ergänzt die kurzfristigen Emissionsreduktionsziele von Amcor, die Anfang 2024 bestätigt wurden und mit einem 1,5-Grad-Celsius-Pfad übereinstimmen. Diese kurzfristigen Ziele streben eine Reduzierung der absoluten Emissionen der Bereiche 1 und 2 um 54,6 % sowie eine Reduzierung der Emissionen der Kategorie 3 um 32,5 % bis zum Geschäftsjahr 2033 an.
Der Chief Sustainability Officer von Amcor, David Clark, betonte, dass diese Ziele integraler Bestandteil der Nachhaltigkeitsstrategie des Unternehmens sind und ihr Engagement widerspiegeln, Verpackungen anzubieten, die die Umweltbelastung minimieren und gleichzeitig die Dekarbonisierungsziele der Kunden unterstützen.
- Long-term carbon reduction targets approved by Science Based Targets initiative (SBTi)
- Commitment to achieve net-zero greenhouse gas emissions across value chain by 2050
- Near-term emission reduction targets align with 1.5-degree Celsius trajectory
- 54.6% reduction target for Scope 1 and 2 emissions by fiscal year 2033
- 32.5% reduction target for Scope 3 emissions by fiscal year 2033
- None.
Insights
Amcor's commitment to SBTi-approved long-term carbon reduction targets is a significant step in the packaging industry's sustainability efforts. The 2050 net-zero goal across the entire value chain demonstrates a comprehensive approach to emissions reduction. This includes addressing Scope 1, 2 and 3 emissions, which covers direct operations, purchased energy and indirect emissions throughout the supply chain.
The alignment with a 1.5-degree Celsius trajectory for near-term targets (
However, investors should note that achieving these targets may require significant investments in new technologies and processes, which could impact short-term profitability. The long-term benefits, including improved operational efficiency and market positioning, may outweigh these costs, but careful monitoring of Amcor's progress and financial performance will be crucial.
Amcor's SBTi-approved targets are part of a broader trend in corporate climate action, reflecting increasing regulatory and consumer pressure for sustainable business practices. The company's commitment aligns with global efforts like the Paris Agreement and positions Amcor favorably in a regulatory landscape that's likely to become more stringent.
Investors should consider the potential for carbon pricing mechanisms and stricter environmental regulations in key markets. Amcor's proactive approach may mitigate future compliance costs and reputational risks. However, the ambitious nature of these targets, particularly the Scope 3 reductions, presents challenges. Achieving these goals will require significant collaboration across the value chain, potentially influencing supplier relationships and procurement strategies.
The company's focus on decarbonization could lead to innovation in packaging materials and designs, potentially opening new market opportunities. However, the success of this strategy depends on Amcor's ability to maintain product quality and cost-competitiveness while reducing its carbon footprint.
Amcor's long-term goal is to achieve net-zero greenhouse gas emissions across its value chain by 2050. This commitment includes significant absolute reductions of scope 1, 2, and 3 greenhouse gas (GHG) emissions across various areas, including purchased goods and services, energy-related activities, upstream transportation, waste management, and end-of-life treatment of sold products, by fiscal year 2050, using fiscal year 2022 as a base year.
The net-zero target approval complements the company's near-term emission reduction targets, confirmed in early 2024, which align with a 1.5-degree Celsius trajectory. The near-term targets aim for a
"We are delighted that our long-term targets have now also been validated, following the approval of our near-term targets earlier this year. These targets are an integral component of our sustainability strategy and reflect our commitment to delivering packaging that safeguards products, minimizes environmental impact and supports our customers in their decarbonization ambitions," said Amcor Chief Sustainability Officer David Clark.
For more detailed information on Amcor's near-term and long-term targets, please visit the SBTi webpage.
To learn about Amcor's decarbonization roadmap to net-zero greenhouse gas emissions, click here.
About Amcor
Amcor is a global leader in developing and producing responsible packaging solutions across a variety of materials for food, beverage, pharmaceutical, medical, home and personal-care, and other products. Amcor works with leading companies around the world to protect products, differentiate brands, and improve supply chains. The company offers a range of innovative, differentiating flexible and rigid packaging, specialty cartons, closures and services. The company is focused on making packaging that is increasingly recyclable, reusable, lighter weight and made using an increasing amount of recycled content. In fiscal year 2024, 41,000 Amcor people generated
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About the Science Based Targets initiative
The Science Based Targets initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. It is focused on accelerating companies across the world to halve emissions before 2030 and achieve net-zero emissions before 2050.
The initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) and one of the WeMean Business Coalition commitments. The SBTi defines and promotes best practice in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies' targets.
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SOURCE Amcor
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