Berry Global Elevated to ‘AA’ Rating for ESG Management by MSCI
Berry Global (NYSE: BERY) has achieved an 'AA' ESG rating from MSCI, marking its fourth consecutive year of rating upgrades. This places Berry among the top 20% of companies in MSCI's seven-grade framework and establishes it as a leader in the packaging industry.
The company demonstrated significant improvements in Corporate Governance, Corporate Behavior, and Packaging Material & Waste. Notable achievements include reaching their 2025 goal of reducing operational emissions (Scope 1 and 2) by 25% two years ahead of schedule. Berry has committed to science-based greenhouse gas reduction targets and aims for net-zero emissions by 2050.
Key initiatives include investments in recycling operations, increased use of post-consumer recycled plastic, and improved package recyclability. The company is implementing energy-saving solutions across global locations, targeting a reduction of 100 million kilowatt-hours (kWh) annually from existing operations. A detailed sustainability report is scheduled for publication in March.
Berry Global (NYSE: BERY) ha ottenuto un rating ESG 'AA' da MSCI, segnando il suo quarto anno consecutivo di upgrade nel rating. Questo colloca Berry tra il 20% delle migliori aziende nel framework a sette gradi di MSCI e la stabilisce come leader nell'industria degli imballaggi.
L'azienda ha dimostrato significativi miglioramenti in Governance Aziendale, Comportamento Aziendale e Materiali per Imballaggio & Rifiuti. Tra i risultati notevoli si evidenzia il raggiungimento del loro obiettivo per il 2025 di ridurre le emissioni operative (Ambito 1 e 2) del 25% due anni prima del previsto. Berry si è impegnata a ridurre le emissioni di gas serra basandosi su obiettivi scientifici e punta a zero emissioni nette entro il 2050.
Le iniziative chiave includono investimenti nelle operazioni di riciclaggio, un aumento nell'uso di plastica riciclata post-consumo e un miglioramento della riciclabilità degli imballaggi. L'azienda sta implementando soluzioni per il risparmio energetico in tutte le sedi globali, puntando a una riduzione di 100 milioni di kilowattora (kWh) annualmente dalle operazioni esistenti. Un dettagliato rapporto di sostenibilità è previsto per la pubblicazione a marzo.
Berry Global (NYSE: BERY) ha logrado una calificación ESG 'AA' de MSCI, marcando su cuarto año consecutivo de mejoras en la calificación. Esto sitúa a Berry entre el 20% superior de las empresas en el marco de siete niveles de MSCI y la establece como líder en la industria del embalaje.
La empresa ha mostrado mejoras significativas en Gobernanza Corporativa, Comportamiento Corporativo y Materiales y Residuos de Embalaje. Logros notables incluyen alcanzar su objetivo para 2025 de reducir las emisiones operativas (Ámbitos 1 y 2) en un 25% dos años antes de lo programado. Berry se ha comprometido a objetivos de reducción de gases de efecto invernadero basados en la ciencia y busca alcanzar cero emisiones netas para 2050.
Las iniciativas clave incluyen inversiones en operaciones de reciclaje, un mayor uso de plástico reciclado post-consumo y una mejor reciclabilidad del embalaje. La empresa está implementando soluciones de ahorro de energía en todas las ubicaciones globales, con el objetivo de reducir 100 millones de kilovatios-hora (kWh) anualmente de las operaciones existentes. Se prevé la publicación de un informe de sostenibilidad detallado en marzo.
베리 글로벌 (NYSE: BERY)는 MSCI로부터 'AA' ESG 등급을 획득하여 4년 연속 등급 상향 조정을 이루었습니다. 이는 베리를 MSCI의 7단계 프레임워크에서 상위 20%에 포함시키고, 포장 산업의 리더로 자리매김하게 합니다.
회사는 기업 거버넌스, 기업 행동 및 포장 재료 및 폐기물에서 상당한 개선을 입증했습니다. 주목할 만한 성과로는 운영 배출량(범위 1 및 2)을 2025년 목표보다 2년 빨리 25% 감소시키는 것을 포함합니다. 베리는 과학 기반의 온실가스 감축 목표에 동참하며, 2050년까지 탄소 중립을 목표로 하고 있습니다.
주요 이니셔티브로는 재활용 운영에 대한 투자, 소비 후 재활용 플라스틱 사용 증가 및 포장 재활용 용이성 향상이 포함됩니다. 회사는 전 세계 모든 운영 장소에서 에너지 절약 솔루션을 구현하고 있으며, 기존 운영에서 매년 1억 킬로와트시(kWh)를 줄이는 것을 목표로 하고 있습니다. 상세한 지속가능성 보고서는 3월에 발표될 예정입니다.
Berry Global (NYSE: BERY) a obtenu une note ESG 'AA' de MSCI, marquant sa quatrième année consécutive de mises à jour de notation. Cela place Berry parmi les 20% des meilleures entreprises dans le cadre à sept niveaux de MSCI et l'établit comme un leader dans l'industrie de l'emballage.
L'entreprise a montré des améliorations significatives en Gouvernance d'Entreprise, Comportement d'Entreprise et Matériaux & Déchets d'Emballage. Les réalisations notables comprennent l'atteinte de leur objectif de 2025 de réduction des émissions opérationnelles (Scope 1 et 2) de 25% deux ans avant le calendrier prévu. Berry s'est engagé à des objectifs de réduction des gaz à effet de serre basés sur des données scientifiques et vise des émissions nettes nulles d'ici 2050.
Les initiatives clés comprennent des investissements dans les opérations de recyclage, une utilisation accrue de plastique recyclé post-consommation et une meilleure recyclabilité des emballages. L'entreprise met en œuvre des solutions d'économies d'énergie dans l'ensemble de ses sites mondiaux, visant une réduction de 100 millions de kilowattheures (kWh) par an de ses opérations existantes. Un rapport de durabilité détaillé sera publié en mars.
Berry Global (NYSE: BERY) hat eine 'AA' ESG-Bewertung von MSCI erhalten und damit das vierte Jahr in Folge eine Bewertungsverbesserung erzielt. Dies platziert Berry unter den besten 20% der Unternehmen im siebenstufigen Framework von MSCI und etabliert es als einen Führer in der Verpackungsindustrie.
Das Unternehmen hat signifikante Verbesserungen in Unternehmensführung, Unternehmensverhalten und Verpackungsmaterial & Abfall erzielt. Zu den bemerkenswerten Erfolgen gehört das Erreichen des Ziels, die betrieblichen Emissionen (Scope 1 und 2) bis 2025 um 25% zwei Jahre früher zu senken als geplant. Berry hat sich zu wissenschaftlich fundierten Zielen zur Reduzierung von Treibhausgasen verpflichtet und strebt Netto-Null-Emissionen bis 2050 an.
Wichtige Initiativen umfassen Investitionen in Recyclingoperationen, eine erhöhte Nutzung von nach Verbraucher-Recyclingkunststoff und verbesserte Verpackungsrecyclingfähigkeit. Das Unternehmen implementiert energieeinsparende Lösungen an seinen globalen Standorten mit dem Ziel, jährlich 100 Millionen Kilowattstunden (kWh) aus bestehenden Betrieben zu reduzieren. Ein detaillierter Nachhaltigkeitsbericht ist für die Veröffentlichung im März geplant.
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“We are incredibly proud of our recent upgrade by MCSI to an ‘AA’ rating. It’s a testament to the hard work from teams across our company over several years and it reinforces that we are positively contributing to a circular, net-zero economy,” said Kevin Kwilinski, CEO of Berry Global.
Over the past year, Berry Global drove improvements across the MSCI key issues of Corporate Governance, Corporate Behavior, and Packaging Material & Waste. For example, the company has made tremendous progress on efforts to achieve a circular economy for plastics – investing in recycling operations, consistently increasing use of post-consumer recycled plastic and innovating package designs with improved recyclability.
“We are making strong progress in many areas of deep importance to our customers, investors, employees and other partners,” said Robert Flores, Senior Vice President of Sustainability for Berry Global. “During the past four years, we’ve improved our rating on all MSCI’s key issues thanks to the ingenuity of teams across our businesses and locations. We are passionate about continuing this work.”
Related to the MSCI key issue of Carbon Emissions, Berry Global achieved its 2025 goal to reduce operational emissions (Scope 1 and 2) by
Teams at Berry Global locations around the globe are implementing a variety of solutions to reduce energy consumption, including implementing energy management systems, installing more energy-efficient equipment and conducting energy audits. These and other measures are critical to helping the company cut 100 million kilowatt-hours (kWh) out of existing operations each year to help offset energy use as it grows.
More details and additional examples of progress made over the past year will be included in Berry Global’s upcoming annual sustainability report, due to be published in March.
MSCI’s ESG ratings aim to measure a company’s management of financially relevant ESG risks and opportunities. MSCI uses a rules-based methodology to show how well a company is managing these risks relative to peers. The methodology focuses on publicly available data, including company financial and sustainability disclosures under various frameworks. To view these and other sustainability reporting documents for Berry Global, as well as previous years’ sustainability reports, visit the company’s website.
About Berry
At Berry Global Group, Inc. (NYSE: BERY), we create innovative packaging solutions that we believe make life better for people and the planet. We do this every day by leveraging our unmatched global capabilities, sustainability leadership, and deep innovation expertise to serve customers of all sizes around the world. Harnessing the strength in our diversity and industry-leading talent of over 40,000 global employees across more than 240 locations, we partner with customers to develop, design, and manufacture innovative products with an eye toward the circular economy. The challenges we solve and the innovations we pioneer benefit our customers at every stage of their journey. For more information visit our website or connect with us on LinkedIn or X.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250114979118/en/
Dustin Stilwell
VP, Head of Investor Relations
+1 (812) 306 2964
ir@berryglobal.com
Source: Berry Global Group, Inc.
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