From the SEE Impact Report: Reducing Energy Consumption

Rhea-AI Summary

SEE is focused on increasing energy efficiency, renewable energy sources, and waste reduction across its value chain. In 2022, the company achieved significant reductions in energy intensity, waste diversion, and water use. They have set ambitious goals for further reductions by 2025 and 2030.

NORTHAMPTON, MA / ACCESSWIRE / January 24, 2024 / SEE®

Originally published in the SEE Impact Report 2022

SEE is implementing measures to increase energy efficiency and renewable energy sources across our value chain. Within its operations, SEE measures electricity, natural gas, diesel, propane, gasoline, and waste-to-energy converted to megawatt hour (MWh). In 2022, SEE operations consumed 1,319,366,159 kilowatt-hour (kWh) energy, equating to 4,749,718 gigajoules (GJ). The breakdown was 50% grid electricity and 16% renewable electricity with 33% energy from other sources (natural gas, propane, scrap plastic, diesel, and fleet fuel).

Our goal is to achieve energy-intensity reductions of 17% by 2025 and 28% by 2030 from a 2019 base year. Intensity is calculated by dividing total megawatt hours by net trade sales. To normalize foreign exchange rates, net trade sales are adjusted to 2019 foreign exchange rates, except for one currency that has been designated as highly inflationary under U.S. GAAP and uses 2021 foreign exchange rates.

Energy Intensity

2022: 0.227 kWh/USD

2021: 0.249 kWh/USD

2020: 0.273 kWh/USD

2019: 0.277 kWh/USD

In 2022, SEE achieved a 18.1% reduction in energy intensity from a 2019 base year, achieving the objective three years ahead of schedule.

Diverting Waste

SEE manages and contributes to the reduction of waste across the value chain and product life cycle to minimize environmental pollution. This includes addressing SEE's own operational and manufacturing waste, as well as retailer and post-consumer waste, through increased resource efficiency, recycling, product offerings, advocacy, partnerships, communication, and education.

We aim to achieve diversion of manufacturing waste from landfill and external incineration of 85% by 2025 and 100% by 2030. Manufacturing waste is from production of the company's materials, including scrap, and is measured by weight.

SEE diverted 67.7% of waste from landfill and external incineration in 2022. Several key initiatives are ongoing with new projects underway to achieve our waste objectives.

Conserving Water

SEE is managing water across our value chain in terms of quantity and quality, including operational consumption, effluent mitigation, wastewater treatment, and water scarcity considerations.

Protecting and conserving natural resources such as water is a priority. The products SEE manufactures do not contain water, so direct use of water is limited. The primary use of water in direct operations is either for heat transfer in manufacturing equipment or for quenching the molten polymer during the film extrusion process. These operations must use water of a reasonable quality, but it does not need to be potable.

In isolated cases where there was a temporary issue with the availability of potable water, we were able to successfully use recycled water from local waste treatment plants. Since it is not critical that we use potable water in order to manufacture our products, we have determined that the availability of fresh water is not important to our direct operations. At SEE's facility in Toluca, Mexico, we have continued to make upgrades to the water purification system and are close to being able to recycle 100% of the facility's process and wastewater.

Absolute Water Use

2022: 1,532,643 cubic meters

2021: 1,597,933 cubic meters

2020: 1,595,017 cubic meters

2019: 1,605,259 cubic meters

Absolute water use in 2022 was down 72,616 cubic meters (4.5%) from 2019.

SEE's goal is to achieve water intensity reductions of 17% by 2025 and 28% by 2030 from a 2019 base year. Intensity is calculated by dividing total cubic meters by net trade sales. SEE achieved a 22.4% reduction in water intensity from a 2019 base year-achieving the water intensity target three years ahead of schedule.

SEE discloses its water security impacts through CDP, a global nonprofit that runs the leading environmental disclosure platform. In 2021 and 2022, SEE received a score of B from CDP for its water security efforts.

Water Intensity Data

2022: 0.264 liters/USD

2021: 0.290 liters/USD

2020: 0.32 liters/USD

2019: 0.34 liters/USD

To normalize foreign exchange rates, net trade sales are adjusted to 2019 foreign exchange rates, except for one currency that has been designated as highly inflationary under U.S. GAAP and continues to utilize 2021 foreign exchange rates.

Read the full SEE Impact Report 2022

View additional multimedia and more ESG storytelling from SEE® on 3blmedia.com.

Contact Info:
Spokesperson: SEE®
Website: https://www.3blmedia.com/profiles/seer
Email: info@3blmedia.com

SOURCE: SEE®

View the original press release on accesswire.com

FAQ

What are SEE's energy intensity reduction goals?

SEE aims to achieve energy-intensity reductions of 17% by 2025 and 28% by 2030 from a 2019 base year.

How much waste did SEE divert from landfill and incineration in 2022?

SEE diverted 67.7% of waste from landfill and external incineration in 2022.

What are SEE's water intensity reduction goals?

SEE's goal is to achieve water intensity reductions of 17% by 2025 and 28% by 2030 from a 2019 base year.

What was SEE's absolute water use in 2022?

Absolute water use in 2022 was 1,532,643 cubic meters, down 4.5% from 2019.

What score did SEE receive from CDP for its water security efforts?

In 2021 and 2022, SEE received a score of B from CDP for its water security efforts.