Sealed Air Global Impact Report: Reducing Energy Consumption

Rhea-AI Summary

Sealed Air (SEE) has announced significant strides in energy efficiency and renewable energy implementation across its operations. As of December 31, 2021, 16 facilities were fully powered by 100% renewable energy, resulting in a total energy consumption of approximately 1.37 billion kWh in 2021.

SEE aims to reduce energy intensity by 17% by 2025 and 28% by 2030, based on 2019 metrics. Their waste diversion initiative plans to achieve an 85% diversion from landfill and external incineration by 2025, reaching 100% by 2030. In 2021, 67% of waste was diverted.

Additionally, SEE reported a 13.4% reduction in water intensity and a decrease in absolute water use by 7,326 cubic meters compared to 2019. The company continues to prioritize sustainability across its value chain.

Positive

• Achieved 10.1% reduction in energy intensity from 2019.
• 16 facilities now powered by 100% renewable energy.
• 67% waste diversion from landfill and incineration in 2021.
• 13.4% reduction in water intensity from 2019.

Negative

• No significant negative aspects reported.

Originally published in Sealed Air's Global Impact Report

NORTHAMPTON, MA / ACCESSWIRE / April 11, 2023 / Sealed Air (SEE) is implementing measures to increase energy efficiency and implementation of renewable energy sources across its value chain. The company invested in renewable energy credits which resulted in 16 of the company's facilities being fully credited with 100% renewable energy as of December 31, 2021.

In 2021, SEE operations consumed 1,370,232,395 kilowatt hour (kWh) energy equating to 4,932,836 gigajoules. The breakdown was 55% grid electricity, 12% renewable electricity, and 33% self-generated energy (natural gas, propane, scrap plastic, diesel, gasoline).

The goal is to achieve energy intensity reductions of 17% by 2025 and 28% by 2030 from a 2019 base year.

Energy Intensity

2021: 0.249 kWh / USD*

2020: 0.273 kWh / USD

2019: 0.277 kWh / USD

Through 2021, SEE achieved a 10.1% reduction in energy intensity from a 2019 base year. Within its operations, SEE measures electricity, natural gas, diesel, propane, gasoline, and waste-to-energy converted to megawatt hour. Intensity is calculated by dividing the total megawatt hour by the net trade sales.

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

Diverting Waste

In 2021, SEE expanded its waste reduction goal to include diversion from external incineration. The company aims to achieve diversion of manufacturing waste* from landfill and external incineration of 85% by 2025 and 100% by 2030.

SEE diverted 67% of waste from landfill and external incineration in 2021.

*Manufacturing waste is from production of the company's materials, including scrap, and is measured by weight.

Conserving Water

SEE is managing water across its 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 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, SEE was able to successfully use recycled water from local waste treatment plants. Since it is not critical that potable water is used for manufacturing SEE products, it was determined that the availability of fresh water is not important to SEE's direct operations.

Water Intensity

The company's goal is to achieve water intensity reductions of 17% by 2025 and 28% by 2030 from a 2019 base year. In 2021, SEE achieved a 13.4% reduction in water intensity from a 2019 base year.

2021: 0.29 Liters / USD*

2020: 0.32 Liters / USD

2019: 0.34 Liters / USD

Intensity is calculated by dividing the total cubic meters by the net trade sales.

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

Absolute water use in 2021 was down 7,326 cubic meters from 2019

2021: 1,597,933 cubic meters

2020: 1,595,017 cubic meters

2019: 1,605,259 cubic meters

Read Sealed Air's Global Impact Report here.

Learn More About Sealed Air's ESG efforts here.

View additional multimedia and more ESG storytelling from Sealed Air on 3blmedia.com.

Contact Info:
Spokesperson: Sealed Air
Website: https://www.3blmedia.com/profiles/sealed-air
Email: info@3blmedia.com

SOURCE: Sealed Air

View source version on accesswire.com:
https://www.accesswire.com/748531/Sealed-Air-Global-Impact-Report-Reducing-Energy-Consumption

FAQ

What are Sealed Air's renewable energy initiatives as of 2021?

Sealed Air invested in renewable energy credits, achieving 100% renewable energy at 16 facilities.

What is Sealed Air's energy intensity target for 2025?

Sealed Air aims to reduce energy intensity by 17% by 2025.

How much waste did Sealed Air divert from landfills in 2021?

Sealed Air diverted 67% of waste from landfill and incineration in 2021.

What is the water intensity goal for Sealed Air by 2025?

Sealed Air targets a 17% reduction in water intensity by 2025.

What was the absolute water use of Sealed Air in 2021?

Sealed Air's absolute water use in 2021 was 1,597,933 cubic meters.