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PROCESSING & PACKAGING
Tetra Pak: Decarbonizing the food sector is vital score
Tetra Pak has been recognized for leadership in corporate sustainabil- ity by global environmental non-profit CDP[1], securing a place on its presti- gious ‘A List’ for the third year running for tackling climate change, as well as acting to protect forests – two of the three environmental themes covered by CDP. With this accolade, Tetra Pak cements its position as the only com- pany in the carton packaging sector to be included in the CDP leadership band for six years in a row.
Tetra Pak is one of a handful of companies that achieved a double ‘A’, out of nearly 12,000 companies that were scored based on data submitted through CDP’s questionnaires in 2021.
CDP’s annual environmental dis- closure and scoring process is widely recognized as the gold standard of cor- porate environmental transparency. In 2021, over 590 investors with over US$110 trillion in assets and 200 major purchasers with US$5.5 trillion in pro- curement spend requested companies to disclose data on environmental im- pacts, risks and opportunities through CDP’s platform. A record-breaking 13,000+ companies responded.
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A detailed and independent meth- odology is used by CDP to assess these companies, allocating a score of ‘A’ to ‘D’ - based on the comprehensiveness of disclosure, awareness and manage- ment of environmental risks and dem- onstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. Those that don’t disclose or provided insufficient information are marked with an ‘F’.
Lars Holmquist, Executive Vice Presi- dent - Sustainability & Communica- tions at Tetra Pak, said “We believe that decarbonizing the food sector is vital in the race to net zero, and a key enabler for this ambitious goal is being transparent in our own actions. We’re delighted to be included in the CDP leadership band for the sixth time, as it recognizes we are taking the right steps on combatting climate change and minimizing deforestation risks.”
“Last year we pledged to reach net- zero GHG emissions in our own opera- tions by 2030 while setting ourselves a net-zero ambition across the value chain by 2050. Our revised SBTi-ap- proved target across all scopes 1, 2 &
3[2] means – amongst other things – reaching 46% GHG reduction across value chain by 2030, in line with a 1.5°C pathway. This is what the latest climate science has told us is needed to prevent the most damaging effects of climate change, and we are fully committed to play our part.”
Looking ahead, the leading food processing and packaging solutions company has set additional ambi- tious commitments, such as switch- ing to 100% renewable electricity in its operations by 2030 in line with RE100 commitment[3], increasing the use of polymers with renewable or recycled content targeting 20% (by weight of sourced volumes) world- wide by 2025 and achieving a posi- tive impact on biodiversity through forest conservation and nature- based solutions.
[2]
[3]
(Source: Tetra Pak)
CDP (Carbon Disclosure Project) is a not-for-profit charity that
[1]
runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental im- pacts. The world’s economy looks to CDP as the gold standard of environmental reporting with the richest and most compre- hensive dataset on corporate and city action. https://www.tetrapak.com/sustainability/planet/environmen- tal-impact/a-value-chain-approach/sustainability-measuring- and-reporting
https://www.there100.org/
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