Tetra Pak retains double ‘A’ score for efforts to fight climate change

Lars Holmquist, executive vice president, Sustainability & Communications at Tetra Pak

Tetra Pak has been recognized for leadership in corporate sustainability past global environmental not-profit CDP, securing a place on its prestigious ' A List ' for the 3rd year running for tackling climate change and acting to protect forests, two of the 3 environmental themes covered by CDP.

CDP's annual environmental disclosure and scoring procedure is widely recognized every bit the golden standard of corporate environmental transparency. In 2021, over 590 investors with over United states of america$ 110 trillion in assets and 200 major purchasers with US$ 5.5 trillion in procurement spend requested companies to disclose information on environmental impacts, risks, and opportunities through CDP's platform. A record-breaking xiii,000+ companies responded.

CDP uses a detailed and independent methodology to assess these companies, allocating a score of 'A' to 'D,' based on the comprehensiveness of disclosure, awareness, and direction of ecology risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. Those who don't disembalm or provide insufficient information are marked with an 'F.'

Tetra Pak on reducing GHG emissions

CDP's scoring for forests is conducted through the lens of the four bolt that cause near deforestation: timber products, cattle products, soy, and palm oil. Companies need to score an 'A' on at least one of these forest-take a chance commodities to earn a identify on the Forests' A-List.

Lars Holmquis t, executive vice president, sustainability & communications at Tetra Pak , said, "Nosotros believe that decarbonizing the food sector is vital in the race to net zilch, and a key enabler for this ambitious goal is beingness transparent in our own deportment. 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 combating climatic change and minimizing deforestation risks."

"Last year, we pledged to reach net-zero GHG emissions in our ain operations past 2030 while setting ourselves a internet-zero ambition across the value chain by 2050. Our revised SBTi-approved target across all scopes 1, two & 3 ways – amongst other things – reaching 46% GHG reduction across the value concatenation by 2030, in line with a one.5°C pathway. This is what the latest climate science has told u.s.a. is needed to foreclose the well-nigh damaging effects of climatic change, and we are fully committed to play our part."

Paul Simpson , chief executive officer of CDP, said, "Many congratulations to all the companies on this year's A-List. Taking the lead on environmental transparency and activeness is one of the most important steps businesses can make, even more and then in the year of COP26 and the IPCC's 6th assessment report. The risk scale to businesses from climate change, water insecurity, and deforestation can no longer be ignored. We know the opportunities of activity far outweigh the risks of inaction. Leadership from the private sector is essential for securing global ambitions for a internet-zero, nature-positive, and equitable world. Our A-List celebrates those companies who are preparing themselves to excel in the economy of the future by taking action today."

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