Switzerland-based food packaging group Tetra Pak has announced its commitment to reduce its greenhouse gas (GHG) emissions by 40%, compared to its emissions in 2015, by 2030.
As part of its partnership with Science Based Targets (SBT), the company is also intending to reduce GHG emissions by 58% by 2040.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Launched in 2015, SBT is a partnership between CDP, World Resources Institute (WRI) , World Wide Fund for Nature (WWF) and UN Global Compact that mobilises companies to set emissions reductions target in-line with climate science.
Tetra Pak Environment vice-president Mario Abreu said: “The collaboration with the SBT initiative has helped us accurately define our greenhouse gas emission targets and set a direction for the company in a scientific way.
“The new targets ensure we are able to openly and accurately demonstrate the contribution we are making to a low carbon economy among customers and other stakeholders.”
In order to achieve its goal, Tetra Pak will reduce its energy consumption by a further 12%.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe company will purchase electricity from renewable sources, invest in renewable energy projects and electricity certificate schemes, and install renewable energy systems, such as solar panels.
Furthermore, the company aims to reduce GHG emissions across the value chain by 16% per unit of revenue by 2020.
Tetra Pak currently provides packaging solution for water, milk, juice and other liquid foods.
Image: Tetra Pak plans to install renewable energy systems such as solar panels at its sites. Photo: courtesy of Tetra Pak International.
