GlobalData offers a comprehensive analysis of Berry Global, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Berry Global’s ESG performance. GlobalData’s company profile on Berry Global offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Berry Global, a global manufacturer, is committed to reducing its greenhouse gas (GHG) emissions and the company recognizes the importance of addressing climate change and is actively working with various stakeholders to reduce its environmental impact and promote climate action. Berry Global collaborates with governments, trade associations, NGOs, and other manufacturers to share expertise and innovation in order to strengthen the circular economy and reduce its environmental footprint. In 2022, its absolute Scope 1 and 2 market-based greenhouse gas (GHG) emissions amounted to 1.85 million metric tons (Mmt), reflecting a 5.0% decrease from 2021 and a substantial 21.4% reduction compared to the 2019 baseline emissions of 2.34 Mmt. The absolute Scope 1 and 2 location based emissions were recorded at 1,900,028 MT CO2e, its absolute value chain emissions for scope 3 were reported at 11,389,067 MT CO2e. The company targets its value chain scope 3 emissions to reduce to 9,382,876 MT CO2e by 2025.
The company has taken several steps to reduce its carbon emissions and GHG emissions. Berry Global focuses on sustainable design for reuse and recycling, waste management and reduction initiatives, and the implementation of Operation Clean Sweep. It also invests in recycling infrastructure and the production of recycled resin. These efforts have resulted in measurable environmental impact and contribute to the company's goal of reducing its greenhouse gas emissions.
Berry Global is committed to reducing marine litter and designs its products to fit within a circular economy through reuse and recycling. The company is also researching ways to increase the percentage of its energy derived from renewable sources. Climate-related scenario modeling has shaped the company's business strategy and objectives, enabling it to set ambitious targets to reduce its Scope 1 and Scope 2 greenhouse gas intensity. Berry Global aims to reduce the impact of its operations on the environment and is focused on reducing its greenhouse gas emissions.
The company's commitment to sustainability extends to waste reduction, sustainable design, and circular economy. Berry Global aims to substantially reduce waste generation through prevention, reduction, recycling, and reuse by 2030. Through sustainable design, the company is transforming its products to align with the circular economy, increase reuse and recycling, and eliminate waste from cities and waterways. It also invests in packaging supply and innovation and community projects to support a circular economy and increase the sustainability of communities.
Berry Global promotes a positive working environment and strives for continuous improvement in resource efficiency and sustainable sourcing. The company ensures safe working conditions for all employees, provides training and development programs, and promotes human rights, diversity, and inclusion. It also focuses on reducing energy intensity and transitioning to greener energy sources. Berry Global aims to increase the amount of energy purchased from renewable sources and explore possibilities for producing its own renewable energy.
In conclusion, Berry Global is committed to reducing its greenhouse gas emissions and the company takes various steps to reduce its environmental impact, including sustainable design, waste management initiatives, and investments in recycling infrastructure. Berry Global's efforts align with global sustainability goals and contribute to the transition towards a circular economy and a more sustainable future.